Andrew Tan ups Boracay funding as confidence in journey returns

Billionaire Andrew Tan is upping his funding in Boracay island as home tourism recovers from a two-year journey droop triggered by the COVID-19 pandemic.

International-Property Resorts Inc., a subsidiary of Tan’s flagship property developer Megaworld Corp., introduced plans to open a 1,200-seat conference facility later this month.

The venture, referred to as Boracay Newcoast Conference Middle, will rise within the firm’s 150-hectare Boracay Newcoast venture.

International-Property is betting on extra enterprise gatherings or occasions identified within the business as conferences, incentives, conferences and exhibitions (MICE). Aside from normal options, the conference heart shall be geared up with “100-percent…

Carry on studying: Andrew Tan ups Boracay investment as confidence in travel returns

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