Thursday, July 08, 2010

The Next Phuket

Is in the Philippines.

This is a continuation of my earlier post Where to invest in 2010-2015? I said, Philippines and on its tourism potentials.

Here is an excerpts:

In the first quarter of this year, the country’s prime tourism season, the number of foreign visitors to the Philippines was up by 8 percent from the same period a year ago; Boracay, which is less than an hour’s flight from Manila, had a 20 percent spike in tourism. Last year, this island’s 650,000 tourists — a third of them foreign — marked an all-time high, according to the department of tourism.

To read the full article in New York Times, here is the link.