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The Philippines remains competitive in tourism versus its peers in the region despite the removal of a tax perk for new hotels in various tourist attractions, the Finance department said on Wednesday.

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The rapid pace of hotel and resort developments is  likely to continue despite a Board of Investments (BOI) regulation removing the income tax holidays (ITH) for new and expanding tourist accommodation facilities in Metro Manila, Cebu City, Mactan island and Boracay island, a property consultancy firm said.

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PHILIPPINE HOTEL FEDERATION INC

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The rapid pace of hotel and resort developments is  likely to continue despite a Board of Investments (BOI) regulation removing the income tax holidays (ITH) for new and expanding tourist accommodation facilities in Metro Manila, Cebu City, Mactan island and Boracay island, a property consultancy firm said.

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abtest

DOF allays tourism industry's fears amid less tax perks

May 22, 2013 - 5:56pm

The Philippines remains competitive in tourism versus its peers in the region despite the removal of a tax perk for new hotels in various tourist attractions, the Finance department said on Wednesday.

Business

Hotel, resort projects not likely to be affected by ITH removal

By Louella Desiderio | May 17, 2013 - 12:00am

The rapid pace of hotel and resort developments is  likely to continue despite a Board of Investments (BOI) regulation removing the income tax holidays (ITH) for new and expanding tourist accommodation facilities...

Real Estate

Tourism stakeholders to support Lim's replacement

By Ghio Ong | August 17, 2011 - 12:00am

Tourism stakeholders from the private sector yesterday vowed their support to whoever will be appointed secretary of the Department of Tourism.

Headlines