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Branded residences growing in destinations like Cebu

THE Philippines is emerging as a destination for branded residences, with a market poised for significant growth, a hospitality and real estate consultancy firm said. ....

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Philippines scrapping of Covid pre-departure tests met with cheer

Philippines scrapping of Covid pre-departure tests met with cheer
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10th PropertyGuru Philippines Property Awards launches with resurgent optimism in real estate market

10th PropertyGuru Philippines Property Awards launches with resurgent optimism in real estate market ....

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'Workcations' to fuel serviced apartment sector, experts say

BusinessWorld
May 25, 2021 | 12:05 am
BusinessWorld.
âA serviced apartment is a fairly stable investment vehicle,â said Claro dG. Cordero, Jr., director and head of research at Cushman & Wakefield. âIt provides a secure and stable income for operators, as contracts with long-stay corporate clients provide resilience.â
The strength of the serviced apartment sector, added Mr. Cordero, is that it provides a safer environment for its core end users â business travelers â who need to be housed in professionally managed accommodations.
The business process outsourcing industry, which is projected to grow after the pandemic, is seen as another source of demand. âThe market is still very young,â Mr. Cordero added. âIt will continue to professionalize.âÂ Â ....

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