Why leisure-oriented developments are so popular in the Philippines, plus more news

For PropertyGuru’s news roundup, there’s a rising demand for resort-themed projects across the Philippines. In other headlines, digital solutions are redefining the hospitality sector. Lastly, turning your home into a vacation rental can be lucrative in India.

Dissecting the popularity of leisure-oriented developments in the Philippines

The pandemic has highlighted the need for greener, more open spaces. This is a major reason why property firms now offer bigger spaces, whether for condominium or horizontal developments. These projects are classified as upscale and luxury developments based on total contract prices but are among the best-selling projects in the market post-COVID. We expect developers to continue launching similar projects, but the first movers have an advantage.

Colliers Philippines believes property firms must take advantage of the rising demand for resort-themed projects nationwide. For one, these projects are banking on the revival of the Philippine tourism market, which the Marcos administration continues to aggressively promote. The tourism sector remains one of the major job-generating economic sectors of the Philippines, and the government’s emphasis on the sector will substantially benefit developers catering to local and foreign markets.

According to BusinessWorld, leisure-themed developments also benefit from improving connectivity. Major projects in the Cavite-Laguna-Batangas (Calaba) corridor, for instance, are taking advantage of improving access from Metro Manila to Southern Luzon. Hordes of people visit their favourite destinations in the south during weekends and holidays, and the ease of travel has been facilitated by the completion of major public projects, including those connecting cities from north to south Luzon.

Redefining hospitality: Digital solutions in hotels

The hospitality industry is in the midst of a profound transformation, driven by shifting guest expectations, rapid technological advancements, and evolving societal trends, according to The Hotel Conversation.

These changes have been further accelerated by global events, leading to staff shortages and significant shifts in guest spending behaviours. As a result, the way hotels, resorts, and other hospitality venues operate and engage with their guests is being reshaped in unprecedented ways.

One of the most significant and complex changes in the hotel industry over recent years is the integration of advanced technology, particularly in response to the rise of the bleisure economy.

As more travellers blend business with leisure, there has been a growing demand for services that cater to both professional and recreational needs. This includes flexible workspaces, enhanced Wi-Fi connectivity, and curated experiences that allow guests to seamlessly transition between work and leisure.

The rise of remote work and the digital nomad lifestyle has further fuelled the bleisure trend, making it a key factor in today’s hospitality landscape. However, this shift has also brought about heightened expectations from guests who now seek personalised, seamless experiences that go beyond traditional notions of luxury or comfort.

When in India: How to rent out your house as a vacation rental?

Renting out your house as a vacation rental can be a lucrative venture, especially with the growing demand for short-term stays in India. Whether it’s for extra income or to maximise the use of unused property, turning your home into a vacation rental requires thoughtful planning. From understanding legal requirements to creating an appealing space for guests, several factors can determine your success. This Housing.com guide will walk you through essential steps to help you attract guests, maintain your property, and ensure a smooth and profitable rental experience.

The Property Report editors wrote this article. For more information, email: [email protected].