Why venture into eco-resorts and boutique hospitality
Eco-resorts appeal to patrons due to their commitment to sustainability and integration with nature. (https://blog.remoovit.com)
In recent years, the Philippine tourism landscape has expanded to include eco-resorts, retirement villages, and boutique hotels, especially given the country’s abundant natural settings. These ventures are becoming increasingly popular, driven by global trends in sustainable tourism and the desire for personalized, immersive travel experiences.
Why should small-scale developers consider diving into this industry? Let me share some thoughts based on current trends and project experiences.
Landowners with access to small plots of land can find venturing into boutique hospitality profitable and impactful. (https://www.thecolonyhotelbali.com)
Commitment to sustainability
Eco-resorts appeal to patrons due to their commitment to sustainability and integration with nature. These establishments are often in pristine environments such as coastal areas, forests, or mountains, which we have plenty of in the country. Here, guests are offered a place to stay and an experience that connects them with the local ecosystem and community.
In the Philippines, destinations like Palawan, Siargao, and Laguna are prime examples of flourishing areas with resorts that harness their natural beauty, celebrate culture, and promote environmental conservation.
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Venturing into small-scale leisure real estate offers a robust business model that combines lower initial investments with high potential returns. (https://blog.remoovit.com)
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Minimal capital
Landowners with access to small plots of land, such as a beachfront, a hillside, or an inland farm, can find venturing into boutique hospitality profitable and impactful. The model is workable with the right strategies in place and with minimal capital. The return can be significant, especially when the property offers unique and localized experiences.
Moreover, the trend toward personalized wellness experiences is on the rise. Leisure resorts incorporating wellness amenities, such as organic dining, yoga sessions, and spa treatments using local herbs, can tap into this lucrative market. This focus on wellness resonates deeply with the growing demographic of travelers looking to maintain their health and well-being even while on vacation.
Partnering with an experienced professional also helps bring in a wealth of knowledge, creativity, and inventiveness. A well-rounded collaborator comprehends the intricacies of architectural design and the nuances of creating a memorable guest experience seamlessly integrated with the local environment.
In working with someone who deeply understands the local context and global trends, landowners can ensure that their projects are functional, marketable, and genuinely memorable.
The small scale of these developments allows for greater flexibility and creativity to cater to specific demographics. (https://hoteltechreport.com)
Unique, personalized experiences
Venturing into small-scale leisure real estate offers a robust business model that combines lower initial investments with high potential returns. These properties appeal to niche markets such as retirees, wellness tourists, and eco-conscious travelers willing to pay a premium for unique, personalized experiences.
The small scale of these developments allows for greater flexibility and creativity to cater to specific demographics, such as retirees looking for a peaceful yet vibrant community or tourists seeking a blend of luxury and sustainability. Small-scale ventures can build strong brand loyalty and benefit from repeat business and referrals by offering something distinct from the larger, more generic resorts.
The Philippine tourism industry is poised to grow by 2024, strongly focusing on sustainable and immersive travel experiences. Now is a golden opportunity for pocket developers ready to innovate and invest in small resorts and boutique hospitality projects. By aligning with the right partners, global trends, and local opportunities, the potential for success is most conceivable.
The author (at www.ianfulgar.com) is a leading architect with an impressive portfolio of local and international clients. His team elevates hotels and resorts, condominiums, residences, and commercial and mixed-use township development projects with innovative, cutting-edge design and joint venture solutions that have garnered industry recognition, making him the go-to expert for clients seeking to transform their real estate ventures
