Siquijor’s rising recognition has additionally drawn the eye of buyers.
With 7,641 islands, the Philippines is residence to an unstated competitors amongst lesser-known locations vying to turn out to be the subsequent tourism hotspot.
Main the cost is Siquijor, a province in Negros Island that has seen a big rise in in a single day stays. Its 2024 arrivals reached 241,529, surpassing its pre-pandemic whole of 168,366. Its untouched pure magnificence and secluded attraction, amplified by rising social media publicity, have made it a best choice for worldwide vacationers.
Agoda’s newest annual rating even named Siquijor because the quickest rising journey vacation spot within the Philippines right this moment.
Accessibility and vacationer spots
Siquijor’s strategic location close to well-liked vacationer hubs like Bohol and Cebu makes it a pure addition to vacationers’ itineraries.
Whereas at the moment accessible by sea, the island’s connectivity is ready to enhance with the upcoming Siquijor Airport, additional enhancing journey comfort throughout the nation.
Famend for its pristine white sand seashores, cascading waterfalls, and hidden pure wonders, Siquijor captivates journey seekers and nature fans. The island has turn out to be significantly well-liked amongst European and American vacationers, who persistently rank amongst its high guests.
Whereas points of interest are scattered throughout the province, the municipality of San Juan specifically serves because the island’s major tourism hub—only a 20-minute trip from Siquijor Port. The island’s southern shoreline additionally boasts of a thriving underwater ecosystem, making it a premier vacation spot for diving fans.
Siquijor, a province in Negros Island, has seen a big rise in in a single day stays.
Rising curiosity from buyers
With restricted lodging choices and a gradual rise in vacationer arrivals, current institutions in Siquijor are experiencing excessive occupancy charges. The island’s hospitality sector is at the moment dominated by boutique motels, standalone lodging, and Airbnb properties, catering primarily to economic system and midscale vacationers, together with backpackers and diving fans.
Nevertheless, Siquijor’s rising recognition has additionally drawn the eye of buyers desperate to capitalize on its development.
Within the coming years, roughly 460 new lodge keys are anticipated to be added to the province, as extra buyers acknowledge the island’s robust potential. Some builders have already got a foothold in Siquijor and are planning to introduce their established manufacturers, whereas others are actively exploring alternatives to faucet into the island’s increasing tourism and actual property panorama.
Growing demand for numerous lodging
Siquijor is experiencing rising demand for a broader vary of lodging, significantly within the higher midscale to luxurious segments. Increasing and diversifying the island’s hospitality choices won’t solely meet the evolving preferences of vacationers but in addition improve market competitiveness and additional set up Siquijor as a first-rate funding vacation spot.
Beachfront properties in San Juan are scarce, presenting a worthwhile alternative for early buyers.
Whereas property costs in key municipalities corresponding to Siquijor and San Juan have been step by step rising, they continue to be considerably extra inexpensive than these in different premier resort locations within the Philippines.
Rising star
With rising social media publicity, Siquijor is not a hidden gem however a rising star in Philippine tourism. As curiosity grows, the demand for top of the range lodging, business institutions, and trip properties can also be anticipated to rise.
Buyers who enter the market early stand to learn from the island’s ongoing transformation.
The creator is a senior researcher for Inns, Tourism, and Leisure at Leechiu Property Consultants
