Capitalists And Money

TIEZA assets to be presented to investors at summit this month

TIEZA.GOV.PH

By Justine Irish D. Tabile, Reporter

THE Tourism Infrastructure and Enterprise Zone Authority (TIEZA) will offer its portfolio of assets and proposed projects to investors at an upcoming industry summit, the event’s organizers said.

The Philippine Tourism and Hotel Investment Summit on June 21 is expected to showcase investment opportunities in tourism, hotels and hospitality, according to the Philippine Hotel Owners Association, Inc. (PHOA).

PHOA Executive Director Benito C. Benzon, Jr., speaking at the summit’s media launch on Tuesday, said: “With the presence of hotel owners, investors, and developers, we are hoping to bring forward (potential investments) because the decision-makers will all be there.”

“We also want the investors to take a hard look at what is available in the portfolio of TIEZA because TIEZA has a wide range of assets and investment offers that the developers and owners can consider,” he added.

The event is expected to attract around 250 delegates. It will be the first of its kind in the Philippines.

“This summit … provides an excellent opportunity not only to network but to share insights and strategies towards sustainable development and growth,” PHOA President Arthur M. Lopez said.

It will also feature exhibitions by 30 companies showcasing hotel equipment, energy efficiency solutions, spa and wellness offerings, and digital solutions for the industry.

“The exhibition will not only offer a glimpse into the latest trends and innovations but also foster partnerships essential for the sector’s evolution,” TIEZA Chief Operating Officer Mark T. Lapid said.

“We hope that this event will help us promote tourism investments and increase our capacity to accommodate inbound tourists,” he added.

PHOA represents 217 member hotels with a total inventory of more than 40,000 rooms.