Boracay World Resorts

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Alliance Global Group (AGI) plans to invest approximately $300 million to develop a new integrated resort (IR) with a boutique casino in the Visayas, one of the Philippines' three main island groups. Situated in Boracay, the country’s premier tourism spot and a top beach destination, the group owns a 150-hectare township called Boracay Newcoast, featuring an 18-hole golf course, a one-kilometer private beach, and nearly 2,000 hotel rooms. 

AGI's new project builds on Boracay Newcoast, which spans 15 hectares, and expands on its already thriving tourism estate. It includes 11 residential developments, four hotels, and a dedicated commercial and entertainment district.

The company has completed the Boracay Newcoast Convention Center, a 1,200-seat facility, and is now reportedly moving forward with plans to develop new hotels in the area.

Boracay World Resorts is one of two projects being undertaken by Travellers International Hotel Group, the leisure and tourism arm of AGI, which is investing around $400 million in a new integrated resort in Cebu, called Mactan World Resorts.

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