MANILA, Philippines — Ayala Land Inc. (ALI), the listed property giant of conglomerate Ayala Corp., is on the look out for more eco-tourism estates, recognizing this industry as a viable new leg of business. In an email interview, Mabel Reyes, head of project development for Lio Estates said tourism estates anchored on sustainability is now an integral part of ALI’s portfolio. At present, ALI has two tourism estates – Lio in El Nido, Palawan and Sicogon in Carles, Iloilo. Ayala Land Hotels and Resorts Corp. (AHRC) is bullish on the growth prospects of the tourism industry in the Philippines. Lio Tourism Estate in El Nido, Palawan is Ali’s first tourism estate.

Source: Philippine Star February 18, 2019 17:29 UTC