Diara nakita ra.Saudi Prince Alwaleed Bin Talal Alsaud has teamed up with Ayala Land to invest $150 million for a resort project in Bohol. The Saudi Prince is reportedly interested in the property of the Fonacier family, which owns the 168-room Bohol Beach Club.
Nearly half a million tourists, including about 40,000 foreign guests, visited Bohol last year, and the Department of Tourism expects this number to increase soon with the construction of more resorts and completion of vital infrastructure projects.
Bohol Congressman Edgar Chato, who chairs the House committee on tourism, said there are only 2,500 hotel and resort rooms in Bohol at present, which are not enough to accommodate the influx of visitors.
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