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Filinvest Development Corporation ( PSE : FDC) is the publicly listed holding company for the various firms in the Filinvest group. It was established in 1955 in the Philippines by Andrew L. Gotianun Sr. and his wife, Mercedes Gotianun, as a used-car financing company. [ 1] It has holdings in real estate development and leasing, the sales of ...
The Tourism Infrastructure and Enterprise Zone Authority (TIEZA), formerly the Philippine Tourism Authority (Filipino: Pangasiwaang Pilipino sa Turismo), is an agency of the Philippine national government under the Department of Tourism responsible for implementing policies and programs of the department pertaining to the development, promotion, and supervision of tourism projects in the ...
Tourism is an important sector for the Philippine economy. The travel and tourism industry contributed 8.6% to the country's GDP in 2023; [ 1] this was lower than the 12.7% recorded in 2019 prior to the COVID-19 lockdowns. [ 2] Coastal tourism, encompassing beach and diving activities, constitutes 25% of the Philippines' tourism revenue ...
Hospitality industry. The hospitality industry is a broad category of fields within the service industry that includes lodging, food and beverage services, event planning, theme parks, travel agency, tourism, hotels, restaurants, nightclubs, and bars .
History of catering. The history of catering involves the development and evolution of the service industry that provides food, beverage, and other event services. The word catering comes from the Latin word cater, which means to provide. The business of providing food for parties, meetings, and other gatherings has been around for millennia ...
A Philippine Tourism Commission was created under the unified Trade and Tourism Department to oversee the growth of the tourism industry as a source of economic benefit for the country. In 1973, President Ferdinand Marcos created a new cabinet-level Department of Tourism (DOT) by splitting the Department of Trade and Tourism into two separate ...
Mabuhay is a Filipino greeting, usually expressed as Mabuhay!, which literally means "to live". The term is also occasionally used for toasts during celebrations to mean "cheers". It is similar to the Hawaiian expression "aloha". [ 1] It is used in the local hospitality industry to welcome guests, a practice rooted in a 1993 campaign launched ...
Seda (formerly known as Kukun, occasionally referred to as Seda Hotels) is a Philippine brand of hotels owned and operated by Ayala Land Hotels and Resorts, a subsidiary of Ayala Corporation. The first hotel under the Seda brand began operations in 2012 with the opening of Seda BGC at the Bonifacio Global City in Taguig, Metro Manila, Philippines.