Boracay was emerging among the top destinations for tranquility and nightlife. Boracay was awarded as the 2012 best island in the world from the international travel magazine "Travel + Leisure". In 2014, the resort island was at the top of the "Best Islands in the World" list published by the international magazine Condé Nast Traveler. In 2016, Boracay headed the magazine's list of "Top 10 destinations to watch". In April 2018 the Philippine Government decreed a 6-month closure of the island for tourists to undertake major renovation works, especially of the sewerage system, which had become obsolete and insufficient.. It re-opened
Boracay group led by Andrew Tan had earmarked PHP20 billion to develop tourism estates "featuring an integrated, master-planned layout and world-class resort offerings and amenities" in Boracay and Cavite. The planned Boracay project, Boracay Newcoast, involves four hotels with 1,500 rooms, a plaza and an entertainment center. Other resorts in Borocay include Discovery Shores, a luxury five-star resort managed by a Filipino hospitality group called The Discovery Leisure Company Inc. and owned by Discovery World Corp. The building, with 88 suites, a spa, and four restaurants and bars, stands at Station One on the White Beach, and has been described as