Boracay the 1970s. In 1970, the movies "Nam's Angels" (released in the U.S. as "The Losers") and "Too Late the Hero" used filming locations on Boracay and Caticlan. There was an influx of Western tourists after German writer Jens Peter called it "paradise on Earth" in his book about the Philippines in 1978. In the 1980s, the island became popular as a budget destination for backpackers. By the 1990s, Boracay's beaches were being acclaimed as the best in the world. However in 1997, the tourist arrival to the resort island dropped 60 percent due to the increase of coliform bacteria from
Christmas Island Resort formally opened as the Christmas Island Casino and Resort on 18 December 1993. As envisaged, the casino catered mainly to a wealthy Asian clientele, with most of its patrons flying in from Jakarta, often by private jet. Business was facilitated by the Australian government, which issued special short-term visas for Christmas Island. Initially the resort ran at a profit, with most revenue coming from the casino. However, after 1994, CIR made losses. The resort was badly affected by the Asian Financial Crisis of 1997-98, and it suspended operations on 23 April 1998. On 28 July 1998 the Australian Minister for