Boracay Convention Center plenaries in the function rooms. The Boracay Convention Center is part of the 79.21-hectare eco-village land in Boracay Island, which the Ayala group owned until June 2003. In 2005 alone, Boracay Property Holdings Inc., has so far invested $6 million or about P336 million to put up the world-class hotel and facilities in the area. Philippine Department of Trade and Industry Secretary Cesar A. V. Purisima had endorsed the conversion of the eco-village project, into a Tourism Economic Zone (TEZ) to President Gloria Macapagal Arroyo, who issued the presidential proclamation. The Trade department noted the rise in tourist bookings in
Christmas Island Resort Christmas Island Resort The Christmas Island Resort, often called the Christmas Island Casino, is a holiday resort on Christmas Island, an Australian territory in the north-eastern Indian Ocean lying about 300 km south of Java and 1600 km north-west of the Australian mainland. It operated as a casino for over four years during the 1990s. It was one of the world’s most profitable prior to bankruptcy and once turned over $5 billion a year profit. The casino/resort was conceived in the early 1980s by Perth property developer Frank Woodmore as a business opportunity following the closure in 1981, for political