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
Boracay "more Miami chic than hidden oasis." Leisure activities available on or near Boracay include horseback riding, scuba diving, diving helmet, snorkeling, windsurfing, kiteboarding, cliff diving, parasailing. Boracay is the site of an 18-hole par 72 golf course designed by Graham Marsh. In addition, , Boracay has in excess of 350 beach resorts offering more than 2,000 rooms ranging in quality from five-star to budget accommodation. In addition, Boracay offers a wide range of restaurants, bars, pubs, and nightclubs. A landmark natural rock formation, Boracay's Rock, juts prominently directly in front of Willy's Beach Resort. According to the Department of Tourism