Boracay the word for seed. Boracay was originally home to the Ati people. Boracay Island was already an inhabited place before the Spaniards came to the Philippines. It was known to the Iberian conquerors as "Buracay". At the time of contact with the Europeans, "Buracay" had a population of one hundred people, who cultivated rice on the island and augmented their income by raising goats. Boracay is part of Aklan, which became an independent province on April 25, 1956. Boracay was largely an agricultural community like other parts of the country. Around 1900 A.D., Sofía Gonzáles Tirol and her husband Lamberto
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