Hospitality/Tourism Market Study

One of Mindanao’s leading property developers partnered with PRIME Philippines to evaluate opportunities within the hospitality and tourism sector, with a particular focus on Davao City and IGACOS. Recognizing the rapid growth of domestic and international travel to these destinations, the developer sought PRIME’s expertise to provide an in-depth market study that would guide its investment strategy in the leisure and hospitality space.

The study analyzed a range of critical factors, including current and projected demand for accommodations, visitor arrival trends, competitive hotel supply, and future infrastructure developments that could influence tourism growth. PRIME Philippines also evaluated the unique positioning of Davao as a regional economic hub and IGACOS as a prime leisure destination, offering the developer a clear perspective on the opportunities and challenges of each market.

Through detailed financial projections and market-based recommendations, PRIME Philippines assessed the feasibility of a potential hotel development and its capacity to achieve sustainable returns. The findings served as a decision-making framework for the developer, ensuring that the planned investment aligns with both market realities and long-term growth prospects. This engagement highlights the importance of data-driven advisory in unlocking the potential of Mindanao’s expanding hospitality and tourism industry.