it is great to see new hotels gradually popping up in Manila and elswhere.
Some such as Microtel Mall of Asia are decidely low key, but others such as Fairmont Makati will presumably have a high profile when they open in 2011 or beyond.
So that's all well and good.
Despite a predicted economic growth rate of six to dseven per cent this year, however, it does not seem to me that there is a lot of renovation of older hotels.
Mandarin Oriental is one at which I have stayed that needs some serious work to bring it to 21st century standard. So does New World Hotel opposite Greenbelt in Makati, but perhaps not as urgently.
Makati Shangri-la, while a leading hotel on TA, appears to require renovation of its rooms according to some TA members, as does one wing of the Manila Peninsula.
Of course there are exceptions: I gather The Manila Hotel is having some internal work undertaken.
Are some of these hotel owners making a business decision that refurbishment does not give them an acceptable rate of return on the capital spending involved, or are such owners faced with more pressing demands for their capiital in other countries?
If even five per cent economic growth can continue (and that remains to be seen), the country's economy will double in roughly 15 years so Manila, Cebu and other areas will presumably need more hotels or other guest accommodation particularly if the call centre/ business process outsourcing industry continues on its merry way.