“Longtime Boracay Business Owners Hit Hard by COVID-19”

Boracay tourism

As the new coronavirus disease (COVID-19) pandemic continues to batter the tourism industry, several businesses, including the Boracay Island ‘s oldest shops and restaurants, have decided to close their doors for good.

Nautilus Boracay, a resort lifestyle clothing store established 20 years ago at D’Mall commercial plaza, will cease operations. Store owner and international designer PJ Arañador said in a post on Facebook that he just resigned. Fifty per cent of small and medium-sized enterprisesin the country are already shutting down their businesses. Count him in he said.

Arañador said he’d lost millions of pesos in fixed costs, including paying the salaries of employees in advance. Now in a ghost town, we pay rentals and utilities. Nowhere is our market clear in sight.

As the new coronavirus disease (COVID-19) pandemic continues to batter the tourism industry, several businesses, including the Boracay Island ‘s oldest shops and restaurants, have decided to close their doors for good.

Nautilus Boracay, a resort lifestyle clothing store established 20 years ago at D’Mall commercial plaza, will cease operations. Store owner and international designer PJ Arañador said in a post on Facebook that he just resigned. Fifty per cent of small and medium-sized enterprisesin the country are already shutting down their businesses. Count him in he said.

Arañador said he’d lost millions of pesos in fixed costs, including paying the salaries of employees in advance. Now in a ghost town, we pay rentals and utilities. Nowhere is our market clear in sight. It will not be supported by arrival of local tourists projected by the end of this year, even giving it another two years, he said.

Arañador said businesses were reeling from the island’s six-month closure to tourists from April 26 through Oct. 25 , 2018, even before the pandemic. He added the impact of the closure and lockdown had also been worsened by the change of tourism market due to the thrust to attract the low-end tourism market, mainly from China.

Truefood Indian Cuisine, a pioneer restaurant in Boracay, is also closing due partly to the pandemic. In 1990, the restaurant was erected. They are closing down because the lease on the beachfront property, where the restaurant operates, will expire soon, according to Tina Occhionero, the restaurant’s general manager. She said the restaurant’s relocation plan remained uncertain because of lack of tourists.

Businesses on the 1,032-hectare island are dependent on tourists but the island ‘s economy has been crippled by nearly six months of travel restrictions and health concerns. It will not be supported by arrival of local tourists projected by the end of this year, even giving it another two years, he said.

Arañador said businesses were reeling from the island’s six-month closure to tourists from April 26 through Oct. 25 , 2018, even before the pandemic. He added the impact of the closure and lockdown had also been worsened by the change of tourism market due to the thrust to attract the low-end tourism market, mainly from China.

Truefood Indian Cuisine, a pioneer restaurant in Boracay, is also closing due partly to the pandemic. In 1990, the restaurant was erected. They are closing down because the lease on the beachfront property, where the restaurant operates, will expire soon, according to Tina Occhionero, the restaurant’s general manager. She said the restaurant’s relocation plan remained uncertain because of lack of tourists.

Businesses on the 1,032-hectare island are dependent on tourists but the island ‘s economy has been crippled by nearly six months of travel restrictions and health concerns.

To know more about Philippines News:
https://filipinolive.com/category/national

Leave a Reply

Your email address will not be published. Required fields are marked *