There are two things that are diverting my attention in our core business - tourism (a resort for sale in Baras Rizal) and flipping lands for renewable energy in Central Luzon. The latter involves mere LF ads and getting in touch with agents from Central Luzon
For the first I have all ready my preconceived notion: 1. It is not part of our core busienss and investment guidelines. 2. Resort is a highly cyclic and seasonal business. It does revenue only 50% of the year. (See the big ones in Sta Rosa that have gone into thematic parks and rides) Even Disneyland which as integrated all scope entertainment: movies, TV, shows, and theme parks, hotels travel has seen the worst. And now with inflation, definitely entertainment will not be in top list of family budget.
The proposed site is distant and requires P500.00 tricycle to get there.
I have to entertain and talk to the interested parties who will come on Wednesday.
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