Cebu Celebrates Sinulog Festival, a Big Help to its Economy

 

January 16, 2011 – Cebu City, Philippines, marks another history for Cebu as it celebrates Sinulog Festival, the most awaited big event of the year. With different participants not just from Cebu but also from its neighboring islands, who spend hundreds of thousands of pesos for their sophisticated, unique, and colorful costumes and props, competing for the grand prize and bringing home the pride.

It is the most colorful event of the year that attracts not just the native Cebuanos, but also foreign people who keeps coming back every Sinulog Festival. This helps a lot in the tourism industry and greatly affects the economic situation of Cebu particularly in the hotel and restaurant industries. Almost every year, new hotels arise to serve more foreign people as their population continues to grow, to provide them comfortable place just like a home away from their home.

Cebu has a lot to be proud of. It has all the ingredients for an ideal tourist destination. It gets a share of 500,000 international tourists in a year. With its accessible international airport, natural attractions such as beautiful beaches and luxury resorts, that includes diving and island hopping, and the charming Cebuanas and hospitable Cebuanos, thus making it as one of the best destinations in Asia.

Cebu has been ranked as the 4^th Asian island destinations according to Travel + Leisure magazine that released its World’s Best Awards 2009 result last year, a listing of the best airlines, hotels, or cruises, in islands and cities all over the world.  Cebu has also been named as the “Best Honeymoon Destination” because lots of travelers, especially the couples, are finding its pristine white beaches, romantic resorts and breathtaking views, a perfect treat for their honeymoon trip.

Such recognition provides impetus for more private and public sector investments in infrastructure and tourism-related facilities. Korea and Japan are the leading source markets for goods and electronic devices, while US and Europe are the leading source for Business Process Outsourcing services that tempestuously boomed because Cebuanos provide quality of work and speak the English language proficiently.