AFTER regaining control of its Boracay resort, Panlilio-led Boulevard Holdings Inc. (BHI) is spending P200 million to expand the facility.

“We project investing another P50 million more for additional parcels and about P150 million more in a year to upgrade our rooms to suites and increase the number from 50 up to 65 keys, hopefully by next summer,” Jose Marcel Panlilio, BHI chairman, president and chief executive officer, said in a disclosure to the stock exchange on Thursday.

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