DEFINITION
Existing accommodation establishment not located within a TEZ. It is to be noted that this existing accommodation shall undertake asubstantial expansion or upgrade of its facilities and that the cost of expansion or upgrade of its physical assets amounts to at least 50% of the original investment.
“Tourism Enterprises” shall refer to facilities, services and attractions primarily engaged in whole or in part in tourism and for the purpose of attracting visitors to and within the Philippines such as, but not limited to, facilities, services and attractions involved in tourism; travel and tour services, tourist transport services, whether for land, sea or air transportation; tour guides; adventure sports services involving such sports as mountaineering, spelunking, scuba diving and other sports activities of significant tourism potential; convention organizers; accommodation establishments, including but not limited to, hotels, resorts, apartment hotels or apartelles, condotels (that cater to tourists), tourist inns, motels, pension houses, and home stay operators; tourism estate management services, restaurants, shops, and department stores, sports and recreational centers, spas, facilities offering health and wellness services, museums and galleries, theme parks, convention centers, zoos, and such other enterprises as may be identified by the Department or the Board.