Boulevard Holdings September Sales Up 15% YoY

Boulevard Holdings Inc. (PSE: BHI) has reported consolidated sales of PhP4,321,911.00 for the month ended September 30, 2018, up by 15% year-on-year. For the four months ended September 30, 2018, total sales of products and services reached PhP11,485,803.00, down by 51% compared with the same period last year.

The decrease in sales is mainly due to the six months closure of Boracay, Malay, Aklan for rehabilitation effective April 26, 2018, and Friday’s Holdings Inc., which owns and operates Friday’s Boracay Beach Resort is one of the companies affected by the order of the National Government. Friday’s Boracay Beach Resort is looking positively for the reopening of hotel operations and hotel facilities on the last week of October 2018.

With the reopening to local and international tourists to begin on October 26, 2018, Friday’s Boracay Resort management and staff are excited to welcome their guests on the expected successful relaunch with its continued efforts to make resort experience more enjoyable to guests around the world and to provide the best experience possible for returning and new guests.