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Accommodations

Cost of doing business

as of July
2002

Sector Rate (Php) Rate (US$)
HOTELS (room per night)
::: Single Standard 350.00 – 800.00 7.00 – 16.00
::: Single DeLuxe 500.00 – 900.00 10.00 – 18.00
::: Single First Class 1,150.00 23.00
::: Double Standard 550.00 – 850.00 11.00 – 17.00
::: Double DeLuxe 560.00 – 960.00 11.20 – 19.20
::: Double First Class 1,350.00 27.00
::: Junior Suite / Executive Twin 1,200.00 – 2,480.00 24.00 – 49.60
::: Executive Suite 1,200.00 – 2,800.00 24.00 – 56.00
::: Presidential Suite 3,500.00 70.00
::: Family 1,800.00 – 3,000.00 36.00 – 60.00
RESORTS (room per night)
::: Cottage with 2 rooms 1,800.00 – 2,000.00 36.00 – 40.00
::: Cottage with 3 rooms 2,000.00 – 2,500.00 40.00 – 50.00
::: Ordianary rooms 800.00 – 1,000.00 16.00 – 20.00
::: Air-conditoned rooms 2,500.00 – 3,000.00 50.00 – 60.0
::: Dorm type rooms 2,500.00 – 4,500.00 50.00 – 90.00
INNS, APARTELLES, PENSION HOUSES (room
per night)
::: Single or Double 150.00 – 550.00 3.00 – 11.00
HOUSE AND APARTMENT RENTAL (average
monthly)
::: Unfurnished 3,000.00 – 5,000.00 60.00 – 100.00
::: Furnished 12,000.00 – 15,000.00 240.00 – 300.00
OFFICE/COMMERCIAL SPACE RENTAL (Per
Square Meter/ month)
::: CBD-I Commercial 250.00 – 400.00 5.00 – 8.00
::: Other Commercial outside CBD-I 200.00 – _____ 5.20 – _____

Conversion rate 1US$ = Php 50.00
*Rates posted here are based on quotations published by the respective
agencies. These may vary and change without prior notice depending on
company requirements.