Boracay Island and its beaches have received awards from numerous travel publications and agencies. The island comprises the barangays of Manoc-Manoc, Balabag, and Yapak in the municipality of Malay, in Aklan Province. The island is administered by the Philippine Tourism Authority and the provincial government of Aklan. Apart from its white sand beaches, Boracay is also famous for being one of the world’s top destinations for relaxation. It is also emerging among the top destinations for tranquility and nightlife.
In 2012, Boracay was awarded as the best island in the world from the international travel magazine Travel + Leisure.
Partly because of its wind and weather patterns, tourism in Boracay is at its peak during the amihan season. During amihan, the prevailing wind blows from the east. Boracay’s main tourism area, White Beach, is on the western side of the island and is sheltered from the wind. During the Amihan season, the water off White Beach is often glassy-smooth. On the eastern side of the island, hills on the northern and southern ends of the island channel the Amihan season wind from the east onshore, onto Bulabog Beach in the central part of the island’s eastern side. This makes the reef-protected waters off that beach ideal for windsurfing and kiteboarding / kitesurfing.
In June 2011, it was reported that Megaworld Corporation, a real estate development group led by Andrew Tan had earmarked PHP 20 billion to develop tourism estates “featuring an integrated, master-planned layout and world-class resort offerings and amenities” in Boracay and Cavite. The planned Boracay project, Boracay Newcoast, involves four hotels with 1,500 rooms, a plaza and entertainment center.