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Conventions drive Davao City’s tourism

By PED T. QUIAMJOT

More than 5000 participants have registered for the Actuarial Society of the Philippines national convention which reels off this Wednesday, November 20 to 23, 2013 at the SMX Convention Center in Davao City.

The confab further cemented Davao’s hold as the number one convention destination in the country today which just recently hosted the PICE national convention last November 7-9, 2013.

Actuarial which is a science in economics and statistics that formulate policies from data and best practices determines pay back growth of risk investments.

It is a business tool employed by policy makers in the government and the private sector as they attract capital for placements in securities, risk coverage or money market brokerage. Lines up activities at the conference proper are the high impact lectures and economic analysis by the invited speakers and guests from the investments and insurance sectors.

The series of conventions this year have recently shot up hotel occupancy statistics in Davao City to an unprecedented city wide growth of an average 98% surpassing other regions in the Philippines.