Hotels and airlines incur losses but netizens applaud APEC hosting

While the Philippine government spent billions of pesos to host the year-long Asia-Pacific Economic Cooperation (APEC) meetings, local airlines suffered losses from cancelled flights from November 16 to 19 this year. Select hotels in Metro Manila were on lockdown while they served as temporary residences of the APEC economic leaders and delegates. Communications Secretary Sonny Coloma Jr said the government spent around P10 billion ($212 million) for facilities, preparatory events, and APEC meetings that started in January. But despite the losses, netizens say the Philippines rose to the challenge of hosting world leaders of 21 member-economies.

Read more on Social Media reaction to APEC hosting.

Read more on losses hotels and airlines incurred.