A Multi Sectoral Perspective on Economic Relevance of Beach Resorts in Cebu, Philippines
Mary Ann D. Mabini-Consigny, DBA; Judy Ann Ong Ferrater-Gimena, DBA; Jonathan O. Etcuban, PhD; Yolanda C. Sayson, EdD

Abstract
People need a clear, compelling vision of an equitable, sustainable economy that brings a high quality of life for everyone, a dynamic economy of the people, by the people and for the people. The study determined the economic relevance of beach resorts operating in Moalboal, Cebu, Philippines based on the perception of the various sectors in the community. The results served to improve and sustain the economic growth and development of the community. It applied the quantitative method using a researcher-made questionnaire. The respondents were the resort staffs that were chosen for random purposive sampling. The results indicate that most of the beach resorts had paid substantial amount taxes towards the local government as their contribution to local economic development (LED) where its operations improved the socio-economic lives of the people in the community. It suggests that government could legislate an ordinance that prioritized the residents for job opportunities as well as strengthen their corporate social responsibility.

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