Fontana Resort, once a vibrant and popular destination in the Philippines, has faced a series of challenges in recent years that have left it struggling to maintain its position as a premier vacation spot. This article will delve into what happened to Fontana Resort and explore the factors that led to its decline.
The Rise of Fontana Resort
Fontana Resort was built in the mid-1990s as a luxurious getaway for residents of the nearby cities of Angeles and San Fernando. The resort boasted world-class amenities such as an Olympic-sized swimming pool, a golf course, and numerous restaurants.
At its peak in the early 2000s, Fontana was one of the most popular resorts in the Philippines, attracting both local and international tourists. Its location near Mount Pinatubo made it an ideal destination for adventure-seekers looking to explore the volcano’s stunning landscape.
The Decline Begins
However, in 2006, Fontana’s fortunes started to take a turn for the worse. That year, a group of Chinese investors purchased the resort for over $300 million with plans to transform it into a world-class gaming and entertainment complex.
The new owners immediately began construction on several high-rise buildings within the resort grounds. However, these projects were met with opposition from local residents who feared that they would ruin the natural beauty of the area.
In addition to these concerns, allegations of illegal gambling activities at Fontana began to surface. These reports led to increased scrutiny from both local authorities and international organizations such as Interpol.
The Fallout
As a result of these issues, Fontana’s reputation suffered greatly. Many tourists began to avoid the resort altogether due to concerns about safety and legality.
In 2016, after years of legal battles with local authorities over alleged tax evasion and other charges related to illegal gambling operations on site, Fontana was forced to close its casino. This dealt a severe blow to the resort’s finances, as gambling had been one of its primary sources of revenue.
The Future of Fontana
Today, Fontana Resort remains open, but it has struggled to regain its former glory. The high-rise buildings constructed by the Chinese investors have remained unfinished, and the resort’s facilities have fallen into disrepair.
Despite these challenges, there is still hope for Fontana’s future. The resort has recently undergone a change in ownership, and the new owners have expressed their commitment to revitalizing the property and restoring it to its former glory.
In conclusion, Fontana Resort’s decline can be attributed to a number of factors including illegal gambling operations, disputes with local residents over development projects, and allegations of tax evasion. While the future remains uncertain for this once-thriving destination, many believe that with proper investment and management, Fontana can once again become a top vacation spot in the Philippines.