DISCOVERY WORLD CORPORATION (DWC) is a professionally managed company that develops, operates, and manages some of the most sought-after luxury destinations and premier real estate townships in the Philippines.  The Company was incorporated and registered with the Securities and Exchange Commission on January 5, 1993, as Southern Visayas Property Holdings, Inc., and on March 21, 2013, the SEC approved the change of the Company's name to Discovery World Corporation. It does business under the names and styles of Discovery Boracay, Forno Osteria, Indigo Restaurant, Sands Restaurant, Sand Bar, Bogart's Bar, 360 Roof Lounge, Terra Spa, and One Azul.

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DWC was listed and traded on the Philippine Stock Exchange on November 21, 2013.

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​The Company’s primary purpose is to develop, invest in, own, acquire, administer, construct, and operate hotels, resorts, apartelles, condominiums, townhouses, buildings, other tourist-related structures, and their usual facilities, including the operation of transportation or shuttle services for tourists in all its various forms by means of automobiles, motor cars, buses, trucks, cruise lines, yachts, boats, luxury vessels, leisure and sports crafts, and other similar modes of transportation and conveyances of every kind and description as allowed by law.

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Discovery World Corporation’s first and flagship project is Discovery Boracay (formerly known as Discovery Shores Boracay), a 99-suite world-class luxury resort hotel located in Station 1 of the island of Boracay. Launched in 2007 with 88 suites, the resort expanded with its premier wing, “Signature Suites,” adding 11 ultra-luxurious accommodations. The property continues to dominate global hospitality rankings, with its recent accolades including being named one of the Best Hotels in the Philippines by the DestinAsian Readers' Choice Awards 2025 and earning a spot on Travel + Leisure’s prestigious Top 500 Hotels list. Discovery Boracay also celebrated a monumental multi-category sweep at the Haute Grandeur Global Excellence Awards, securing titles for Best Honeymoon Hotel in Asia, Best Beach Resort in the Philippines, Best Family Resort in the Philippines, and Best Luxury Resort in the Philippines. To further capitalize on the high-value MICE and social events sector, the resort officially opened its new Andros function room in June 2025.

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The company also owns and operates Discovery Coron (formerly known as Club Paradise Palawan), a 74-key luxury private island resort on Dimakya Island, Coron, Palawan, following DWC’s acquisition of Euro-Pacific Resorts, Inc. Discovery Coron maintains an "AA" resort accreditation rating from the Department of Tourism and has been globally celebrated as a benchmark for sustainable tourism. Recent milestones include receiving the Filipino Brand of Service Excellence Award from the Department of Tourism and the internationally acclaimed Good Travel Seal from Green Destinations. At the Travel + Leisure Luxury Awards Asia Pacific 2025, it was recognized among the Best Beach, Island, and Upcountry Resorts in the Philippines, with its Hotel General Manager honored as the Top 1 General Manager in the Philippines. The property also won top honors at the Haute Grandeur Global Excellence Awards as the Best Dive Resort in Asia, Best Destination Resort in the Philippines, Best Eco-Friendly Hotel in the Philippines, and Best Island Resort in the Philippines. Supporting its long-term premiumization strategy, the resort celebrated the soft opening of its ultra-exclusive Nature Villas, expanding its inventory of luxury offerings. 

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In the retail and boutique hospitality space, the company operates through its fully-owned subsidiary, Cay Islands Corporation, which manages the 5-hectare Shoppes at Vanilla Beach development in El Nido, Palawan, featuring around 5,000 sqm of prime, beachfront leasable space for lifestyle shops and dining. Capitalizing on the emerging millennial and adventurous travel markets, DWC is rolling out its dual hotel-and-hostel hybrid brand, Kip & Kin. Construction officially restarted on Kip & Kin El Nido in March 2026 with an 18-month target to full completion. Expanding this footprint, DWC’s wholly owned subsidiary, Lucky Cloud 9 Resort, Inc., is actively developing Kip & Kin Siargao following its groundbreaking in January 2025, bringing DWC's signature style to the country's surfing capital.

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Through another subsidiary, Discovery Fleet Corporation, DWC operates Club Paradise Divers. Following the transition from historical liveaboard operations, the company expanded the dive footprint from Coron into Vanilla Beach El Nido in June 2025, strengthening DWC's presence in a premium niche tourism segment where Palawan enjoys a distinct competitive advantage.

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DWC also owns Discovery Hospitality Corporation (DHC), the acclaimed homegrown management company that drives the operational excellence behind the group's diverse and growing portfolio, including Discovery Boracay, Discovery Coron, Discovery Primea Makati, Discovery Suites Ortigas, Manami Resort, Discovery Samal, and the upcoming Kip & Kin properties.

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The company continues to aggressively expand its business footprint across prime real estate and tourist hubs nationwide through its other 100%-owned subsidiaries: Sonoran Corporation, Palawan Cove Corporation, Long Beach Property Holdings, Inc. (overseeing a 3.8-hectare pipeline in San Vicente, Palawan), Lucky Cloud 9 Resort Inc., and Balay Holdings Inc.

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In line with its strategic diversification into upscale horizontal real estate, DWC's wholly-owned subsidiary, Discovery Properties, Inc. (formerly One Davao Townships Corporation), is actively developing Elize Point. Situated in Shrine Hills, Matina, Davao City, this exclusive 62-lot master-planned residential development stands as Davao’s premier ultra-luxury nature estate, addressing the growing demand for premium lifestyle communities and generating long-term asset value.

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Furthering the group's commitment to modern infrastructure, infrastructure-backed asset building, and environmental sustainability, Viper Energy Corporation (formerly Viper Holdings Corporation) serves as a vital diversification arm for the group. In addition to deploying solar and alternative renewable energy assets across DWC's commercial portfolio, Viper Energy Corporation expanded its strategic reach on June 18, 2026, by acquiring a 59% equity interest in Katharo Water Solutions Inc. (KWSI), a Philippine-based pioneer in water and wastewater infrastructure engineering, construction, and Build-Own-Operate solutions.