DISCOVERY WORLD CORPORATION (DWC) is a professionally managed company that develops, operates,and manages some of the most sought after luxury destinations 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 doing the business under the names and styles of Discovery Shores Boracay, Discovery Shores, Platitos Resto-Bar, Sands Lounge, Indigo Resto-Bar and Sunken Pool Bar. Its 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 but not limited to, 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, luxury vessels, leisure and sports crafts, and other similar modes of transportation and conveyances of every kind and description as may be allowed by law. Discovery World Corporation boasts of Discovery Shores Boracay, its first project that has been dubbed as one of the top resorts and No. 1 hotel Spa in Asia, listed among Travel & Leisure's World Best Hotels consistently for three years. It holds distiction of being the first Philippine resort included in the exclusive Small Luxury Hotels of the World (slh.com) collection. The Company had acquired 100% stake in Euro-Pacific Resorts, Inc., the Company that owns and operates Club Paradise in Dimakya Island, Coron, Palawan. Club Paradise enjoys an "AA" resort accreditation rating from the Department of Tourism. It received the Kalakbay Resort of the year (AA Category) award in 2001 and 2003 from the same agency. The company continues to expand its business in key tourist destinations within the country through its fully owned subsidiaries - Euro-Pacific Resorts, Inc., Sonoran Corporation, Palawan Cove Corporation, Cay Islands Corporation, Long Beach Property Holdings,Inc., and Discovery Fleet Corporation.