A group of millennials has invested P20 million to put up a floating playground off the coast of Subic Bay in Zambales as the group sees "adult playgrounds" as the next big thing to hit the leisure industry.
Adult playgrounds are "very in these days for millennials" who are very willing to spend to gain a certain experience, 27-year-old Regine Tecson, part-owner of Inflatable Island, told ABS-CBN News.
"My partners are also the founders of Ball Pit Manila. Nag-leverage lang kami sa idea na yun since it's very in these days for millennials," Tecson added.
Inflatable Island was put by five people, aged between 27 and 30 years old, who wanted to invest in something they can also enjoy.
"It's something that we want also... We're into travelling din, going to the beach so (we thought) why not do something else in the beach?" Tecson said.
The 3,400-square-meter project was conceptualized in December 2016 and was opened to the public after four months.
After Inflatable Island's opening last April 1, its owners are already looking into inflating more China-made floating playgrounds in Visayas and Mindanao.
"We're planning to expand, so Visayas and Mindanao, wait lang, we're coming as soon as possible, as soon as makita na namin na stable na ito," she said.
Tecson said the group sees nothing wrong with expanding even though investments have yet to be recouped.
"That's what's exciting about being a young entrepreneur. You can explore ideas, it's never too late... Strike while the iron is hot."