Each year Boracay Island in the Philippines host the International Dragon Boat Festival which is held on the main Boracay Beach in Station 2, directly in front of the Regency Resort. Generally the Dragon Boat Festival is held during the third week of April, and you can expect during this time to see hundreds of spectators standing along the main 2.5 mile long Boracay White Beach cheering for their favorite teams.
Many of the local Boracay Resorts will sponsor their own teams, for example in 2010 Artista Beach Villas, located on Diniwid Beach sponsored the "BumShells" a team that consisted of all Filipina's living and working on the island of Boracay.
These team members practice all year long just for the chance to race in the annual International Dragon Boat Festival here on Boracay, and it's really quite exciting. There are many local business owners who sponsor the individual teams, and it's hosted by the DOT (Philippines Department of Tourism).