23 JANUARY 2016
Gearing up for a more robust hospitality industry?
Yet, in spite of the lower hotel occupancy rate, developers have firmed up their expansion plans to put up more hotels and resorts in the country. Filinvest through their company Chroma Hospitality (previously named Filarchipelago Hospitality) has big developments in the pipeline in Alabang and Cebu where they will increase their rooms from the current 1,063 to 5,000 room by 2020. The company will also be spending P2.6 billion for a 228-room Canvas Hotel in Cubao and a 185-room /Serulyan Condotel in Mactan, both of which will open between 2018-2019.Read more
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