Image via WikipediaRobinsons Land Corp. is set to build a 200-room deluxe seafront hotel in Mactan, Cebu, raising its stake in tourism in the country’s biggest commercial hub outside Metro Manila.
During Friday’s listing on the Philippine Stock Exchange of P13.65 billion worth of shares recently sold through a stock rights offering, RLC president Frederick Go told reporters that the new hotel would be called “Summit Shores” and would cater to both leisure and convention tourism.
The new hotel is in the planning stage and construction can start this year. It will occupy two hectares out of RLC’s five-hectare leisure estate development Amisa in Mactan along the same row as the plush Shangri-La and Movenpick Resort & Spa (formerly Hilton).
The upcoming hotel would be finished in two years, Go said. It would offer hotel rooms for $100 to $120 a night and would be more of a sprawling type of hotel-resort with a large convention facility than a high-rise development, Go said.
The Mactan hotel will be the fifth among RLC’s portfolio of deluxe hotels and the second in Cebu after an earlier hotel in Cebu City formerly called Cebu City Midtown Hotel. The group also owns the Galleria and Crown Plaza hotel properties in the Ortigas central business district and Summit Ridge in Tagaytay.
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