Metro Manila (CNN Philippines, January 13) — Property giant Megaworld Corp., owned by tycoon Andrew Tan, is positioning itself in the booming tourism industry in the town of San Vicente, touted as Palawan’s rising tourism gem, as it builds its first hotel in the province.
The company bared Thursday its plan to construct the 10-storey Savoy Palawan, with the hotel’s opening eyed by 2028.
With 306 guest rooms and suites, Megaworld seeks to complement the increasing demand for accommodation facilities in the town.
“As we continue to tap on the rising opportunities in Philippine tourism, we also hope to meet the demand for accommodations in San Vicente, which is known to have the longest beach line in the entire country,” Megaworld Hotels and Resorts managing director Cleofe Albiso said in a statement.
Savoy Palawan is designed to have a swimming pool with a separate kiddie pool, and a pool deck at the third level of the hotel.
It will also have its own ballroom and smaller function rooms, fitness center, spa with wet and dry sauna, and a kid’s club.
This marks the group’s fourth Savoy Hotel and 17th hotel property launched by Megaworld Hotels and Resorts, according to Albiso.
Out of the 17 properties, 12 hotels are operational including Richmonde Hotel Ortigas, Eastwood Richmonde Hotel, Richmonde Hotel Iloilo, Savoy Hotel Newport, Savoy Hotel Boracay, Savoy Hotel Mactan Newtown, Belmont Hotel Manila, Belmont Hotel Boracay, Belmont Hotel Mactan, Kingsford Hotel Manila, Twin Lakes Hotel in Tagaytay, and Hotel Lucky Chinatown in Binondo, Manila.
