Savoy Hotel, the newest hotel brand of Megaworld is coming to Cebu.
The company is soon constructing another Savoy Hotel, in its 20-hectare The Mactan Newtown in Lapu-Lapu City, Cebu. Located near the beach, Savoy Hotel Mactan Newtown will be 18 storeys high with 547 rooms and is set to open in 2018.
Meanwhile, coming earlier is Savoy Hotel in Boracay Newcoast which is set to open by the end of this year.
The 530-room Savoy Hotel Boracay will be a first-class resort hotel to rise in the 150-hectare tourism township in the eastern part of the island. The P2.2-billion hotel will feature the country’s first concert pool arena, overlooking the refreshing views of Sibuyan Sea.
“Megaworld is spending P5-billion to build the three Savoy Hotels in Boracay, Cebu and Manila. Part of our goal is to make this hotel brand visible in our other townships across the country,” reveals Jericho Go, senior vice president, Megaworld.
As it launches Savoy Hotel, Megaworld has also allocated an additional P3.5-billion to expand its Belmont Hotel brand. At present, the first Belmont Hotel operates in Newport City, offering 480 rooms and featuring first class amenities such as podium gardens, 24-hour fitness center and workout area, a penthouse pool bar and Café Belmont.
By 2018, Belmont Hotel will also open in Boracay Newcoast with 407 rooms to join the one in The Mactan Newtown in Cebu with 550 rooms a year after.
“Our rapid expansion of our very own hotel brands is an indication of Megaworld’s diversification as a real estate company, and at the same time, our commitment to support the country’s tourism industry,” says Jericho Go, senior vice president, Megaworld.