Robinsons Land Corp. (RLC) is spending P6 billion to put up 30 budget hotels in the Philippines in four to five years as it rides on the tourism boom.
Lance Y. Gokongwei, president and chief operating officer of JG Summit Holdings, said the company targets to have six Go Hotels this year, including the first hotel opened in 2010 on EDSA corner Pioneer street. RLC opened a Go Hotel in Puerta Princesa recently.
Each Go Hotel would require an investment of P200 million, according to Gokongwei.
Gokongwei, one of the private sector reactors at the Philippine Economic Briefing yesterday, said tourism, along with infrastructure, are major growth drivers this year and that JG Summit’s most recent initiatives are geared towards these sectors.
Cebu Pacific Air is taking delivery of 30 units of Airbus 320neo aircraft beginning in 2017 and eight Airbus 330s from July 2013 that will enable it to launch long-haul flights.
The first Go Hotel is a 223-room establishment at Robinsons Cybergate. The Puerto Princesa hotel has 108 rooms.
As with Go Hotel Manila’s convenient set-up, the Puerto Princesa branch is located near major terminals along North road, Barangay San Manuel.
Apart from Puerto Princesa, Go Hotels will open in Dumaguete, Tacloban and Bacolod in the first half of 2012, bringing the total number to five hotels and 639 rooms under the RLC banner.
Go Hotel is the fifth hotel property of RLC in addition to the 285-room Crowne Plaza Galleria Manila, 263-room Holiday Inn Galleria Manila, the 210-room Cebu Midtown Hotel and the 108-room Summit Ridge Hotel Tagaytay.
______________________________________________________________
