Cebu Landmasters Inc. opens first hotel outside Cebu City | ABS-CBN
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Cebu Landmasters Inc. opens first hotel outside Cebu City
Cebu Landmasters Inc. opens first hotel outside Cebu City
ABS-CBN News
Published Jun 14, 2024 06:09 PM PHT
MANILA -- Cebu Landmasters Inc. (CLI) has opened its first hotel outside Cebu City.
MANILA -- Cebu Landmasters Inc. (CLI) has opened its first hotel outside Cebu City.
The developer said it has inaugurated the P2-billion Citadines Bacolod.
The developer said it has inaugurated the P2-billion Citadines Bacolod.
The hotel has been dubbed the largest international hotel in the city.
The hotel has been dubbed the largest international hotel in the city.
The 200-room building is a project by CLI with Capitaine Inc. It has a 1000-sqm convention center with a pillarless ballroom, which can accommodate corporate gatherings and private celebrations.
The 200-room building is a project by CLI with Capitaine Inc. It has a 1000-sqm convention center with a pillarless ballroom, which can accommodate corporate gatherings and private celebrations.
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It also has a business lounge and meeting rooms for conferences, and five food and beverage outlets.
It also has a business lounge and meeting rooms for conferences, and five food and beverage outlets.
CLI Hotels and Resorts Director of Asset Mathias Bergundthal said Citadines Bacolod will be ready to accept MICE (meetings, incentives, conferences and exhibitions) starting July.
CLI Hotels and Resorts Director of Asset Mathias Bergundthal said Citadines Bacolod will be ready to accept MICE (meetings, incentives, conferences and exhibitions) starting July.
CLI Chairman and Chief Executive Officer Jose Soberano III said their hotel business saw a 37 percent revenue growth in the first quarter of 2024.
CLI Chairman and Chief Executive Officer Jose Soberano III said their hotel business saw a 37 percent revenue growth in the first quarter of 2024.
"We are expecting our hospitality business to rise as we now have over 1,700 keys in our portfolio," he said.
"We are expecting our hospitality business to rise as we now have over 1,700 keys in our portfolio," he said.
The company said it remains on track to complete 2 projects this year--Citadines Paragon Davao and Radisson Red in Mandaue City, Cebu.
The company said it remains on track to complete 2 projects this year--Citadines Paragon Davao and Radisson Red in Mandaue City, Cebu.
Cebu Landmatsers told ABS-CBN News in April that it was in "serious talks" for its first project in Luzon.
Cebu Landmatsers told ABS-CBN News in April that it was in "serious talks" for its first project in Luzon.
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