A P2-billion hotel equipped with ecology-friendly feature of negative ion air system, the first in the world, will soon rise in the business district of Makati City.
Hotel H20 President Lim Chee Yong signed the partnership memorandum with Worldhotels for the construction of a 40-story room and five-star Worldhotel and Residences on Kalayaan Avenue, Makati.
The agreement signed on Thursday at the Hotel H20 in Manila covers a 10-year full license agreement on sales and marketing.
Lim said his latest investment is expected to increase tourist arrivals, particularly coming from rich Asian capitals like China, Japan and South Korea.
He said the Worldhotel, to become operational by mid-2013, will be a leisure hotel for business travelers but also will serve as a transient point for inbound tourists who will go to island destinations such as Boracay, Coron and Cebu.
Lim said the Philippines is lacking in hotel infrastructure despite the liquidity in the market.
He lamented that the country’s hotel occupancy rate is 30 percent below of the hotel-room capacity in Bali, Indonesia.
The Worldhotel and Residences is the first in the world that is equipped with Negative ion, natural air system that provides healthy environment for guests.
Negative ion, developed in Japan, protect from free radicals that improves blood circulation. Positive ion usually attracts bacteria and all unhealthy elements.
The installation of negative ion costs 10 percent of the total investment costs that reached P2 billion.
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