Megaworld Corp. to build 2,000 hotel rooms in Cebu

May 8, 2014

 

Megaworld Corporation will be developing a total of five (5) luxury hotels that will rise in the next few years in a 28.8-hectare township Mactan Newtown located in in Lapu-Lapu City

In a press statement issued on Thursday, May 8th, Megaworld said it will spend Php8-billion to build the 2,000 rooms hotels. Amongst the first two will be built along Newtown Boulevard within five years, these are the Mactan Belmont Luxury Hotel and the Savoy Hotel Mactan Newtown, both of which will be operated by Prestige Hotels and Resorts Inc.

There will be also be two seaside hotels to be built in the area that was formerly Portofino Beach Resort. The said location will bebefit the hotel guest through its relaxing views of the Hilutungan Channel and Olango Island, which are best known for its bird sanctuaries in the mangrove forests.

The fifth one is a world-class luxury hotel of international brand is also expected to rise in the queen city of the south.

“With the influx of more tourists to Mactan Island year after year, we hope to be able to offer more exciting facilities that will help further boost tourism in the region,” Carmen Fernando, managing director of Prestige Hotels and Resorts, said. “Aside from local tourists, we hope to cater to foreign guests and visitors to The Mactan Newtown as well.”

Andrew Tan-led Megaworld Corporation will also build a three-level lifestyle mall, which will be known as the Plaza Magellan, with an entrance plaza facing the famous Lapu Lapu Shrine, the site where the historical Battle of Mactan between Lapu Lapu and Ferdinand Magellan happened on April 27, 1521.

The plaza’s main feature will be a life-sized Spanish Galleon Victoria, a replica of the first vessel that circumnavigated the globe used by Magellan and his colleagues.

Plaza Magellan will also feature a museum dedicated to the life of Portuguese explorer – Magellan, at it will integrate Portuguese and Spanish artchitecture influences.

At the main entrance of Mactan Newtown, Megaworld will also build the Hawkers’ Gazebo, a covered food strip similar to the famous hawkers of Singapore.

As for now, the township has a total of 10 luxury condominium towers under the development: four towers for 8 Newtown Boulevard which is expected to be completed by first half of 2015; three towers for One Pacific Residence; and three towers for One Manchester Place.

By 2016, Megaworld is expected to open the Newtown School of Excellence, a state-of-the-art educational institution that will be supervised by the Lasallian Schools Supervision Office.

Megaworld will be seeding P30-billion to develop The Mactan Newtown in the next five to seven years.

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Source: http://www.centriotimes.com/2014/05/megaworld-corp-to-build-2000-hotel.html