Fast-growing Cebu is on track to becoming one of Southeast Asia’s top information and communications technology destinations. InterContinental Hotels Group has announced the signing of a new Holiday Inn with The Erawan Group — the first in the Philippines’ oldest city. Set to open at the end of 2020, the new-build, 180-room Holiday Inn Cebu City will be situated at Samar Loop in the heart of the Cebu Business Park, making it a convenient accommodation choice for international and regional business travellers. Alongside multinational companies ranging from business process outsourcing to industries, the business park houses local and foreign financial institutions, as well as its lifestyle and leisure centrepiece— the 9-hectare Ayala Center Cebu shopping mall, which draws 60,000 visitors daily. Commenting on this landmark signing, Rajit Sukumaran, Chief Development Officer EMEAA, IHG said: “Cebu has enjoyed steady economic growth in recent years, thanks in part to its strong port facilities and excellent geographic location which have made it especially popular amongst multinational businesses. With the upcoming completion of the Mactan-Cebu International Airport — the second busiest airport in the Philippines — later this year, we are expecting a further increase in visitors, including those travelling on business.”
“As part of our strategic expansion across this region, we believe that Holiday Inn Cebu City will be well-poised to meet the rising demand for reliable, internationally branded accommodation in this market. Holiday Inn is our most recognised brand and the largest midscale brand internationally; we are excited to introduce this offering to Cebu City, to cater to the needs of our guests with a consistent and welcoming experience.”
The developer, The Erawan Group Public Company limited, is well-established with 52 other hotels operating across Thailand and South-East Asia, including Holiday Inn Pattaya, a flagship Holiday Inn hotel in South East Asia.
Petch Krainukul, President, The Erawan Group Public Company Limited added: “With its strong track record in world-class hospitality offerings, we are delighted to work once again with our trusted partner IHG to bring the first Holiday Inn hotel to Cebu City. We are confident that the hotel’s much-loved brand offerings, coupled with its excellent location, will be a hit amongst travellers seeking comfortable and reliable accommodation when we open our doors in 2020. We strongly believe that this hotel will be one of the key driver for the future growth for ERAWAN.”