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Business

RLC putting up deluxe hotel in Tacloban

The Philippine Star

MANILA, Philippines -  Robinsons Land Corp. (RLC) of the Gokongwei family is investing P500 million to put up a five-star Summit Hotel in Tacloban City, Leyte.

The Board of Investments (BOI) said it recently approved the project’s application for incentives after it complied as a tourism project under the 2017 Investment Priorities Plan.

Summit Hotel Tacloban is located within the Robinsons Place Complex in Tacloban City.

The 138-room hotel has a floor area of around 9,000 square meters and will have a food and beverage outlet, outdoor swimming pool, grand ballroom and meeting rooms and other support facilities.

Commercial operations will commence in April next year.

The project is the fifth Summit hotel in the country and RLC’s 12th BOI-registered hotel project.

RLC is the property arm of Gokongwei-owned JG Summit Holdings Inc., one of the top conglomerates in the country with interests in real estate and hotels, food and beverage, air transportation, banking, petrochemicals, and core investments in telecommunications and power distribution.

The BOI said the project is expected to further boost local tourism in the Typhoon Yolanda-stricken area.

“This will serve as a significant boost to the recovery efforts in the region, beefing up local tourism, further pushing economic growth, and providing more livelihood and employment opportunities to the people within the area,” BOI managing head Ceferino Rodolfo said.

Rodolfo said the agency has been implementing a number of initiatives to fasttrack the socio-economic rehabilitation and re-development of the areas devastated by the super typhoon in 2013.

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