News

City of Dreams switches on solar rooftop panels to supply 20% of its need

City of Dreams (CoD) Manila, the country’s first integrated resort to harness solar energy, on Monday switched on its 1.2-megawatt (MW) solar rooftop panels installed by a subsidiary of the Manila Electric Co. (Meralco). There are 3,120 solar PV panels installed on a 6,436-square, meter area across two buildings. The P76-million solar project can generate power of up to 1,730 megawatt hou...

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Billionaire ramps up expansion of wellness resort in Batangas

LUXURY medical wellness resort The Farm at San Benito is constructing residential and retirement facilities on its 48-hectare property over the next three years. CG Hospitality Holdings Chairman Binod K. Chaudhary, a Nepalese tycoon who acquired The Farm on October 2018, is ramping up expansion of the resort and spa in Lipa, Batangas. “By end of 2020, our total inventory will be at lea...

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New facilities ready at Lubi Plantation Resort

THE LUBI Plantation Resort, one of the joint ventures of Torre Lorenzo Development Corp. and Dusit International in Davao, has opened additional facilities as it officially received on Dec. 1 its Dusit Thani mark, the Thai hotel group’s high-end and full-service brand. “We are officially launching the new brand, Dusit Thani at Lubi Plantation Resort… Together with the rebrand...

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Rockwell’s Mactan resort project posts ‘bullish’ sales take-up

PROPERTY developer Rockwell Land Corp. is seeing a bullish sales take-up for its P6.2 billion premier development, Aruga Resort and Residences - Mactan, in just 15 months. Weelisa Ang, sales manager at the Lopez Group company, told SunStar Cebu the project’s residential units are already 54 percent sold. “This is the first cluster. We have 276 units. We started offering it to the...

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Udenna secures $42.5M funding for Mactan project

PH RESORTS Group Holdings, the Udenna Group’s gaming arm, has obtained an advance funding of US$42.5 million from Emerald Development Holdings Ltd., an offshore entity wholly owned by its parent firm, Udenna Corp. In a stock exchange disclosure Friday, Oct. 18, 2019, the firm said the proceeds will be used to fund the ongoing construction of The Emerald Bay Resort and Casino in Mactan, Ce...

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Arson case in Boracay resort reaches stalemate

BORACAY ISLAND, Aklan -- The owner of the controversial Westcove Resort is looking for other possible legal remedies to seek justice on what he claimed as an arson case. Crisostomo Aquino, owner of Westcove, said the Office of the Provincial Prosecutor recently dismissed the arson case he filed against Rowen Aguirre, former Malay executive assistant at the Provincial Prosecutor's Office las...

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