GLOBAL hotel chain Marriott International is set to make a comeback in Cebu next year. Nearly two years after it exited its presence in Cebu hospitality industry, the American hotel group announced its partnership with Cebuano firm Prestigio Inc. to open the country’s first Fairfield by Marriott hotel in Mandaue City by the middle of next year. Prestigio is the hospitality arm of the Y...
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CEBU-BASED King Properties has topped off and completed the structural works for Meridian by Avenir, its latest high-rise development in the city. Meridian by Avenir boasts of unique amenities and services tailored for business and residential owners—naturally integrating all aspects of life and work within a single, harmonious space. The high-rise development envisions to elevate the hom...
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By Denise A. Valdez, Reporter THE ANTICIPATED P83.3-billion initial public offering (IPO) of Metro Pacific Investments Corp. (MPIC)’s hospital unit — which was supposed to be the biggest listing in the Philippine Stock Exchange to date — is delayed indefinitely from its earlier fourth-quarter schedule as the company welcomed an investor that poured P35.3 billion into...
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By James Loyola Housing and resorts developer 8990 Holdings Inc. announced the passing of its President and Chief Executive Officer Willibaldo J. Uy. In a disclosure to the Philippine Stock Exchange, 8990 said the company deeply mourns the passing of Uy and “will continue to remember and appreciate his achievements for, and contributions to, the company.” A veteran of the Phil...
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Few things feel as exciting as momentarily leaving the daily grind and packing up for a well-deserved vacation. That holiday bliss is what national developer Primeworld Land Holdings Inc. sought to capture in its flagship residential development in Mactan, Cebu. Primeworld District is a 4.5-hectare resort-style residential development with a mix of condominium towers and standalone villas, all...
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MANILA, Philippines — As property demands are highest in the central business districts, potential buyers—especially those who are after luxury—have started looking in areas a bit removed from the influx, but still highly accessible to these business centers. Shang Residences at Wack Wack in Mandaluyong City has been one of the favorite picks with over P5 billion in sal...
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