Dusit Signs Hotel in Cebu, Philippines

Dusit has signed a deal with Cebu-based developer Grand Land, Inc. (GLI), to bring a Dusit Princess hotel to the popular tourist destination of Cebu in the south of the Philippines.

Located in the upbeat side of the North Reclamation area of Metro Cebu, the high-rise Dusit Princess Cebu, scheduled to open in 2018, will offer 295 guest rooms with views of the city and the ocean.

The hotel will feature restaurants, meeting rooms, a gym, and swimming pools. Part of a mixed-use development, there will also be a number of retail outlets, offices, and apartments complementing the hotel.

Ryan Bernard Go, President of Grand Land, Inc., expressed confidence that the company will be able to start the construction of the project this year.

“This is one of the key projects we have in Cebu,” Go said, noting that the firm has decided to venture into the hotel-apartment business because it sees the need for Cebu tourism to have more branded hotels. “We want to expand the tourism industry so we hope to develop hotels and resorts, north or south of Cebu. The partnership with Dusit International may extend to more GLI hotel projects. For this project, there will be units in the integrated development to be sold to individual investors while office spaces will be made available for purchase.”