S. Korean Hotel Chain To Expand in Cebu
Cebu has been the most preferred tourist destination in the Philippines for many years, especially for East Asian travellers. In past years, Japanese tourists dominated the number of foreign visitors to Cebu until two years ago when Korean tourists overtook them and have taken the position ever since.
Cebu, as a tourist destination, has been growing at a faster rate than any other places in the country that resulted to accommodation shortage in recent years prompting the Department of Tourism (DOT) 7 to encourage local and forein investors to build more hotels and related facilities to accommodate the growing tourist arrivals in the province.
Some of the foreign investors who are now taking heed of the agency’s call are mostly Korean businessmen. The most recent Korean investor to enter the hotel industry is the Imperial Palace Hotel chain. The Seoul-based hotel chain will sign a deal to build a hotel in the Philippines, particularly in Mactan Island, becoming the first South Korean hotel chain to branch out overseas.
The Imperial Palace Hotel is the latest addition to Korean-owned hotel and residential investments in Cebu in less than a year. The other projects include a five-star resort hotel and condominium complex in Marigondon, (also in Mactan) and a high-rise condomium project at Cebu Business Park.
The agreement, to be signed today with Manila’s BXT Corp., calls for the construction of a 15-story 668-room hotel on Mactan Island in the central part of the Philippines by October next year.
March 29th, 2006 at 6:33 am
I just wanna clarify if that Korean 7 tower condotel that will be built in Marigondon Lapu Lapu City is different from this project coz in other reports, the 7 condotel 7 towers to be built in Marigonon is “the Imperial polis” while this new S Korean hotel to be built is “the Imperial Palace Hotel chain”… Both have Imperial and I’m doubtful if these projects is only 1.
March 29th, 2006 at 8:59 am
thanks slerz for reading the blog.
at first i thought the two hotel projects are just one and the same. but if you try to read through the first article and this article, there’s something between them that would give us a clue that they are two different projects, although it’s still possible.
the most notable of which is that in the first article “Koreans Push Through Five-Star Resort Hotel Project,” if you notice, the investors are negotiating with international hotel chains such as marriott, intercon, and sheraton to manage the hotel.
in this article, it stated clearly that it is a korean hotel chain, specifically the imperial palace hotel in seoul, that is planning to build a hotel, quite incidentally, also in marigondon, as its first branch overseas.
if it were the branch of imperial palace hotel of korea which is a proprietary name, then why negotiate with other competitors to manage their own property?
do you think shangri-la hotel will negotiate with hilton hotel to manage its hotel property once it opens in boracay this year?
but there seems to be one major common denominator between them that would convince us that these projects are just one and the same: both hotel projects have 668 rooms.
that is something we will find out once either of these projects start construction.
pls check out this blog daily for any update of these projects and cebu development in general.
March 30th, 2006 at 2:00 pm
ah ok, I hope that these are two different projects coz during it’s signing the other day of the IMperial Palace Hotel, in any news article it didn’t mention 7 tower condotel but only 15 storey hotel and also since then that 7 tower Korean project didn’t mention 15story hotel in any of news articles and if they’ve decided to change their plans from 7 tower to a 15 storey hotel, they shoud have stated it but they didn’t. anyway thanks for the reply.
I posted your reply in our forum discussion in SSC (Slyscrapercity). I hope you can also join us in our Cebu thread if you haven’t yet. Thanks
http://skyscrapercity.com/showthread.php?t=329245&page=1&pp=20
http://skyscrapercity.com/showthread.php?t=331437&page=1
March 31st, 2006 at 9:21 am
thanks for the invitation to ur forum site. it was also interesting to know that u guys track cebu’s changing skyline. i hope we can get each other’s valuable information about cebu. u can actually post nice articles about cebu such as recent developments of this island in this blog site. just register and we’ll send u the password.
thanks slerz. pls visit again soon.
April 1st, 2006 at 12:43 am
how about Cebu’s pictures? and how could I register?
April 3rd, 2006 at 4:52 pm
Yes, u can post Cebu pix at our community photo blog at http://www.ngkhai.net/cebupics. It is a collection of nice and beautiful photos exclusively about Cebu. The photos should have at least a screen resolution of 1024 x 768. You can post pictures about nature, urban landscape, buildings or infrastructures, people and events, famous and important Cebuanos, etc. Pls visit the blog site so that u can get an idea on what to post.
You can register in this site by providing us ur username and ur email address and we will send u the password u use to log in before u can post anything. same with this blog site.
thanks for ur interest. we’re looking forward to ur article on this site and ur pix on the photo blog.
July 24th, 2006 at 8:36 am
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December 4th, 2006 at 5:55 pm
i know this is off topic. But i would like to know if there are some korean filipino magazines or newspaper publication there in cebu? If there are, what are those?
May 19th, 2007 at 3:15 pm
To whom it may concern,
I am a hotelier for almost 15 years and my profession is a Food and Beverage Cost Controller. I would just like to inquire for the job opening so that I could send my resume early as possible.
Yopu can contact to my email ad or to my mobile phone 09154069537. Any website ti view please.
Thank you very mach.
joe
October 24th, 2007 at 9:13 pm
We sell building lot in BAGUIO CITY.The building specification: 8 floor , 12 function rooms, and good for business site along the highway and near the universities just contact us in email dfgraphix@gmail.com. Thank you…
April 10th, 2008 at 5:23 pm
I just want to ask if the hotel is now operating? and if need a korean translator? I just wanted to apply and be help koreans to show how beautifull cebu is. Thanks and god bless!
May 6th, 2008 at 10:45 am
may i have the honor to ask for any position that suit my qualification….
please tell me if you have any vacant position
June 23rd, 2008 at 11:28 am
whats your available position that suits my background.. Im an HRM graduate from the University of San Carlos….. pls.. reply..
July 3rd, 2008 at 8:01 pm
i would like to know where i can post my resume..
September 13th, 2008 at 2:28 pm
does anyone know when and where the hiring gonna took place…A lot of hotelier were very eager to apply. please keep us posted here. thanks a lot.