FinanceNews

Sta. Lucia Land to expand hotel portfolio to 2,000 keys

Sta. Lucia Land Inc., one of the Philippines’ prominent property developers, eyes an expansion of its growing hotel portfolio to up to 2,000 rooms with the completion of at least three of its ongoing projects, according to Business Mirror.
At present, the property developer has a total of 1,600 rooms across 13 projects that include condominiums with hotel units, facilities, resorts, condotels and hotels.
New projects slated over the coming years include the Sta. Lucia Residenze Tower 3 at Cainta, Rizal, and two Sotogrande projects: one at Puerto Princesa in Palawan, and the other in Baguio. Collectively, these projects will add at least 400 rooms for the company’s hotel portfolio.
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“We hope to be a major player in the tourism growth story, as the Philippines now inches closer to its goal of hitting 10 million international arrivals by 2022. After all, we recognize the value in these numbers—with the influx of tourists comes the growth of homegrown shops and restaurants, tourism destinations, and other livelihood related to travel and, consequently, more jobs, increased incomes and better quality of life for more Filipinos,” said Sta. Lucia President Exequiel Robles, in a report from Business Mirror.
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At present, the company’s locations all over the Philippines include Quezon City where SotoGrande at Neopolitan and SotoGrande Katipunan are situated; East Bel-Air’s Stradella; Subic, Zambales’ Club Morocco; Laurel, Batangas’ Spledido Hotel; Aquamira Resort and Residences in Naic, Cavite; SotoGrande Cebu and La Mirada at Residencia de Vistamar; Arterra Hotel and Resort; Crown Residences at Harbour Springs in Puerto Princesa, Palawan; SotoGrande Iloilo in Jaro, Iloilo and SotoGrande Davao in Talomo, Davao City.
Sta. Lucia Land is part of the Sta. Lucia Group, which has completed over 220 projects within more than 10,000 hectares of land spanning 70 cities and municipalities in 10 regions.

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