Injap Sia to build PH?s biggest green hotel
DoubleDragon Properties Corp. of Mang Inasal founder Edgar Injap Sia II and Newcoast South Beach of entrepreneur Enrique Gonzalez have teamed up to build a 1,001 room eco-friendly hotel in Boracay.
Located on the beachfront, Hotel101 Resort-Boracay is envisioned to become the biggest hotel in the Philippines in terms of room count.
It will occupy two hectares of Global Estate Resorts? 150-hectare tourism estate Boracay Newcoast which will have commercial, retail and boutique hotel districts, residential condominiums, residential villages, and resorts surrounded by a golf course.
Sia, chairman of DoubleDragon, said the project is in line with the company?s goal to become a leading player in the hospitality industry.
?It will certainly boost DoubleDragon’s recurring revenues through years and will also significantly help generate economic benefits to the people of Boracay as well as contribute to pump-prime further the world-class reputation of the Island and the Philippines as a tourist destination,?Sia said.
?We envision Hotel101 to become the largest and most recognized hotel chain in the Philippines, significantly contributing to the recurring income of DoubleDragon, and at the same time providing the market with an innovative, safe and secure investment platform,? Sia added.
Hotel101 Resort-Boracay will have top amenities such as room suites with balcony, expansive retail and food and beverage offerings, pool and outdoor deck, a business center, meeting rooms and function hall.
This will be the group?s fourth development under Hotel101 brand after Manila, Fort Taguig and Davao City.
DoubleDragon aims to have a total of 5,000 hotel rooms by 2020.