Cebu Landmasters Inc. said Friday it opened its first hotel outside Cebu City and the largest international hotel in Bacolod City, expanding its footprint in the Visayas and Mindanao tourism industry.
“We are expecting our hospitality business to rise as we now have over 1,700 keys in our portfolio. Our hotels are already performing well as of the first quarter of 2024, with a revenue surge of 37 percent year-on- year. The launch of Citadines Bacolod City, in addition to our three operational hotels in Cebu, will definitely reinforce this growth,” CLI chairman and chief executive Jose Soberano III said.
The P2 billion 200-room Citadines Bacolod City operated by The Ascott Limited is a project of CCLI Premier Hotels, a joint…