InterContinental Hotels Group (IHG) has announced the signing of a new Holiday Inn in Cebu City with The Erawan Group Public Company Limited, which will open in one of South-east Asia's top information and communications technology destinations.
The new-build 180-key Holiday Inn Cebu City is expected to open at the end of 2020 at Samar Loop in Cebu Business Park.
The business park houses multinational companies ranging from business process outsourcing to industries as well as local and foreign financial institutions, and a nine-hectare Ayala Center Cebu shopping mall, which draws 60,000 visitors daily.
"Cebu has enjoyed steady economic growth in recent years, thanks in part to its strong port facilities and excellent geographic location which have made it especially popular amongst multinational businesses," remarked Rajit Sukumaran, chief development officer, EMEAA East, IHG.
"With the upcoming completion of the Mactan-Cebu International Airport, the second busiest airport in the Philippines, later this year, we are expecting a further increase in visitors, including those travelling on business," Sukumaran added.
Holiday Inn Cebu City will feature meeting facilities, a fitness centre and swimming pool, an all-day dining restaurant and bar, as well as the 'Kids Stay & Eat Free' programme, which offers complimentary stays and meals for children under the age of 12.
Located in the same tower as Erawan Philippines' owned Hop Inn hotel, Holiday Inn Cebu City will be situated on the upper floors with its own separate entrance, lift and lobby.
Globally, there are currently 1,216 Holiday Inn hotels and more than 225,000 rooms open, with 277 in the development pipeline for the next three to five years.