A Gokongkei-owned Go Hotel will be established in Lanang area this year, Davao City Investment Promotions Center (DCIPC) announced.
“The ground breaking is expected to happened by the third quarter of the year,” DCPI chief Ivan C. Cortez told Edge Davao in an interview at Seda Hotel.
Cortez said the Go Hotel will have a total of 180 rooms.
“They have expressed their interest to expand in Davao as early as 2011 but this is the only time that they will construct the hotel,“ Cortez said.
Cortez said the investors “are waiting the right time” to enter the city.
“They have been observing Davao City’s occupancy rate and for two years they saw that it’s profitable business to have hotel operation here,” Cortez said,Â
adding that the city right now is undergoing unprecedented growth in the tourism industry.
“This is evidenced by the recent entry of new hotel brands, with about five more business hotels undergoing construction bringing current number of rooms in the city to more than 7,000,” he said.
The present positioning of the city as an urban destination with eco-adventure andeco-tourism offerings make Dacao city a unique place of interest, according to Cortez.
Davao City Tourism Operations Office officer-in-charge Lissette Marques said the tourism industry of Davao City continues to grow because of new tourist destinations in the region and exhibits and conventions here.
Based on the record of the city has a total of more than 220 licensed accommodation establishments in 2014 with more than 5,000 accommodation units.
Among the big accommodation facilities here are Apo View Hotel with 156 accomodations; Casa Leticia Boutique Hotel with 42; Gran Men Seng Hotel with 70; Microtel by Wyndham-Davao with 51; Grand Regal Hotel with 217; Linmarr Apartelle with 48; Marco Polo Davao with 245; Park Inn by Radisson Davao with 204; Â and The Pinnacle with 214.
To further support the growth in the tourism industry, Cortez said that investors are encouraged to construct theme parks, leisure resorts, retirement villages, cultural heritage projects and tourist service providers.
Cortez also said that five other hotels also expressed interest in investing in the city. CHENEEN R. CAPON
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