Connect with us

Hi, what are you looking for?

News

Century Properties opens its first hotel

CENTURY Properties Group, Inc. is opening its first-ever hotel on Thursday located in Mandaluyong City that will complete its master-planned development Acqua Private Residences.

Novotel Suites Manila is a 152-room hotel conceptualized by Century Properties in partnership with multinational hospitality company Accor.

“This is the very first international brand hotel next to Pasig river and this is also the newest hotel of Accor Hotel in the Philippines,” Novotel Suites General Manager Raul R. Aquino said in a media briefing.

The hotel was supposed to open its doors to leisure and business visitors two years ago but was deferred due to the pandemic, said Mr. Aquino.

“But today… we are opening the hotel again after two long years of waiting,” he said.

On opening day, the hotel will offer three of its 30 floors with four kinds of units: standard suite, one-bedroom deluxe suite, one-bedroom superior suite, and one-bedroom premier suite.

Century Properties Chief Financial Officer Ponciano S. Carreon estimated the cost of each hotel unit at around P4 million, bringing the total cost for all 152 units to around P608 million.

Meanwhile, the investment in the hotel is estimated at P1.1 billion. The room rates range from P5,000 to P8,000 a night.

Hotel amenities are located on the 21st and sixth floors. On the 21st floor, hotel goers can use the lounge, an all-day fitness center, and meeting rooms.

The sixth floor houses the hotel’s food and beverage lounge, café and pastry shop, and an all-day dining restaurant. It also houses the hotel’s infinity pool and a playing nook for children.

At its location, the hotel is 3.5 kilometers (km) away from Manila Metro Rail Transit Ayala Station; 5 km away from Ortigas Center; 6 km away from Bonifacio Global City; and 15 km away from Ninoy Aquino International Airport Terminal 1. — Justine Irish D. Tabile

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Editor’s Pick

<?xml encoding=”utf-8″ ??> Pressure on the Tory Party chairman increases as the head of HMRC says there are no penalties for ‘innocent errors’. Nadhim...

Editor’s Pick

<?xml encoding=”utf-8″ ??> With the increased threat of industrial strike action looming across the UK, we consider whether a force majeure clause can strike...

Editor’s Pick

<?xml encoding=”utf-8″ ??> TSB’s 5,700 staff and executives are to share a 10% bigger bonus pot this year, after rising interest rates pushed the...

Editor’s Pick

<?xml encoding=”utf-8″ ??> NatWest is to shut another 23 branches in England and Wales, adding to a raft of high street banking closures already...

Editor’s Pick

<?xml encoding=”utf-8″ ??> Shell has put more than 2,000 jobs in the UK at risk after launching a “strategic review” of its domestic energy...

Editor’s Pick

<?xml encoding=”utf-8″ ??> British taxpayers have become shareholders in a further 53 companies backed by a government rescue funding scheme. These firms include a...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.