
Megaworld Corp.’s hospitality company, Prestige Hotels and Resorts, Inc. (PHRI), will launch its first property in Visayas within the 72-hectare Iloilo Business Park development in Iloilo City by third quarter this year.
The 149-room hotel will carry the Richmonde brand, which PHRI introduced in 1999 in Ortigas and has since expanded to Eastwood.
“Expansion of the Richmonde Hotels is deliberate yet continuing, owing to the fact that despite bearing the same name and the same high quality of service, each Richmonde property is unique in character and in its appeal. There is no standard formula to the set-up and development of each as PHRI prefers to remain flexible and take into account the locale and the specific market it targets,” says Carmen Fernando, managing director of PHRI, in a news release.
Richmonde Hotel Iloilo’s location near BPO buildings, shopping mall and a convention center is expected to help fill rooms with a mix of MICE business, long-stay guests and business travelers
The hotel is designed by well-known architecture firm Getty’s, which has at least another project in Metro Manila. The hotel interiors will feature a warm and welcoming vibe, reflecting the cheery and affectionate personality of the people of Iloilo.