Leyte hotel to be completed before Oct. 20-A A +A
Wednesday, September 25, 2013
PALO, Leyte – The Oriental Leyte, a resort hotel, is set to complete next month in time for the celebration of Leyte Gulf Landing celebration, a hotel official said.
Anito Lanticse, the hotel’s resident manager, said property developer LKY Hotels and Resorts said construction of the 31-room building will be completed before October 20.
LKY said they have allotted P200 million investments in addition to the P300 million capital committed to the Leyte Provincial Government.
“The target is to complete building additional rooms by next month. We are just finishing the interior design. After that, we will put up aqua sports facilities,” Lanticse said.
The completed first phase of the hotel includes facilities like function rooms, restaurants, infinity pool, gym, and spa.
Lanticse said that with the completion of the second phase of development, the total rooms will be 141.
“Leyte’s market is very good. Our average monthly occupancy rate is about 60 percent to 70 percent, which is good because it’s above 50 percent,” he added.
The hotel targets foreign and domestic tourists as well as participants of conventions and other big events.
The entire property, including General MacArthur Memorial Park, which the hotel maintains, covers 10 hectares with a 500-meter beachfront. It is located in Barangay Baras of this town.
LKY Group of Companies with LKY Resorts and Hotels as subsidiary embarks in a hotel business with “The Oriental” brand. Its first hotel has opened this month in Legazpi City in Albay. The firm is targeting to open more hotels in the Visayas and Southern Luzon areas.
The hotel will be owned by LKY for 25 years under the built-operate transfer scheme.
The Provincial Government, which is the former owner of the property, awarded in 2009 the contract to the winning developer. (Leyte Samar Daily Express)