Andrew Tan brings Belmont hotel to Cebu

Bilyonaryo Andrew Tan’s flagship property firm Megaworld is opening a new Belmont Hotel within the 30-hectare Mactan Newtown in Lapu-Lapu City, Cebu by the fourth quarter this year, further strengthening its leadership position in the hospitality space.

Located just beside the Savoy Hotel Mactan, the 20-storey Belmont Hotel Mactan will be the 12th hotel property of Megaword, the country’s largest operator of homegrown hotel brands.

It will have 550 guestrooms and suites, composed of a mix of Twin Suites, Queen Suites, Junior Suites, Executive Suites, and specially-abled Suites, with most units featuring an expansive view of the Hilutungan Channel.

Aside from the pool, Belmont Hotel Mactan features a wide array of amenities with includes a children’s pool, male and female shower and changing rooms with toilets, outdoor lounge with elevated deck, fitness center, and a viewing deck where guests can marvel at the beauty of the nearby sea and the rest of the township and Mactan Island.

Belmont Hotel Mactan will have an introductory room rate of P3,800 net per night, inclusive of breakfast for two (2) and access to its facilities.

Megaworld Hotels & Resorts has already opened 11 properties under six homegrown brands with around 4,000 hotel keys: Richmonde Hotel (Ortigas, Eastwood City, and Iloilo); Belmont Hotels (Newport City and Boracay); Savoy Hotels (Newport City, Boracay, Cebu); Twin Lakes Hotel (Tagaytay); Hotel Lucky Chinatown (Binondo, Manila); and Kingsford Hotel (Parañaque City).

It reported a 49 percent jump in revenues in the first six months of the year to P1.1 billion.

Andrew Tan brings Belmont hotel to Cebu

Bilyonaryo Andrew Tan’s flagship property firm Megaworld is opening a new Belmont Hotel within the 30-hectare Mactan Newtown in Lapu-Lapu City, Cebu by the fourth quarter this year, further strengthening its leadership position in the hospitality space.

DOE raises RE utilization percentage for on-grid areas

The Department of Energy (DOE) has increased the percentage of the utilization of renewable energy for on-grid areas from one percent to 2.52 percent in line with the administration’s goal of transitioning towards a sustainable and clean energy future.