Anya Hospitality Group (AHG), led by its president and CEO Santi Elizalde, expects its budget hotel operations to bounce back to pre-pandemic levels by the end of the year.
In an interview with veteran journalist Ces Oreña-Drilon on “Usapang Bilyonaryo” aired on CNN Philippines, Elizalde shared that while Anya Resort Tagaytay is already doing better than pre-pandemic levels or in 2019, the budget hotels which the group manages are still in the process of recovering.
AHG manages four Go Hotels in Metro Manila, which are located in Timog, Ermita, North Edsa and Airport Road.
These hotels were converted to quarantine facilities during the height of the pandemic but transitioned to regular rooms after two years.
“The budget hotels have taken much longer [to recover] but at least we see that every month there’s an improvement in the occupancy numbers which is really what it’s all about,” Elizalde said.
“So hopefully by the end of the year, we would have gotten back to the 2019 levels,” he added.
Overall, Elizalde said the hospitality business has recovered nicely.
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AHG is a hospitality management group with over 20 years of experience. Aside from Anya Resort Tagaytay and Go Hotels, AHG’s portfolio comprises some of the most distinguished brands such as Club Punta Fuego, Amara Residences, Terrazas de Punta Fuego, Niyama Wellness, and Brio De Agoho.
WATCH SANTI ELIZALDE FULL INTERVIEW ON USAPANG BILYONARYO WITH CES OREÑA-DRILON: