Savoy Hotel Mactan Newtown opens

With its 547 guest rooms, Savoy Hotel Mactan Newtown is the biggest hotel in terms of number of rooms in Mactan Island and the 2nd biggest in the entire Cebu. The 18-storey hotel officially opened today. The hotel targets mostly business travelers and family vacationers because of its proximity to the beach and resorts around… Continue reading Savoy Hotel Mactan Newtown opens

Megaworld to open 3rd Savoy Hotel in Mactan

The company’s first hotel development in Cebu offers 547 rooms and suites, with close accessibility to Mactan Newtown Beach and future ‘beach mall’ Township developer Megaworld is opening its first hotel development inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu next month. The 18-storey Savoy Hotel Mactan will offer 547 guestrooms and suites,… Continue reading Megaworld to open 3rd Savoy Hotel in Mactan

Megaworld’s 1st half 2019 earnings up 18% to P8.9B

Residential, rental, and hotel businesses register double-digit growth Megaworld, the country’s pioneer in and largest developer of townships, grew its net income by 18% to P8.9-billion in the first half of 2019 from P7.5-billion during the same period last year. Excluding a non-recurring gain of about P189-million in the first six months of 2019, the… Continue reading Megaworld’s 1st half 2019 earnings up 18% to P8.9B