Megaworld building 5 luxury hotels on Mactan Island

Screengrab from http://www.megaworldcorp.com

MANILA, Philippines Megaworld Corp. is placing a bigger bet on Cebus tourism industry with P8 billion in fresh investments to build five new luxury hotels on Mactan Island.

This capital outlay will increase Megaworlds hotel portfolio by 2,000 rooms and will form part of the expansion of its 28.8-hectare mixed-use project, The Mactan Newtown, in Lapu Lapu City.

In a press statement on Thursday, Megaworld said the first two high-rise hotels Mactan Belmont Luxury Hotel and the Savoy Hotel Mactan Newtown would rise on the townships Newtown Boulevard within five years.

Soon to rise will be two beachfront hotels in the area which was formerly Portofino Beach Resort. The company said this area offered relaxing views of the Hilutungan Channel and Olango Island, known for its bird sanctuaries and mangrove forests. Another luxury hotel of international brand is also expected to rise in the township.

With the influx of more tourists to Mactan Island year after year, we hope to be able to offer more exciting facilities that will help further boost tourism in the region. Aside from local tourists, we hope to cater to foreign guests and visitors to The Mactan Newtown as well, said Carmen Fernando, managing director of Prestige Hotels and Resorts Inc., which is the operator of Mactan Belmont Luxury Hotel and Savoy Hotel Mactan Newtown.

Megaworld is also constructing a three-level lifestyle mall, Plaza Magellan, which is envisioned to become a major landmark of The Mactan Newtown. The mall will have an iconic entrance plaza facing the Lapu Lapu Shrine, the site where the historic Battle of Mactan between Lapu Lapu and Ferdinand Magellan took place April 27, 1521.

The plazas main feature will be a life-sized replica of the Spanish galleon Victoria, the first vessel to circumnavigate the globe, and the Spanish Steps, which will lead visitors to the malls main entrance. The Victoria was the only one of Magelans five ships that survived the expedition and managed to return to spain, thus sailing around the globe.

Plaza Magellan will also feature a museum which will be dedicated to the life and expeditions of Magellan.

The malls design will be inspired by the hilltop towns of Portugal and Spain. The architecture will feature courtyards and arcaded walkways, ornately framed doors and windows as well as cupolas and towers.

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Megaworld building 5 luxury hotels on Mactan Island