2 Dusit Thani hotels to rise in Lipa City & Davao Gulf

2 Dusit Thani hotels to rise in Lipa City & Davao Gulf
Excerpts from Business World, Feb 8 2018

TORRE LORENZO Development Corp or TLDC, together with the Philippine Hoteliers, Inc. (PHI), announced on Wednesday that it will be developing a P1.9-billion Dusit Thani Hotel at Lubi Plantation in Davao Gulf and a P3-billion Dusit Princess Lipa Hotel in Batangas.

The Dusit Princess Lipa Hotel will house 152 rooms. The hotel will be inside a one-hectare complex set to include residential buildings, an international restaurant, and business center.

“There’s too much hype in Tagaytay, when really the growth is in Lipa. The presence in Lipa is in pursuit of our vision to be in fast growing secondary cities in the Philippines, and hopefully Lipa is be the first among many,” TLDC Chief Financial Officer Emmanuel A. Rapadas said in a press briefing in Makati yesterday.

The company looks to finish the project by 2021. Full story here: http://bworldonline.com/2-dusit-thani-hotels-rise-lipa-cit…/
Photo: from Torre Lorenzo website (Lipa Status added logo of Dusit Hotel)