SM group opens Radisson hotel in Cebu Monday

09/24/2010 - SM Hotels and Conventions Corp., a wholly-owned subsidiary of conglomerate SM Investments Corp., will open Monday Radisson Blu Hotel, its first hotel in Cebu City, at the corner of Serging OsmeƱa Boulevard and Juan Luna Avenue.

The 400-room hotel, which cost P3 billion to construct, will be managed by Carlson, a privately held, global hospitality and travel company.

“Our vision is to be the leader in the Philippine tourism and real estate sectors and this hotel further strengthens our standing in the industry,” Elizabeth Sy, president of SM Hotels, said.

“In light of our optimism about the prospects of Philippine tourism and the resurgence of the economy, we exerted our utmost efforts to ensure that the highest quality in the hotel’s design, functionality, detail, and artwork is firmly in place for its opening,” she said. “Thus, we are confident that the Radisson Blu Hotel Cebu will be the tourist destination of choice and the leading events venue in Cebu City and nearby regions.”

Radisson Blu Hotel in Cebu is the first in the Asia-Pacific region. The hotel, ideally situated right beside SM City Cebu, is being positioned as the city’s leading international upper-scale hotel designed to appeal to both business and leisure travelers.

Radisson Blu Hotel Cebu is offering state-of-the-art meeting facilities in a bid to become the top choice for conventions and exhibitions.

The hotel’s Santa Maria Grand Ballroom measures 1,200 sq. m. and has an eight-meter high ceiling. It comes with its own dedicated top-of-the-range audiovisual equipment room and can accommodate up to 1,200 guests.

SM Investments, meanwhile, plans to put up a hotel within the Mall of Asia complex in Pasay City and spend P1.2 billion to build up to 14 low-rise budget hotels catering to local tourists.

Rooms will be priced at P2,000 per day, making it very affordable to local travelers planning to visit other parts of the country. The average room rate is 24 sq. m. (Manila Standard Today)

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