Property developer Megaworld Corp. said Thursday it is developing its first hotel within the 462-hectare Paragua Coastown in San Vicente, Palawan.
Megaworld said in a stock exchange filing the 10-story Savoy Palawan would have 306 guest rooms and suites in varied layouts that are perfect for travelers in the island.
“This will be our first hotel in Palawan, which will be the fourth Savoy Hotel in our portfolio. As we continue to tap on the rising opportunities in Philippine tourism, we also hope to meet the demand for accommodations in San Vicente, which is known to have the longest beach line in the entire country,” said Megaworld Hotels and Resorts managing director Cleofe Albiso.
Savoy Palawan, which is scheduled for opening in 2028, will have several amenities including swimming pool with a separate kiddie pool and a pool deck at the third level. It will also have its own fitness center, spa with wet and dry sauna and a kid’s club.
The hotel will have four food and beverage outlets including an all-day dining restaurant with al fresco area, Zabana Bar & Lounge, Grill Bar with outdoor dining and a specialty restaurant. It will also have its own ballroom and smaller function rooms with pre-function areas, a business center and meeting rooms.
“Savoy Palawan will highlight some sustainability features that will make it as a luxury green hotel. The hotel’s equipment and machines will be certified ‘energy-efficient’ and we will also be using recycled water for washing from our rain harvesting facility. Since Paragua Coastown will also be a bike-friendly community, we will provide facilities for bikes in our hotel,” said Albiso.
Savoy Palawan will be the 17th hotel property under Megaworld Hotels and Resorts group, which operates around 4,500 hotel rooms across the country.
The company said of the 17 hotel properties launched, 12 are operational while five more are in the pipeline, including Savoy Palawan and Grand Westside Hotel in Parañaque City, which is poised to be the biggest hotel in the Philippines once it opens.
Paragua Coastown is a P40-billion eco-tourism township project that will feature hotels and resorts, health and wellness sanctuaries, cultural center, educational institutions, a boutique hotel district, a shophouse district, residential developments such as private villas, serviced apartments, themed residential villages and a mangrove reserve park.
