Filinvest Development Corp. (FDC) is expanding its hospitality business with the introduction of new hotel and food and beverage (F&B) brands.
FDC said in a disclosure to the stock exchange Monday unit Filinvest Hospitality would launch early next year the first of its new line of hotel called Grafik Hotel Collection.
The first Grafik hotel to be called Grafik Pine House Baguio, is located on a 5,700-square-meter property within Camp John Hay. It features more than 200 rooms, various dining outlets, a spa, and meeting areas.
“After a strong 2023, we’re confident in full tourism recovery in 2024, showcasing the lasting appeal of the Philippines. As the Filinvest Group sets its sights on faster growth and making a positive impact on Philippine tourism and nation-building, our hospitality business aims to be a significant contributor to its overall plan,” said Filinvest Hospitality first senior vice president Francis Gotianun.