Cebu Landmasters Inc. is collaborating to put up more hotel projects with The Ascott Limited in the Visayas and Mindanao.
Jose Soberano III, Cebu Landmasters chief executive officer, says the company sees opportunity as the projected growth in tourist arrivals would require additional capacity.
“The Philippines pales in comparison to our Asean neighbors,” Soberano says, citing Thailand and Malaysia as examples.
