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8990 Leisure and Resorts to open Urban Getaways and Lavish Resorts in Key Cities

Top housing developer enters hospitality business

Adama, Kura, Argo– the names may not yet ring a bell, but in a few years time, these three properties might very well be among the top hotels and resorts in the country.

From lavish getaways to urban retreats and value-laden accommodations, new hotel and resort group 8990 Leisure and Resorts is set to introduce a diverse range of hotels, resorts and luxury establishments that cut across the market.

8990 Leisure and Resorts is a subsidiary of top housing developer 8990 Holdings, Inc. (HOUSE). Its success, which has seen the company acquiring a record high net income of PHP 3.4 billion in the first three quarters of 2018, promises a bright future for the company’s foray into the leisure and hospitality industry.

(L-R): 8990 Leisure and Resorts president Lowell Yu, 8990 Holdings, Inc. chairman Mariano Martinez, and 8990 Holdings, Inc. president and chief executive officer Willie J. Uy

“The Philippine leisure and hospitality industry is on an upswing with the current administration focusing on tourism development. The launch of 8990 Leisure and Resorts definitely comes at a perfect time,” says Willie J. Uy, 8990 Holdings, Inc. president and chief executive officer.

With PHP 5 billion worth of investments, the company is looking at developing a total of 3,000 rooms in the next five years and eyeing to open in the following key destinations: Cebu, Makati, Davao, Palawan, Boracay, Siquijor, Alabang, Manila, Iloilo, Legazpi, Clark, Lapu-Lapu, Siargao, and Baguio.

In the pipeline are exclusive hotels and resorts offering world-class services to satisfy every lifestyle and leisure need of professionals or vacationers. Its topnotch portfolio will include resort Adama, a five-star luxury family resort which seeks to pamper you and your loved ones with its first-class amenities. It is nestled within nature, allowing families to bond amidst lush greeneries.

There’s also the luxury hotel Kura for the trailblazers who are seeking to indulge in the grandness of life. It features splendid spaces that are complete with rich amenities. Lastly, located within the heart of the city is resident urban hotel Argo. It is equipped with essential amenities and tools to help you explore, discover and experience the best of the locale.

Enjoy quality luxury vacations with your loved ones only at the exclusive hotels and resorts of 8990 Leisure and Resorts.

8990 Holdings, Inc. (HOUSE) is a publicly listed company in the Philippine Stock Exchange.

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