BOI approves RLC’s five-star Leyte hotel project

The Gokongwei group is investing R500 million for a five-star hotel facility in Tacloban City, the very first tourism accommodation project in Leyte after Typhoon Yolanda hit the area.

The Board of Investments (BOI) recently approved with tax incentives the Gokongweiowned Robinson Land Corporation (RLC) Summit Hotel and Resorts Group’s hotel facility under the 2017 Investment Priorities Plan (IPP).

Endorsed by the Department of Tourism as a five-star hotel facility, Summit Hotel Tacloban is located within the Robinsons Place Complex in Tacloban City.

The 138-room hotel has a floor area of around 9,000 square meters and will have a food and beverage outlet, outdoor swimming pool, grand ballroom and meeting rooms and other support facilities. Commercial operation will begin on April 2018 with 25 people manning the facility.

It is the fifth Summit Hotel in the country and RLC’s 12th BOI-registered hotel project.

RLC is part of the Gokongwei-owned JG Summit Holdings, Inc., one of the top conglomerates in the country with diverse interests in real estate and hotels, food and beverages, air transportation, banking, petrochemicals and core investments in telecommunications and power distribution.

Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said the project is expected to further boost local tourism in the former Yolanda-stricken area.

“This will serve as a significant boost to the recovery efforts in the region, beefing up local tourism, further pushing economic growth, and providing more livelihood and employment opportunities to the people within the area,” said Rodolfo.