Monday, February 25, 2008 [ philstar.com ]
European leader in hotels the Accor Group is developing a multi-million peso bed and breakfast facility in Cebu.
In an interview, Hotel and Restaurant Association of the Philippines chairman and president Humphrey O’Leary III said investments in the local hotel industry continues as evidenced by the interest of the Accor Group.
In fact, O’Leary said the development in the industry is concentrated outside Metro Manila. “The investors are looking at building hotels in places outside Metro Manila,” he said. > > > [ full story ]
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