belmont hotel Archives - Iloilo Condominiums

Condominiums and hotel constructions… you see them everywhere, especially in a city that is booming such as Iloilo.

When a city is progressing and local business is bustling, the demand for residential developments and hotel accommodations is expected increase.

Translation: “It’s nice to reside in Iloilo nowadays!”

All of a sudden, Ilonggos overseas want to get back home in Iloilo or at least own a type residence in their home city.

Retirable Ilonggos outside the Philippines now aspire to come home and live in their luxury condo units here in Iloilo City.

Actively working immigrants abroad want properties for temporary residential use when they go home to Iloilo for vacation.
And some just want an Iloilo property because of its real estate potential.

Real Estate giant, like Megaworld, has been building luxury condominiums in Iloilo City since 2013 and it attracted plenty of investors not only because it is by far the best residential condominium development in the city but also because of it is very encouraging appreciation rate.

Click to the article on Iloilo Condominiums’s value appreciation rate

Megaworld Corporation Founder Andrew Tan and his son, Kevin

It’s like a no-lose situation fro investors with end-user needs. You do not only own physical asset that increases in value over time, you also own a residential place you can proudly use.

Iloilo City Tourism at an all-time high

Ilonggos want to come home to Iloilo, we get that. But now people — even those without an Ilonggo connection — just want to visit Iloilo.

Iloilo City has now become a destination city.

The figures show that in 2017, Iloilo had 23.21% more tourist arrivals compared to the previous year. And we can speculate that 2018 had even more tourist arrivals — perhaps the largest ever.

No Longer About Dinagyang

The Dinagyang Festival is definitely a big reason for this. But now, it is more than that.

City tourism is no longer only about Dinagyang but it is now because of Iloilo City — its sights, food, culture, progress, and opportunities.

Arguably it is the best city in the Philippines right now.

Dinagyang attracts tourists, yes, but Iloilo City in itself is now an attraction.

Because of the surge of tourists and visitors in Iloilo, the demand for hotels increase.

Megaworld has launched Belmont Hotel Iloilo to operate in late 2022. It will serve as a condohotel which investors can purchase a condo property but will be leased to function as a suite of a 4-star hotel. Unit owners (investors) will have a share of the profits of the hotel.

CLICK HERE TO WATCH VIDEO OF BELMONT HOTEL ILOILO INVESTMENT

Investing in either condominiums or Belmont Hotel shares will bring in huge potential returns.

Iloilo real estate is booming right now and this is not the right time to be gunshy. Invest in Iloilo City tourism and properties like you mean it! NOW IS THE PERFECT TIME TO DO IT!

Click an Iloilo Business Park Condo to learn more:

Megaworld to bring Belmont Hotel in Iloilo Business Park

Fourth hotel under Megaworld’s homegrown Belmont brand to add 405 hotel rooms in Iloilo City

Property giant Megaworld is building its fourth Belmont Hotel inside its 72-hectare Iloilo Business Park township in Mandurriao, Iloilo City.

Belmont Hotel Iloilo will have 405 suites, composed of a mix of Twin Suites, Queen Suites, Junior Suites, Executive Suites and Specially-Abled Suites for Persons with Disabilities (PWDs).

The 12-storey hotel, which is the third in the entire township, will be located along the stretch of the 1.1-kilometer long Festive Walk Parade, just a walking distance to the iconic Iloilo Convention Center and the Festive Walk Mall.

It will have its own swimming pool with in-pool lounge, landscaped deck with pool bar and outdoor lounge, fitness center with sauna, function room, and an all-day dining restaurant.

“We have seen the huge potential of Iloilo as a tourism destination. With the Iloilo Convention Center as a main facility for Meetings, Incentives, Conventions and Exhibitions (MICE), there is no doubt that Iloilo City needs another world-class hotel. And we are bringing another Megaworld homegrown hotel brand, which has gained popularity among business travelers since Belmont Hotel Manila opened in 2015,” says Jennifer Palmares-Fong, vice president for sales and marketing, Megaworld Iloilo.

Belmont Hotel Manila, Megaworld’s first Belmont Hotel that opened in Newport City, was awarded this year’s Best Airport Hotel in the 2018 Travel and Hospitality Awards. The second Belmont Hotel is set to open in Boracay Newcoast next year, while the third one will be at The Mactan Newtown, the company’s 30-hectare township in Lapu-Lapu City, Cebu.

In Iloilo Business Park, Megaworld opened its third Richmonde Hotel in 2014 and its sister company Travelers International Hotels Group, Inc., owner and operator of Resorts World Manila, opened the Courtyard by Marriott early this year.

According to the Iloilo City Tourism Office, tourist arrivals in the city have remarkably increased during the past five years. In 2017, around 1.08 million local and foreign tourists visited Iloilo City. Most foreign visitors came from South Korea, US, Canada, Mexico and Australia.

Tourism receipts, on the other hand, reached P19.8-billion in 2017 as registration for tourism-related establishments such as hotels rose by 55% to 1,605 last year compared to those posted in 2013.

“Megaworld’s Iloilo Business Park itself is a tourist destination. Visitors come to the township to visit the Iloilo Museum of Contemporary Art (ILOMOCA), shop and dine in Festive Walk Mall, chill in Festive Walk Parade, attend events in the Iloilo Convention Center, or stay in our world-class hotels. We expect more tourists to come to our township as more establishments and attractions open in the coming months,” explains Palmares-Fong.

Belmont Hotel Iloilo is scheduled to open in 2023.