The business enterprise also has four present office buildings and some other under production in Bonifacio Global City, that’s expected to be completed in December.
For inns, Vista Land is making plans to put up four more resorts in Boracay, Tagaytay, Bataan, and Daanghari. The lodges may be below the company’s Mella Hotels brand, which is a 3 to 4 megastar inn for the middle elegance, establishing about a hundred and fifty to two hundred rooms each.
The enterprise is presently building two Mella Hotels, one in Las Pinas, that’s anticipated to cost P500 million to P600 million, and any other one in Boracay, wherein the firm invested P1 billion.
“We are not yet full-size in inns, so we need to go into that. We are already heavy in condos and BPO [offices] but we need to be a main player in all of this. We try to grow fast in order that the ratio of leasing profits as compared to the housing income will be similar to the leaders of the industry,” Villar stated.
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