Discovery World unit, Samal Shores enter management deal
DISCOVERY Hospitality Corp. (DHC) has signed a contract with Samal Shores, Inc. to manage the latter’s resort project in Davao del Norte’s Samal island that is set to open next year.
“The opening of Discovery Samal is part of the commitment of DHC to widen our reach across strategic locations,” DHC Chief Operating Officer and Discovery World President Jose C. Parreno, Jr. said in a statement on Tuesday.
The contract will add the upcoming project to the portfolio of hotels and resorts under the property management company of publicly listed Discovery World Corp. Samal Shores is a subsidiary of CSG Holdings Corp.
DHC currently manages Discovery Primea, Discovery Suites, Discovery Shores Boracay, and Club Paradise Palawan.
Once the agreement is finalized, DHC’s portfolio expansion across the country will total 690 rooms and a conference capacity of 2,018 for engagements.
Discovery Samal will be located on a land spanning five hectares along the coast of the Island Garden City of Samal, boasting of views of the Davao Gulf.
It will be about 30 minutes away from the Francisco Bangoy International Airport.
Slated to open in 2022, Discovery Samal will feature 162 villas and “plush” accommodations, four meeting rooms, a convention center good for up to 1,000 guests, all-day dining, a seafood specialty restaurant, and a bar and lounge.
“This is a new way for us to offer more outdoor experiences for dynamic guests looking for more recreational vacations,” Mr. Parreno added.
The project is designed by Architect Edgardo L. Ledesma, Jr. and is embellished by interior designer Manny Samson of Emesaé Design Corp.
Discovery World shares at the local bourse declined by 0.30% or P0.01 on Tuesday, closing at P3.29 each. — Keren Concepcion G. Valmonte
