By James A. Loyola
Double Dragon Properties Corporation is planning to build Hotel 101 Resort-Boracay, a 1,001-room hotel at the beachfront of Boracay Newcoast, which will be the biggest hotel in the Philippines in terms of room count.
In a disclosure to the Philippine Stock Exchange, Double Dragon said the project will sit on a two-hectare property on the beachfront cove and support environment friendly operations and sustainable tourism.
Hotel 101 Resort-Boracay is a joint venture project of Hotel of Asia, Inc., a subsidiary of Double Dragon and Newcoast South Beach, Inc. led by its Chairman Enrique Gonzalez.
Boracay Newcoast is a 150-hectare tourism estate of Megaworld's subsidiary, Global-Estate Resorts, Inc. It is envisioned to become the new side of Boracay with its own commercial, retail and boutique hotel districts, residential condominiums, residential villages, hotels and resorts, surrounded by its own golf course.
Hotel101 Resort-Boracay will have top amenities such as room suites with balcony, expansive retail and food and beverage offerings, pool and outdoor deck, a business center, meeting rooms and function hall.
The project will adopt sustainable best practices from design to implementation and adopt sustainable practices to reduce and reuse energy, waste and water.
Specific areas of Hotel101 Resort-Boracay will also be powered by solar panels and will be equipped with a rainwater harvesting system and is expected to be a LEED (Leadership in Energy and Environment Design) certified development.
Double Dragon Chairman Edgar “Injap” Sia II said “this new eco-friendly greenergized hotel project in Boracay puts forward our grand vision to be a major player in the hotel and resorts industry in the country.”
“It will certainly boost Double Dragon's recurring revenues through years and will also significantly help generate economic benefits to the people of Boracay as well as contribute to pump-prime further the world-class reputation of the Island and the Philippines as a tourist destination,” said Sia.
Megaworld Senior Vice President Kevin Tan said "this new development by Hotel101 Resort-Boracay group will become a major provider of comfort and convenience for tourists visiting Boracay. Their eco-friendly hotel blends well with Boracay Newcoast's sustainable development model. This will further enhance the island's proposition for the domestic and global tourist market."