CEBU CITY, Philippines— The Waterfront Philippines Inc. (WPI) announced that it has recently embarked on a P300-million renovation project geared towards improving further its flagship property located in this city – the 560-room Waterfront Cebu City Hotel and Casino.

The hotel’s management said renovation of the lobby is set for completion by end of this year.

“I am proud to announce that 50 percent of the first phase has now been completed. The project is progressing as planned and even better than we imagined, as we are ahead of our target schedule,” said WPI Assistant to the President, Weslie Gatchalian.

The hotel’s renovation program is segmented into three phases, namely, renovation of the grand and lower lobbies; renovation of the function rooms; and eventually the renovation of the hotel’s convention facilities.

Each phase of the major hotel facelift is expected to cost P100 million, all of which will come from internally-generated funds.

“We are excited to embark on this multi-million-peso renovation project because this will further enhance our product and service offerings which we hope to eventually result to better guest experience and revenues,” said Gatchalian.

“It will be the first time Waterfront will be renovating its lobby after 10 years. The high-ceiling lobby, with its beautifully-designed murals, has been the hotel’s principal attraction,” he added.