Movenpick Hotel & Residences Makati [70F|312m|mix]

[InfinitiFX45]

Movenpick to build 5 hotels worth $350M

by Czeriza Valencia | The Philippine Star | Posted at 04/25/2012 9:12 AM | Updated as of 04/25/2012 9:12 AM

MANILA, Philippines - Swiss upscale hotel and resorts management company Movenpick Hotels and Resorts has partnered with various investors for the development of five upscale hotel and resort complexes in and out of Metro Manila worth around $350 million.

The first to be completed is the Movenpick Residences Cebu, a mixed residential and hotel complex developed by Oikonomos International Resources Corp. owned by logistics tycoon Manuel Osmeña.

Another hotel and resort complex is nearing completion in Palawan, while two would be built in Makati, and another in a province, most likely in a prominent tourist destination.

Movenpick director for business development Helmut Gaisberger said the four other properties have different developers.

“We have several other projects but these will be in the provinces. We are very interested in places where people go to,” he said.

The Movenpick hotel in Coron, Palawan, which is nearly finished was built like hotels in Maldives. It would have 82 villas and luxury amenities.

One of the Movenpick hotel and residences in Makati, which will be built along Kalayaan Avenue, would have around 300 rooms and 300 private residences.

Gaisberger said the groundbreaking would begin this week and the whole project would be finished in three years at most.

The other hotel to be developed in Makati would be located along Ayala Avenue.

Gaisberger said that despite the numerous hotels already situated in Makati, it would take a long time before Makati becomes a saturated market.

“Makati will take a long time (to be saturated),” he said.

Movenpick and Oikonomos on Monday had a ceremonial contract signing for the Movenpick Residences Cebu, for which Osmeña is investing P3.5 billion to develop.

The residential and resort complex which is located in Punta Engano, Mactan Island, would have three towers, a mix of hotel rooms and private residences.

Currently for disposal are 66 fully-furnished condominium units with a floor area of 50 square meters to 99 square meters available in one and two bedroom model, all with balconies and views of the sea. The residences are offered at P125, 000 per square meter exclusive of value added tax (VAT).

The hotel and resort complex, which has a French-Mediterranean design, has 246 hotel rooms and world-class amenities.

Oikonomos and Movenpick tapped the services of CB Richard Ellis Philippines as its marketing arm and advisor.

“We are seeing growth in cities like Cebu and surrounding areas. Now is a good time for the hotel and leisure sector in the Philippines. I cannot think of a better time to come in this partnership,” said CB Richard Ellis Philippines founder and managing partner Rick Santos.

Osmena’s holding firm owns Sky Logistics and Sky Kitchen, the logistics and in-flight food service provider of Philippine Airlines.

Gaisberger said Movenpick is also aggressively expanding in Asia because of improving economic prospects in the region. Movenpick has 60 upscale hotels in 25 worldwide and is now expanding to Turkey, United Arab Emirates and certain parts of Asia.

“We are a little late in coming to Asia but better late than never. We are very aggressive in coming to Asia and I would say that in two years’ time, we will have at least 25 possible locations,” he said.

Santos said the Philippines is also becoming a well-positioned market in Asia for the hotel business because of lower real estate prices and better customer service provided.

Osmena said he is also helping Movenpick in their expansion to Asia. Two Movenpick hotels are in the pipeline for signing in China within the next two months.

Source: http://www.abs-cbnnews.com/business/...els-worth-350m

[tita01]

iba pa rin ba to ?

Worldhotel and Residences Makati

http://www.skyscrapercity.com/showthread.php?t=1506939

[thomasian]

It's different.

[thumbs up]

movenpick hotel ay yung katabi ng buddha bar(old site ay yung mismong buddha bar at yung present site ay gitna ng buddha bar at Stratford

[Batang_genio]

This area of Makati is becoming the new tourist belt of MM overshadowing the neglected Ermita district. Isn't Movenpick going to be built on the Picar property facing Kalayaan Ave, next to the Trump and Stratford, as mentioned above??

I think that The World Hotel is the one replacing the discontinued Eaton Hotel on the corner of Kalayaan and Makati Avenues. Already, construction workers have been seen working on the once abandoned building. A thread was started on this:

http://www.skyscrapercity.com/showthread.php?t=1476471

[tita01]

may renders na ba to!!

[ivyat12]

who's the electrical designer and architect for both Wovenpick and Worldhotel?

[leechtat]

wow, so many projects under development. The eye is really on the Philippines.

"Gaisberger said that despite the numerous hotels already situated in Makati, it would take a long time before Makati becomes a saturated market."

Coming from a foreign corp., this is certainly great news for Makati CBD!

[reign]

Another skyscraper going up in Makati
Posted May 16th, 2012 by Manila Standard Today & filed under Metro.


ALTHOUGH the tallest building in the country, Gramercy Residences, was topped out only last year, Picar Development Inc. has already broken ground for the next tallest skyscraper in the Philippines – the 312-meter Movenpick Hotel and Stratford Residences on Kalayaan Ave. in Makati City.

The building, which is scheduled to be completed in 2016, will actually be the third tower of Stratford Residences (302 meters high) and is planned to have 70 storeys with views of Gramercy Residences and the Makati City Hall.

The building will host the 324-room Movenpick Hotel and Stratford Residences with its 280 residential apartments. It was principally designed by architect Jose Pedro C. Recio, founder of Rchitect Inc.

Picar’s Chairman and a visionary, former Ambassador Amable R. Aguiluz V said Movenpick is to become the preferred lodging for leisure and business travelers.

“One of the fastest rising hotel chains in the world, the Movenpick name entails passion for hospitality and attention to detail—two features that allowed the brand to gain the trust of various clients from all over the globe.”

(Published in the Manila Standard Today newspaper on /2012/May/16)

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[TokyoToffee]

So Stratford seems to have found someone to take up the remaining space in their tower ?

BUT it says 3 towers.....hmmm?

[reyvil888]

The Movenpick Hotel Makati will be the tallest hotel in the country upon completion surpassing the Grand Hyatt (66F) and Shangri-la at the Fort (61F).

[anak_mm]

Originally Posted by reign

Another skyscraper going up in Makati
Posted May 16th, 2012 by Manila Standard Today & filed under Metro.


ALTHOUGH the tallest building in the country, Gramercy Residences, was topped out only last year, Picar Development Inc. has already broken ground for the next tallest skyscraper in the Philippines – the 312-meter Movenpick Hotel and Stratford Residences on Kalayaan Ave. in Makati City.

The building, which is scheduled to be completed in 2016, will actually be the third tower of Stratford Residences (302 meters high) and is planned to have 70 storeys with views of Gramercy Residences and the Makati City Hall.

The building will host the 324-room Movenpick Hotel and Stratford Residences with its 280 residential apartments. It was principally designed by architect Jose Pedro C. Recio, founder of Rchitect Inc.

Picar’s Chairman and a visionary, former Ambassador Amable R. Aguiluz V said Movenpick is to become the preferred lodging for leisure and business travelers.

“One of the fastest rising hotel chains in the world, the Movenpick name entails passion for hospitality and attention to detail—two features that allowed the brand to gain the trust of various clients from all over the globe.”

(Published in the Manila Standard Today newspaper on /2012/May/16)

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312 o 302 ano ba talaga kuya

[tita01]

ibig sabihin hiwalay ang stratford @ 302 at movenpick @ 312?

[tita01]

??

[leechtat]

thanks for that map. it seems that area is getting denser and denser.. nice..

[anak_mm]

kala ko nalito siya sa taas ng gramercy at stratford

[tita01]

Originally Posted by anak_mm

kala ko nalito siya sa taas ng gramercy at stratford

Stratford Residences and Movenpick Hotel - 312m
then Stratford Residences Phase 2- 302m

[REDD808]

Originally Posted by tita01

??

These there buildings are going to block the views of the kb, Milano and the sunset side of the gram.

[TokyoToffee]

Originally Posted by REDD808

These there buildings are going to block the views of the kb, Milano and the sunset side of the gram.

Which side would they be on ? I'm not sure how close they'd be + if theyre behind grammercy or Milano....

[tita01]