Filinvest Hospitality poised for stronger growth with new ventures

June 10, 2024
by Filinvest Development Corporation
Filinvest Hospitality poised for stronger growth with new ventures

Filinvest Hospitality is enhancing its established hotel brands and introducing new hotel and food and beverage (F&B) offerings to provide exceptional travel experiences and support local tourism. In 2023, the hospitality arm of Gotianun-led Filinvest Development Corporation, achieved a notable 48 percent revenue increase to ₱2.9 billion, driven by better occupancy rates, higher average room rates, and increased contributions from its F&B outlets.

“After a strong 2023, we’re confident in full tourism recovery in 2024, showcasing the lasting appeal of the Philippines. As the Filinvest Group sets its sights on faster growth and making a positive impact on Philippine tourism and nation-building, our hospitality business aims to be a significant contributor to its overall plan,” said FHC’s First Senior Vice President Francis Gotianun.

Filinvest’s hospitality portfolio caters to a diverse range of travel preferences. It manages seven hotels ranging from high-end five-star properties under the Crimson brand to Quest hotels and Timberland which serve the mid-priced leisure markets.

New Hotel Features

Crimson Mactan has ongoing renovations to improve the services and facilities offered. Among its new offerings is the Azure Beach Club, a modern beachfront space that allows for sophisticated escapism while listening to music and enjoying cocktail concoctions.
In addition, the hotel opened an authentic Japanese restaurant, Aka, that offers omakase, kaiseki and ala carte menu. At Aka, Chef Naoki Eguchi, showcases the art of Japanese gastronomy, captivating diners with his precise techniques and devotion to uncovering the essence of Japanese flavors.

Quest Hotel, strategically located in Cebu, Clark and Tagaytay, continues to be a primary destination for Meetings, Incentives, Conventions and Exhibition events, offering complete facilities and personalized service tailored to the needs of business groups. Quest Clark in particular is close to the renowned 36-hole Mimosa Golf course, providing guests with opportunities for leisure and networking in a picturesque setting.

In the first quarter of 2024, Timberland Highlands Resort opened a new bike park, catering to mountain bike enthusiasts and those seeking to experience nature within the city.

Grafik: New Hotel Brand

Filinvest Hospitality is also finishing the first of its new line of hotels called Grafik Hotel Collection. Set to launch in the first quarter of 2025, Grafik Pine House Baguio, the first property in the collection, is built on a 5,700-square-meter property within Camp John Hay and features more than 200 rooms, various dining outlets, a spa, and meeting areas.

Baker J: Expanding F&B Ventures

On the F&B front, Filinvest Hospitality is growing its cafe restaurant, Baker J, offering authentic Parisien-baked pastries and expertly-crafted coffee accompanied with a diverse range of plated dishes. Currently, it has five branches located in Alabang, Clark, Tagaytay, Taguig and Rizal.

As it grows, Filinvest Hospitality ensures its developments and operations adhere to best practices in sustainability. Filinvest hotels feature green building designs such as double glazing, water-efficient fixtures, energy monitoring, and natural lighting.

Filinvest Hospitality plays a crucial role in the broader strategy of the Filinvest Group, which is focused on achieving accelerated growth to proactively contribute to the Philippine economy.