Megaworld to build 374-room hotel

MEGAWORLD has reported that it will be constructing its first-ever hotel development in northern Luzon.

In a press release sent to the Philippine Stock Exchange, the company said the 16-story, 374-room Savoy Hotel will rise inside its 35.6-hectare Capital Town Pampanga.

Rising as the fifth property under the Savoy Hotel brand of Megaworld Hotels and Resorts, Savoy Hotel Capital Town will be strategically located along San Fernando Boulevard in an area that will have the most concentration of tourists and guests inside the township, the company said.

The hotel will rise near the soon-to-rise Capital Mall. It will also be surrounded by residential condominiums, office developments and the iconic Plaza Pasudeco, Megawide said. (PR)