Cebu Landmasters opens 200-room Citadines Bacolod City, Bacolod’s largest international hotel

• CLI opens Citadines Bacolod City, its fourth operational hotel and the largest international hotel in Bacolod City.

• Citadines Bacolod City is a project of CCLI Premier Hotels, a joint venture of CLI and Capitaine Inc.

• Cebu Landmasters’ hotel portfolio with over 1700 keys is managed by CLI Hotels and Resort, a subsidiary of the listed company.

• CLI is set to complete Citadines Paragon Davao and Radisson Red at the end of 2024.

Leading developer in VisMin Cebu Landmasters, Inc. (CLI) expands its footprint in the Visayas and Mindanao (VisMin) tourism industry with the opening of the 200-room Citadines Bacolod City, the listed company’s first hotel outside Cebu City and the largest international hotel in Bacolod.

The tourism sector in VisMin is on the upswing and CLI stands to benefit from this growth with six more hotels to be launched in the next two years.

“We are expecting our hospitality business to rise as we now have over 1700 keys in our portfolio. Our hotels are already performing well as of the first quarter of 2024, with a revenue surge of 37% year-on-year. The launch of Citadines Bacolod City, in addition to our three operational hotels in Cebu, will definitely reinforce this growth,” said CLI Chairman and Chief Executive Officer Jose Soberano III.

Operated by The Ascott Limited, the P2 billion Citadines Bacolod City is a project of CCLI Premier Hotels, a joint venture of CLI in partnership with Capitaine Inc. led by Alec Lustre as company President.

“We are excited for the opening of the largest international hotel in Bacolod City that features five amenity areas and five food and beverage outlets. Citadines Bacolod City also has a business lounge and meeting rooms for conferences,” highlighted Mathias Bergundthal, Director of Asset of CLI Hotels and Resorts, the CLI subsidiary that manages the company’s hospitality portfolio.

Citadines Bacolod City has a 1000-sqm convention center with a pillarless ballroom perfect for corporate or non-commercial gatherings. “Our ballroom can accommodate up to 650 heads and we will already be accepting MICE event bookings starting in July 2024,” said Bergunthal.

Located strategically along Lacson Avenue, Citadines Bacolod City is just 30 minutes away from the Bacolod-Silay airport and the North Bus Terminal. It is also very close to all major tourist attractions and go-to places in Bacolod.

The property has three rooms available for the following opening rates: Studio Deluxe at P4000 per night, Studio Premiere at P4500 per night, and 1 Bedroom Deluxe at P5800 per night. All these are inclusive of breakfast for two, wifi access, use of recreational facilities, daily housekeeping and complimentary parking. Guests who will be availing of the introductory rates will also enjoy a 20% discount on all food and beverage outlets.

CLI has three operational hotels in Cebu City, namely: Citadines Cebu City with 180 rooms, lyf Cebu City with 159 rooms, and The Pad Co-Living with 258 rooms. The listed company is also set to complete Citadines Paragon Davao with 263 rooms and Radisson Red with 144 rooms by the end of 2024. Construction and development is underway for Sofitel Cebu City, Abaca Resort Mactan, Mercure Cebu Downtown and Magspeak Mountain Resort & Villas.

“We now have four operational hotels and six are to be opened in the next two years. All of these 10 CLI hotels in key areas in VisMin are poised to drive future hospitality revenue growth for the company,” Bergundthal added.