Philippines: The Ascott Limited in partnership with Iconic Resorts Properties will open the Citadines Mactan Cebu Resort in 2028.
The project, which broke ground last week, is being developed by Iconic Resorts Properties – a subsidiary of the Tanchan Corporate Group.
When complete it will feature 303 rooms and serviced residences, alongside amenities such as a rooftop and beachfront pool, wellness and spa facilities, a fitness centre, ballrooms, all-day dining, and a lounge.
Citadines Mactan Cebu Resort also offers a fully managed ownership model with no monthly dues. Individuals that acquire units can earn a passive income from bookings, managed entirely by Ascott.
“This Ascott-managed resort property invites guests to enjoy a relaxed lifestyle with the comfort and quality of international hospitality. It’s also a great opportunity for investors to be part of a hotel project managed by a trusted global brand like Ascott,” said Giovanni Ong, president of Iconic Resorts Properties Inc.
“More than just owning a unit, you’re putting your money into something that can earn for you and grow in value over time. It’s a practical choice for those in Cebu and across the Philippines who want to make the most out of their investment,” he added.
Renan Reyes, regional manager of The Ascott Limited Philippines, said: “This Ascott-managed development is designed to set a new benchmark for resort hospitality in the country. Citadines Mactan Cebu Resort reflects our ‘live, work, and play’ concept, integrating eco-friendly practices and green building features to meet evolving guest expectations.”
Highlights:
• The Ascott Limited, in partnership with Iconic Resorts Properties, will launch Citadines Mactan Cebu Resort in 2028.
• It will feature 303 rooms and residences, alongside rooftop and beachfront pools, wellness and spa facilities, a fitness centre, ballrooms, dining venues, and more.
• The property also offers a fully managed ownership model, allowing investors to earn passive income from bookings with no monthly dues.
