From January to September 2015, the region recorded 1,874,587 tourists, up by 4.10 percent compared to 1,800,726 tourists for the same period in 2014.
The city’s MICE market has been booming since the opening of SMX Convention Center in 2012 and hotels.
The latest addition will be the eight-storey Go Hotels Davao, which is set to open next month, bringing the total rooms of the city’s accommodation facilities to around 8,000.
This was announced by Ivan Chin Cortez, Davao City Investment Promotion Center officer-in-charge during Kapehan sa Dabaw at SM City on Monday, who said the latest hotel has 183 rooms.
“The project aims to provide ‘a place for every Juan’. The board unanimously approved the project for local incentives owing to the growing need for more accommodation options in the city,” he said in a separate statement.
Go Hotels Davao, located in Lanang, is a joint project of Robinsons Land and Davao-based Udenna Development Corp., the holding company of Phoenix Petroleum.
The budget hotel accounted for the biggest investment in the city last year with P576 million project cost infused as of Nov. 18, 2015.
Robinsons Land has 10 Go Hotels across the country.
Robinson’s projects included Cybergate Davao, Delta Residences, and Robinson’s Place in Tagum City.