Despite the global economic downturn, SM Investment Corp. is said to be constructing the SM Bacolod Hotel near SM City Bacolod. The rumor has been going on in online forums and a source from SM City Bacolod disclosed that the construction may commence this year.
Truth be told, SM Bacolod Hotel may soon become not just a rumor but a reality since had a press released on their plans to build a “businessman’s hotel” either in Iloilo or Bacolod. Sm Hotel Bacolod may be built first since there’s already a design for the hotel done by Lor Calma Design, Inc.
The hotel is proposed to be located at the bay area so it will really have an excellent view of the sunset.
Photo by mooncake
SM Hotels will be named SM Casa and this is a 5 year plan to build 14 low-rise hotels, location of which will be selected from SM City’s 31 shopping malls nationwide.
Main features of SM Casa are:
- 50 rooms minimum
- Average Rate Php2,000
- Room size – 24sqm
- Smart construction budget
- Tech smart
- International hotel operator
- Outsourced F&B to fastfood marketleader
- Wedding Hall
Interiors will probably look like this picture taken from SM Hotel Investment Group.
SM Investment Corp. must be banking on the growing demand for hotel accommodations due to the increase in tourist arrivals and movement of people in Bacolod City.
SM Bacolod Hotel will be a big boost to Bacolod City’s economy since a 50-room hotel could cost the company between P300 million to P500 million. This would also mean more jobs for the Negrenses since this project will be hiring locals for the construction and for hotel staff.