Hilton to no longer manage Cebu resort

HILTON Worldwide and Hilton Cebu Resort & Spa’s owning company Oikonomos International Resources Corporation will end their management agreement on March 31, 2011.

In a statement, Hilton said the termination was “mutually agreed upon and allows both parties to explore new opportunities independently”.

This will have no impact on local hotel team members who are employed by the owning company.

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