A luxury property, whose investors include Diethelm Travel CEO Stephan Roemer and Top Line Group managing director Heinz Zimmermann, has finally broken ground in Cebu’s Bantayan Island.
Using sustainable materials, The Ocoy Hotel and Villas by the sea will have 101 pool villas and feature an array of amenities including two exclusive restaurants and bars, wellness and spa facilities, basketball and tennis courts, and a dedicated kids’ club and family pool.
The villas are being sold under the mixed-use ownership concept wherein buyers can opt to reside there with a la carte service packages or put the units for hotel operations for guaranteed profit and three-week holidays each year.
The villas for hotel operations will be shown as part of the inventory of the hotel booking system.
The developer, PhilSwiss United Holdings, is owned and managed by Swiss, Thai and Filipino citizens with Zimmermann as board chairman and Roemer as one of the directors.
The Ocoy Hotel and Villas will be operated by the Burasari Group of luxury hotels and resorts in South-east Asia, which owns properties in Thailand, Laos and Cambodia. The group’s owner and managing director, Lily Udomkunnatum, is also a director of PhilSwiss Holdings.