Rockwell ventures into beach resort
Speaking of Rockwell Land Corp., the property arm of the Lopez Group, is close to acquiring a beach resort in Cebu province.
Rockwell Land president Nestor Padilla said the company had plans to bring its Aruga Hotel brand to Mactan Cebu.
“We are bullish about Cebu, especially with the airport project. At this point, we will want to make sure we have the right components for the project,” Padilla said.
This will be the first beach resort project of Rockwell Land, which started operations in 1995 with the redevelopment an old thermal power plant complex into an upscale mixed-use community now known as Rockwell Center in Makati City. Jenniffer B. Austria