Cebu Landmasters Inc. (CLI) grew its expanding hospitality portfolio with the opening of lyf Cebu City, the listed company's third operational hotel. Designed to serve young travelers looking to immerse in local cultures, lyf Cebu City is located at CLI's mixed-use property Base Line Center in mid-town Cebu near Fuente Osmena Circle, a key venue of the vibrant Sinulog Festival held every January in the city. The hotel offers 159 rooms of One of a Kind (studio queen), Side by Side (studio twin), All Together (2-bedroom) and All Together (4-bedroom) units, while presenting convenient access to surrounding commercial and essential establishments.

Like the latter, lyf CebuCity is also operated by international hospitality group The Ascott Limited. In its mission to strengthen its hospitality business, CLI also has partnerships with other international hotel operators, including Radisson and Accor, and with local players like the Abaca Group. The opening of lyf CebU City gives CLI 10 projects under its hospitality portfolio, which now features more than 1,700 keys and 316 rooms currently completed.

Another hotel from the listed company is underway with the 200-room Citadines Bacolod City set to open in March 2024. Radisson Red with 144 rooms will also open by the end of the year. Unaudited revenue from the listed company's hospitality business shows a 67% increase year-on-year in 2023.

The strong performance supports the study published last year by property expert Colliers International, with CLI remaining as the number one real estate developer in the VisMin region. The new hotel presents 159 rooms and is strategically located near the metro's iconic Fuente Osmena Circle. The opening of lyfCebu City strengthens CLI's hospitality portfolio while signaling the company's confidence in VisMin's growing tourism sector.

Cebu Landmasters subsidiary CLI Hotels & Resorts now has 10 hotels with more than 1700 keys, three are fully operational including lyf Cebu City. The opening of lyf cebu City is located atCLI's mixed-use property Base line Center in mid-town Cevu near Fuente Osmen a Circle, a key venue of The vibrant Sinulog Festival held each January in the city. The company offers 159 rooms of One of A Kind (studio queen), side by Side (studio twin, All Together (2-bedroom), All Together (4-bedroom).

All Together (4-bedroom") units, while presenting convenient access To surrounding commercial and essential establishments. like the latter, lyf CBBBBBBBbbbu City is also operated by international hospitality Group. The opening of lyF Cebu City gives CLI 10 projects under the hospitality portfolio, which now features More than 1,700 keys and316 rooms currently completed.

Another hotel From the listed company is underway with The Ascott Limited. In the mission to strengthen its hospitality business. Radisson and Accor, the company also has partnerships with other international Hotel operators, including Radisson andAccor, and with local players such the Abaca Group.

The opened of lyf CebuCity gives CLI 10 projects under its hotels under its hospitality portfolio, which is underway with the 200- room Citadines BacolodCity set to open in March 2024; Radisson Red with 144 rooms are currently completed. Another hotel from The listed company is underway with the200-room Citadines Bacalod City set to open inMarch 2024. Radisson Red with144 rooms will also open by theend of the year.

UnaUDited revenue from the listed company' hospitality business shows a 67% increasing year on-year in 2023.