Filinvest Hospitality Corporation is poised to develop a 730-square-meter prime property in Camp John Hay, Baguio City, after securing a six-year lease contract from the Bases Conversion and Development Authority (BCDA) and John Hay Management Corporation (JHMC).
The official agreement was signed on Tuesday at the BCDA Office in Taguig City.
The property, located along Sheridan Drive, is adjacent to the Grafik Hotel Collection Baguio, a new hotel project by Filinvest that topped off on June 14.
Filinvest plans to transform the space, formerly occupied by Cantinetta, into ‘The Hay Diner,’ a restaurant that will integrate existing architectural elements with modern sustainable features like inverted air conditioning units, LED lighting, water-efficient fixtures, and low-VOC paint.
“We envision this new project to become a valuable addition to Baguio’s vibrant restaurant scene. It also aligns with our plans to not only expand our hotels and resorts but also our investment in new F&B ventures,” said Francis C. Gotianun, First Senior Vice President of Filinvest Hospitality.
The Grafik Baguio hotel, a 5,700-square-meter, 256-room full-service establishment, is being constructed in line with the EDGE Green Building Program of the International Finance Corp. Filinvest aims to unveil the hotel’s sustainable design by the first quarter of 2025.
“Our goal is to expand our business while enhancing the natural attractions of the Philippines, ultimately boosting the country’s tourism industry. We are excited for the chance to reinvigorate tourism activities in Baguio and are committed to doing it conscientiously to preserve the area’s beauty for generations to come,” Gotianun added.
Atty. Marlo Ignacio V. Quadra, President and CEO of JHMC, expressed enthusiasm about the new venture, stating, “These soon-to-rise amenities blend modern comforts with breathtaking natural surroundings, serving as a strong example of how economic development and environmental preservation can coexist harmoniously.”
BCDA President and CEO Joshua M. Bingcang echoed the sentiment, “We are elated to partner once again with Filinvest Hospitality Corp. in bringing this new restaurant venture to Camp John Hay. With FHC’s expertise in providing exceptional customer experience and its dedication to paying homage to Cordilleran heritage, we are sure this restaurant will make a mark in Baguio’s rich culinary scene.”
Filinvest Hospitality’s portfolio includes Crimson Resort and Spa Boracay, Crimson Resort and Spa Mactan, Crimson Hotel Filinvest City Manila, The Quest Hotels & Resorts, and Timberland Highlands Resort. Its culinary brand, Baker J, operates in several locations, including Crimson Alabang and Bonifacio Global City.
The Hay Diner will offer a fusion of classic American dishes with Cordilleran influences and will be managed by Chroma Hospitality Inc., a subsidiary of Filinvest Development Corporation.
Business News Asia