BIZ BUZZ: Discovery World makes Siargao debut
Siargao remains a popular destination, and it’s not just for tourists.
Developers are also eyeing the Mindanao island known for attracting Gen Zs and millennials, including celebrity Nadine Lustre, with its scenic beaches and surfing spots.
This time, luxury resort and hotel operator Discovery World Corp. (DWC) wants to make waves with a hotel and hostel combo, taking advantage of the current travel boom.
DWC, through subsidiary Lucky Cloud 9 Resort Inc. and property management arm Discovery Hospitality Corp., broke ground for the 7,000-square-meter Kip&Kin on Jan. 10.
Slated to open in 2027, the facility located near the Cloud 9 surfing spot is expected to house 34 hotel rooms, 48 hostel beds and retail spaces.
With the island seemingly never out of tourists, DWC made sure to save some of its 2.6-hectare lot area in General Luna for “future expansion phases of additional rooms and retail spaces.”
“Kip&Kin is more than just a place to stay; it’s a lifestyle brand where guests can immerse themselves in the energy of Siargao’s vibrant culture and natural splendor,” DWC chair and CEO John Tiu Jr. said in a statement on Thursday.
DWC, of course, is not stopping there. The company is also eyeing another Kip&Kin branch in Vanilla Beach El Nido and San Vicente, Palawan province.
Beach, anyone?
