Torre Lorenzo inks contract for Dusit Princess Hotel Lipa
Seated (from left to right) are TLDC president and CEO Tomas Lorenzo, Dusit Thani Philippines Inc. vice chair Evelyn Singson and Suphajee Suthumpun, Group CEO of Dusit International. Standing (from left to right) are TLDC CFO Noel Rapadas, TLDC COO Lalaine Regina and Dusit International COO Lim Boon Kwee.
Torre Lorenzo Development Corporation (TLDC) recently formalized the company’s partnership with Dusit International and Dusit Thani Philippines Inc. to develop Dusit Princess Lipa, the first premium hospitality development in Lipa, Batangas.
The 152-room Dusit Princess Lipa is located in Tierra Lorenzo Lipa. Dubbed as the first urban lifestyle center in Lipa City, the development also houses two residential condominiums. Hotel offerings include an all-day dining restaurant, a fully equipped gym, a swimming pool and function rooms.
“Lipa, Batangas, over the past few years, has exhibited solid economic growth which shows signs that it is an emerging key city. With the addition of Dusit Princess Lipa, Tierra Lorenzo Lipa is expected to change the leisure and real estate landscape in the area,” said TLDC president and CEO Tomas P. Lorenzo.
“As our relationship with Torre Lorenzo Development Corporation strengthens, we are delighted to extend our partnership with this new project,” said Suphajee Suthumpun, Group CEO of Dusit International. “As the first internationally-branded hotel in the area, Dusit Princess Lipa is positioned to tap into the fast-growing domestic and leisure market.”
“Dusit Thani Manila has been in the Philippines for 10 years and has built a strong reputation in providing the distinct Thai hospitality and service that only Dusit can. As we continue to expand the Dusit footprint in the Philippines, we are confident that we have found the right partner in Torre Lorenzo,” said Evelyn Singson, vice chair and president of Dusit Thani Philippines Inc.
Article continues after this advertisement“Here, the best of Thai and Filipino hospitality come together. Leveraging on a seamless combination of traditional Thai and Filipino hospitality, we will elevate luxury and real estate in Lipa, Batangas,” Singson said.
Article continues after this advertisement“As a real estate developer, we do not go with trends. We aim to provide an upgraded and elevated lifestyle for emerging affluents for communities in evolving cities all over the country,” Lorenzo added.
In January 2019, TLDC will complete Davao’s first luxury complex which houses the Dusit Thani Residence Davao and dusitD2 Davao hotel in Lanang, Davao City. The company continues to expand its portfolio which features premium university residences, multi-use complexes, leisure destinations and townships across the country.
