In a statement, the local hotel and property management company said it will take on the overall management of the resort, including day-to-day operations, financial results, sales and marketing, facilities repairs, maintenance, and human resource management.
“We are very glad to have HII on board and we are excited to see how we can work together to propel ACEA to greater heights starting this summer,” Kenneth L. Sytin, one of the owners of ACEA Subic Bay Resort, was quoted as saying.
Luis Monserrat, founder and chief executive officer of HII, said ACEA can become the top resort destination in Subic.
“HII’s role is to bring our management, operational, and service expertise to be able to realize the potential this property has,” Mr. Montserrat said.
HII specializes in management, operation, and rental of condominium hotels, and residential condominiums. It currently manages 20 properties.
Launched in late 2016, ACEA has 128 rooms overlooking the sea, a private beach, and sports facilities including a swimming pool with a view of Subic Bay.
The resort is located along former Dungaree Beach in San Bernardino Road, Subic Bay Freeport Zone, Zambales, which is only four hours away from Manila.
Aside from ACEA, the Sytin family’s business interests include United Auctioneers, Inc., an industrial auction company operating in Subic Bay; Chinese truck brand Foton Philippines; and listed company LMG Chemicals Corp.
January 2019, Entrepreneur Philippines, “HII begins managing ACEA Subic resort”