Forbes magazine recently picked the Philippines as among seven countries that can become world-class destinations once the COVID-19 crisis is over.
Such endorsements can lure back investors who are in the hunt for guaranteed returns.
One such investment is Ridgewood Premier hotel in Fort Bonifacio, which offers a guaranteed 6% annual return on investment, plus another up to 6% performance bonus per annum based on hotel occupancy.
Ridgewood Premier Hotel is set to open its doors to local and foreign guests by early 2023, or about the time global economic activity will have picked up immensely.
“We are excited to become a major contributor to the eventual rise of the Philippine tourism industry, which has no way to go but up as the world slowly climbs out of the economic rut caused by COVID-19,” said Alfonso Keh Jr., treasurer at Novel Residential Concepts Inc., the developer of Ridgewood Premier Hotel.
The 168-room prime facility on C-5 Road adjacent to BGC has units ranging from Standard Suite (24.8 sq. m. at P3.54 million), to a Two-Bedroom Suite (55.7 sq. m. at P6.92 million). Investors can choose between two payment schemes spread over 24 months.