March 28, 2017. Manila–STK Realty Development Corp, a sister company of Catarman Oil Mills, Dipolog Coconut Oil Mills, and other oil mills in the country is opening its first hotel in the south of Manila.
ZION City Escape & Resort Hotel, estimated to open in November 2018, is located along Alabang-Zapote Road. Set to have 213 rooms, the 1.5-hectare property will feature a state of the art spa, restaurants and function rooms, and a variety of facilities and in-house activities fit for a city resort; making it a new staycation destination in the south.
Mr. Stephen Roy Sio, owner and CEO of STK Realty, was happy to announce that he has chosen Enderun Hospitality Management (EHM) for Zion’s pre-opening technical services. At the contract signing that took place on March 28, 2017 at Enderun Colleges’ Restuarant 101. Sio talked about putting great value in working with millenials, believing that they are the market of the future, and a lucrative market at that because of their spending trends. Millenials tend to spend 80% of their income and save 20%, a direct opposite of the generation before them. EHM, Sio feels, has a good grasp of the millenial mindset, and as a businessman, he is looking to position his hotel ahead of the pack and anticipation for this growing spending market.
Enderun Hospitality Management is one of the fastest growing management groups in the country. Only five years old, it now handles 14 hotels between Manila, Boracay, and Davao.