Beth Collingz, International Marketing Director of PLC International, lead marketing partners for PCPI's Lancaster Brand of Condotels in the Philippines said PCPI's hotel division currently operates the Lancaster Cebu Resort Residences condo rental operations and Lancaster Hotels, Land & Properties Inc will now add the operations of the Lancaster Suites Manila.
We are pleased to have reached the point of operations for the Lancaster Brand in Manila and believe this strategic investment will further PCPI's aim to be a niche market leader in Condo Hotel development in the Philippines. The synergies of PCPI's developments will help both PCPI and Lancaster Hotels, Land & Properties Inc grow to new heights. PLC International Marketing Networks are excited to be part of the PCPI Group and this marks a new chapter for the company and the brand. With PCPI Group's commitment, resources and support, Lancaster Hotels, Land & Properties will now be able to chart a future that will see the Lancaster Condotel brand reaching its potential. We will be working closely with PCPI to roll out brand initiatives and establish a stronger presence in the Philippine Condo Hotel marketplace added Collingz.
Lancaster Hotels, Land & Properties, together with PCPI, will allocate considerable resources and effort to augment the Lancaster Brand of Condotel portfolio across the Philippines. Foremost in the plans is the establishment of a significant presence in key cities of Metro Manila and Cebu. LHLPI will also be expanding its product range further into the leisure market as well as the extended stay market.
Lancaster Cebu Resort Residences, located a mere 3 minutes from Mactan-Cebu International Airport, provides guests with easy access to all the essentials of urban living. This ideal location will complement the Condotel operation since Lancaster Cebu will function as a condominium hotel ? a preferred accommodation choice of businessmen and holiday travelers alike. Guests can check-in to any of the executive studio suites for as low as $35 a night or to any of the two-bedroom loft rooms at $65 a night plus 13% Government Tax whilst longer term discounted rates for monthly and yearly lease rentals are also available said Collingz.
Lancaster Suites Manila, is centrally located along Shaw Boulevard, Metro Manila some 200 meters from EDSA-Shaw Boulevard Light Rail Transit Station and the Ortigas Center business district, provides guest access to its own unique Mini Mall feature with prerequisites of the urban dweller. Schools, hospitals, banks, restaurants, shopping malls, and leisure are all found within a few minutes from the Condotel. Clients can either purchase Condotel Suites for investment purposes or lease the units on weekly, monthly or yearly basis. For the soft launch, LHLPI will prepare special promotional room rates aimed at budget and business travelers whilst longer term discounted rates for monthly and yearly lease rentals are also to be made available said Collingz.
LHLPI will be even more committed to its guests and Condo Hotel partners. To support the Condo Rental Operations in Manila and Cebu, PLC International, apart from strengthening and expanding sales and marketing offices worldwide, there will be an emphasis to drive greater profitability for its hotel owners. Guests staying at the Lancaster Suites Manila and Lancaster Cebu Condo Hotels and Resorts can look forward to product and service enhancements which will make their stay even more memorable.
Beth Collingz PLC International Marketing Networks
There is no doubt that the nation's housing market has tendencies to hit some low points, but the market for land properties is a different story. In many states across the United States, there are ample properties for sale, be it ranch land, hunting land, or vacant land for sale for potential residential properties. Recently, there has been a rush to purchase land for sale from recreational land to the mountainous woodlands. Many people invest in land properties while prices are so low and affordable, with plans to create a retirement home.
In some ways, buying land and buying a second home are similar. They both have the potential to make money. A second house can make money through rental income. Land can make money through leases for farming, hunting, fishing, ranching, etc. Also, when buying a second home and buying land keep in mind that the most important component when looking for land for sale is location, location, location.
Because of the affordable acreage for sale, more people are finding vacant land for sale. It is said that remote backlands are now becoming popular since riverfront properties are being taken. But the land for sale has often times gone through the typical story; a picture perfect piece of land that stays just that-something to look at- but nothing more. When looking at vacant land for sale, it is important to ask the question: will a house be built? If so, take into consideration how electrical power and water can get to the property.
Also, if land properties are being bought as investments, remember that it might be tougher to sell if people are looking for houses, not land for sale. The US has 1.5 billion acres of rural land, which is estimated to be about 65% of the country. The prices of the land for sale vary widely, with rural land for sale costing about $250 an acre, while forest land for sale in Iowa is $3,000 an acre, and $27,000 an acre in Colorado for pieces of riverfront properties.
In some cases, it might make a lot of sense to buy land farther in advance if there is any intention of building on the property. Properties and land for sale tend to go fast, especially the scenic plots that many people are fond of.
When looking at land for sale, it might help to have a local land agent that can survey the land. Often times the property lines are not defined as well, and soils may be too soft to support a building in the spot that is intended to be built on. Also pay attention to the accessibility of the particular piece of land. Some properties have make-shift roads that end up not being legal roads.
In urban areas, properties are often zoned to prevent certain types of buildings. Rural land for sale, however, does not contain any zoning, so a dream property could one day be surrounded by shopping centers or mobile homes. Any local land agent will also be able to look up zoning permits and other caveats for the property and other land for sale around it.
Prices of land for sale often don't move in the same flow as housing prices. Home prices generally follow the trend of inflation rates. But for land properties, price appreciation typically ties in more closely with the potential of activities such as farming. In general, land prices do not fall as drastically as housing prices, since a housing market can be overbuilt, but land can't. On the other hand, land prices can be greatly affected by recreational demand. Land has become such a profitable investment recently, that the higher demand is increasing the prices of land for sale.
Both Lancastersuites & Groshan Fabiola are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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