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Condo-Hotels - New Hotel phenomenon set to sweep the Philippines The emergence of the condominium hotel sector is becoming ever more apparent in the Philippine Hotel investment landscape. This alternative investment vehicle is already well established in the US and Europe and is set to become a part of the Philippine Hotel scene. Lancaster Hotels, Land & Properties Inc geared for growth as part of PCPI Group Following the announcement by Pacific Concord Properties Inc of the Soft Launch of Condotel operations for its Lancaster Suites Manila during December 2007, Lancaster Hotels, Land and Properties Inc is now set to become fully assimilated into the hotel division of PCPI. Lancaster Suites Manila Announce Launch Date for Condotel Operations The Lancaster Suites Manila, Philippines, a Brand Name Condotel Investment of Pacific Concord Properties Inc, will soon be ready to accept guests on short and long term leases. Under management of Lancaster Hotels, Land and Properties, Inc. [LHLPI], rental operations will be soft launched from December 2007 Pacific Concord Properties Inc Expands Cebu Philippine Condotel Operations Philippine based Condotel Developer PCPI acquires additional condo units for its Lancaster Cebu Resort Residences Condo Hotel Operations to meet rising demand for short term accommodation in the central Philippines Philippine Condotel Investments US Road Show Sales Hit $8.9 Million US based Investors and Philippine-Americans bought up $8.9 Million worth of Condo Hotel Suites at Lancaster The Atrium Manila as an alternative supplemental income source to Pension and Retirement Plans during the companies recent US Sales Blitz United Kingdom property investors are emerging as the biggest market for Philippine Condotels According to a recent survey by Barclays Bank plc, there are over 2.2 million overseas property owners in the UK with the survey suggesting that this number will double by 2010. When you consider these facts along with aging population, increased property wealth, Self-Invested Pension Plans and leisure lifestyle aspirations of the populous it is easy to see why many shrewd property investors are looking for better lifestyle and hassle free overseas ownership and why many advisors are looking aside from the traditional UK buy to let and Spanish holiday let for property options for Condotel Investments in the Philippines.

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