Iloilo grand hotel, a standard class hotel that provides room accommodation, function room use, food service, and other services is a business venture of four successful entrepreneurs, having their own specific field of interest.
Alfonso Tan, Marcelino Florete Jr., Romeo Go, and Rudy Tiu are four established names in business industry not only in Iloilo but in other places outside of the province, each having his own business that provide products and services to the community.
The first business venture of these four business tycoons was a restaurant which was located at amigo terrace hotel, Lee Garden. It was a restaurant that provided clients with a bountiful cuisine at affordable prices. It did not take long for the restaurant to have its own circle of patrons and loyal costumers. With its friendly and unique service, Lee Garden became the talk of the town.
However, long years of great food and wonderful service do not guarantee a lifelong business. The closure of Lee Garden could be attributed to a lot of factors, change in people’s preferences, economic problems, and new competition in the food industry. The closing of their previous business venture paved the way for a shift in the interest of partners.
The shift was initiated by the acquisition of the land by Mr. Florete; the site where Iloilo grand hotel stands today was once a condemned building and idle land. The reason for the acquisition of the land was to put up a real estate business. By the late 1990’s there was an increase in the profitability of the real estate business. The partners seemed to welcome the idea of establishing their own real estate business.
However with the onset of the 21st century, the real estate business became shaky and its profitability became to a drop, owing to the fact that the market for real estate became too saturated because of the influx of the real estate businesses. With this new development, the partners decided to engage in the hotel industry business.
Each of the partners has a direct or indirect background in the hotel industry. Mr. florete contributed his skills and knowledge of running a hotel, since he is an experienced hotelier – owner of cebu business hotel in cebu city, he basically knows the ins and outs of running a hotel. Thus with his contribution he became the major stockholder of the corporation. Mr. Tiu owner of Imperial Appliances provided the hotel, the latest state of the art facilities and equipment. Mr. Tan, a giant in the construction industry, was the primary mover in the planning and development as well as the construction of the hotel. And finally, Mr. Romeo Go, the man behind the famous Sam’s footwear contributed financially to the corporation.
The construction of the hotel began on 2001. by December 8, 2003, the hotel formally began its operations. Iloilo Grand Hotel is located at Iznart St., Iloilo.
The four partners now serve as the four stockholders of the corporation as well as the Board of Directors of the company. Mr. Rudy Tiu was elected by the board to become the chief Executive Officer/President of the hotel.
Iloilo Grand Hotel has a total of 107 rooms available to accommodate guests. The hotel also has 21 function rooms for banquets and special occasions. The hotel also has three restaurants which provide guests sumptuous and mouth-watering dishes. Among the other services provided by the hotel include, car rental services, safety deposit box, secured basement parking, massage service and spa and fitness center.
Club Ilonggo
When the hotel started, Club ilonggo was a restaurant-nightbar catering to the younger generation, providing rave and party music and even live bands. However after a few months, the management decided to convert club ilonggo into a function room. Now club ilonggo serves for parties, dinner events, product launches, seminars and training, and other functions.
Iloilo Grand Palace Cuisine
When the hotel started, Iloilo Grand Palace Cuisine was better known as “lumpia Houseâ€. It was partly owned and managed by Mr. Tony Co. Lumpia was a lessee and paying monthly rent to the hotel. It was a sort of a branch of Mr. Co’s Lumpia House in Cebu, which was a popular Chinese restaurant. Before its first year anniversary, lumpia house was absorbed by Iloilo Grand Hotel by November 2004. the name Lumpia House was changed to Iloilo Grand Palace Cuisine. All previous employees of lumpia house were also absorbed by the hotel. The hotel also purchased all the equipment and machineries of the Lumpia House, majority of the equipment and machineries of the hotel were brought down to the kitchen of Grand Palace except for permanent fixtures that could not be removed. Now Iloilo Grand Palace is still serving Chinese cuisine and continues to bring in a large number of clients, most of which are Chinese.
Iloilo Grand Day Spa and Fitness Center
Provides hotel guests and clients with pampering services that relax and rejuvenate.
Pasalubong Center
The Pasalubong Center is one of the newest additions to the hotel. It is also a lessee similar to Acropolis. It pays monthly rent to the hotel as well as for its use of utilities such as electricity as well as water. The pasalubong Center caters mostly to hotel guests who are not from Iloilo The center sells Ilonggo delicacies and products as well as souvenir items like t-shirts, key chains, and other trinkets.
Iloilo Grand Hotel, like most businesses also has its pool of corporate clients. These clients are those loyal clients that most of the time hold their functions or utilize the hotel’s room or avail of the hotel’s food service. These clients range from government agencies to business establishments and even private individuals. These clients are given a corporate discount of 10% upon the availing of then services of the hotel upon request.
Currently, the hotel is approaching its fourth year of operation and still continues to attract a large clientele network aside from the already established clients through the provision of unique services that are not found in other establishments. Despite the current conditions of the economy, the hotel remains steadfast in achieving its goals.
Alfonso Tan, Marcelino Florete Jr., Romeo Go, and Rudy Tiu are four established names in business industry not only in Iloilo but in other places outside of the province, each having his own business that provide products and services to the community.
The first business venture of these four business tycoons was a restaurant which was located at amigo terrace hotel, Lee Garden. It was a restaurant that provided clients with a bountiful cuisine at affordable prices. It did not take long for the restaurant to have its own circle of patrons and loyal costumers. With its friendly and unique service, Lee Garden became the talk of the town.
However, long years of great food and wonderful service do not guarantee a lifelong business. The closure of Lee Garden could be attributed to a lot of factors, change in people’s preferences, economic problems, and new competition in the food industry. The closing of their previous business venture paved the way for a shift in the interest of partners.
The shift was initiated by the acquisition of the land by Mr. Florete; the site where Iloilo grand hotel stands today was once a condemned building and idle land. The reason for the acquisition of the land was to put up a real estate business. By the late 1990’s there was an increase in the profitability of the real estate business. The partners seemed to welcome the idea of establishing their own real estate business.
However with the onset of the 21st century, the real estate business became shaky and its profitability became to a drop, owing to the fact that the market for real estate became too saturated because of the influx of the real estate businesses. With this new development, the partners decided to engage in the hotel industry business.
Each of the partners has a direct or indirect background in the hotel industry. Mr. florete contributed his skills and knowledge of running a hotel, since he is an experienced hotelier – owner of cebu business hotel in cebu city, he basically knows the ins and outs of running a hotel. Thus with his contribution he became the major stockholder of the corporation. Mr. Tiu owner of Imperial Appliances provided the hotel, the latest state of the art facilities and equipment. Mr. Tan, a giant in the construction industry, was the primary mover in the planning and development as well as the construction of the hotel. And finally, Mr. Romeo Go, the man behind the famous Sam’s footwear contributed financially to the corporation.
The construction of the hotel began on 2001. by December 8, 2003, the hotel formally began its operations. Iloilo Grand Hotel is located at Iznart St., Iloilo.
The four partners now serve as the four stockholders of the corporation as well as the Board of Directors of the company. Mr. Rudy Tiu was elected by the board to become the chief Executive Officer/President of the hotel.
Iloilo Grand Hotel has a total of 107 rooms available to accommodate guests. The hotel also has 21 function rooms for banquets and special occasions. The hotel also has three restaurants which provide guests sumptuous and mouth-watering dishes. Among the other services provided by the hotel include, car rental services, safety deposit box, secured basement parking, massage service and spa and fitness center.
Club Ilonggo
When the hotel started, Club ilonggo was a restaurant-nightbar catering to the younger generation, providing rave and party music and even live bands. However after a few months, the management decided to convert club ilonggo into a function room. Now club ilonggo serves for parties, dinner events, product launches, seminars and training, and other functions.
Iloilo Grand Palace Cuisine
When the hotel started, Iloilo Grand Palace Cuisine was better known as “lumpia Houseâ€. It was partly owned and managed by Mr. Tony Co. Lumpia was a lessee and paying monthly rent to the hotel. It was a sort of a branch of Mr. Co’s Lumpia House in Cebu, which was a popular Chinese restaurant. Before its first year anniversary, lumpia house was absorbed by Iloilo Grand Hotel by November 2004. the name Lumpia House was changed to Iloilo Grand Palace Cuisine. All previous employees of lumpia house were also absorbed by the hotel. The hotel also purchased all the equipment and machineries of the Lumpia House, majority of the equipment and machineries of the hotel were brought down to the kitchen of Grand Palace except for permanent fixtures that could not be removed. Now Iloilo Grand Palace is still serving Chinese cuisine and continues to bring in a large number of clients, most of which are Chinese.
Iloilo Grand Day Spa and Fitness Center
Provides hotel guests and clients with pampering services that relax and rejuvenate.
Pasalubong Center
The Pasalubong Center is one of the newest additions to the hotel. It is also a lessee similar to Acropolis. It pays monthly rent to the hotel as well as for its use of utilities such as electricity as well as water. The pasalubong Center caters mostly to hotel guests who are not from Iloilo The center sells Ilonggo delicacies and products as well as souvenir items like t-shirts, key chains, and other trinkets.
Iloilo Grand Hotel, like most businesses also has its pool of corporate clients. These clients are those loyal clients that most of the time hold their functions or utilize the hotel’s room or avail of the hotel’s food service. These clients range from government agencies to business establishments and even private individuals. These clients are given a corporate discount of 10% upon the availing of then services of the hotel upon request.
Currently, the hotel is approaching its fourth year of operation and still continues to attract a large clientele network aside from the already established clients through the provision of unique services that are not found in other establishments. Despite the current conditions of the economy, the hotel remains steadfast in achieving its goals.
