Oikonomos International Resources Corporation ended its management agreement with Hilton Worldwide after six years of contract in the property owner’s boutique resort in Mactan Island, Cebu.
A Swiss company, Mövenpick Hotels & Resorts, has taken over management since April, rebranding the property into Mövenpick Resort & Spa Cebu.
While Mövenpick is yet to achieve beyond 70, Hilton has already reached 540 branded hotels worldwide. Famous hotelier Conrad N. Hilton founded the hotel in 1919.
Hilton was a UP AIT partner in practicum programs.
Photo courtesy of travel.groovenet.ph