Enterprise
AppleOne Group Among Top 10 Developers in Recent Property Market Report
AppleOne Group, a Cebu-based and homegrown property developer, was named the 7th leading developer by pipeline keys in the recent Philippine Property Market Report released by the Leechiu Property Consultants, Inc. research team, surpassing other well-established names in the country.
AppleOne is expected to deliver several high-quality projects in the coming years as a timely response to a growing demand for upper midscale and upscale hotels. With 1,063 keys, the company is among the top hotel developers that will contribute to the 40,084 keys to be added to the existing inventory in the next six to seven years, amounting to 250 billion pesos.
As a leading name in Cebu real estate, AppleOne remains committed to developing iconic and innovative projects that inspire through excellence and best practices. By putting passion and compassion at the heart of its operations, the company has created a growing portfolio that includes mixed-use commercial spaces, office buildings, residential communities, hotels, resorts, and healthcare facilities.
In the same report by Leechiu, Radisson Hotels and Marriott International, whom AppleOne has partnered with for its future developments, have been identified as two of the leading international operators by pipeline keys.
“We take immense pride in every property and partnership AppleOne has forged. We are able to effectively materialize our goal of bringing international standards to the VisMin region and responding to the demands of the market we serve, while being a significant contributor to the economic growth of the country” Ray Go Manigsaca, AppleOne Group President & CEO stated. “We intend for our projects to serve as landmarks of strength, reflecting a dedication to both community impact and quality.”
In its 2024 Philippine Accommodation Pipeline Report, Leechiu also cited Lapu-Lapu City and Panglao Island as the first and second destinations with the most significant accommodation developments. Manigsaca’s visionary leadership is evident in the choices of development locations and partnerships AppleOne forges into fruition, as he has invested in developing the Sheraton Cebu Mactan Resort and Residences that is nestled in the heart of Lapu-Lapu, and in JW Marriott Panglao Island Resort and Spa which is poised to be a sought-after five-star resort in Panglao, as well as the JW Marriott Residences Panglao Island which is set to open in 2027.
In its relentless pursuit of tourism growth potential, AppleOne has boldly partnered with Radisson Hotel Group to build the first five-star hotel and internationally-branded residences in Cagayan de Oro city, which is expected to be the fourth largest metropolitan center in the country based on its projected population growth and role as a major gateway and transshipment hub in Northern Mindanao according to the National Economic and Development Authority (NEDA) Philippine Development Plan 2017-2022.
AppleOne’s upcoming developments reflect the company’s commitment to innovative, community-focused spaces that cater to both business and leisure travelers. These developments strengthen AppleOne’s brand and ability to excel in bringing its foresight to fruition.
AppleOne vows to remain committed to its mission to help transform the region through development projects that not only are successful but also make big impacts on the community and the bigger industry. (MCN)