Richmonde Hotel Iloilo
Megaworld Corp. broke ground for the PhP2.5-billion construction of a business complex in Western Visayas, which will include office buildings and a hotel. The Iloilo Business Park will rise on the 54.5-hectare lot in the former site of the old Iloilo airport. The project includes the construction of Richmonde Hotel Iloilo. The 12-storey hotel will have 90 guest rooms.