Affordable hotel chain RedDoorz targets to triple the properties in its portfolio as it picks up its asset management to round up to five the number of accommodation brands across the group.

In a press briefing, Miguel Capistrano, RedDoorz Philippines country manager, said the group’s over 300 hotel properties registered a 45-percent growth in dollar revenues as of the end of the third quarter from the first quarter, due partly to a new-found market, quarantine accommodation for returning Filipinos.
By middle of next year, RedDoorz sees its properties reaching 500, or double its current network.
Capistrano sees revenues to perform in the same rate.
Capistrano sees leisure accommodation to surpass 2021 or even double especially as the country reaches herd immunity, borders are reopening and more Filipinos are willing to travel domestically to test the waters before they fly internationally.
The Sans hotel brand, introduced In July, will double its properties in mid 2022 from the current 10.
Capistrano said RedDoorz is in talks with potential property owners to bring in Sonera, a four-star full-service hotel brand with initially one or two set up by next year. By the second half of 2022, the group will introduce Urban Views, a minimalist hotel, to be followed by its vacation rentals brand o.f hotel
The group is looking at expanding further its footprint to Cebu,Palawan, Davao, Cagayan, Baguio and Zambales. – Irma Isip