CLARK FREEPORT — The Clark Development Corporation (CDC) has formalized a lease agreement with Twin Cardinal Realty Corporation (TCRC) for the development of the ₱1.143-billion Ibis Styles Hotel Clark, a mid-scale hospitality project under the Accor Group.
The 250-room hotel will rise on a 6,000-square-meter site along C.M. Recto Highway with construction beginning first quarter 2026. Targeted for completion by early 2027, the property will feature 230 standard rooms and 20 family rooms, plus two restaurants, a gym, children’s play area, and reception lobby.
The project will generate 359 local jobs and contribute to Clark’s expanding hotel inventory, currently at 3,793 rooms as of December 2024.
“This is a very happy day,” CDC President and CEO Atty. Agnes VST Devanadera said during the signing. “Clark is bursting with activity and people. Every weekend, we welcome thousands of guests—runners, bikers, and their families—who are looking for no-frills, business-friendly accommodations.”
The lease underwent standard due diligence to ensure investor protection and alignment with government policies. “We wanted to ensure that the documents are foolproof, offering full protection and assurance to the investor. Tourism is a priority under the Strategic Investment Priority Plan (SIPP), and this project aligns with national development goals,” Devanadera added.
The hotel joins nearly 2,000 new rooms expected in coming years, including First Clark Hotel (286 rooms), opening fourth quarter; The Henry Resort Clark (40 rooms); Wyndham Garden Clark (150 rooms); Hilton Clark expansion (300 rooms); and Hann expansion (970 rooms).
Accor Group Director of Development Kash Salvador said: “We are confident that we will elevate the business tourism infrastructure in Clark, supporting its ongoing growth as a prime destination for both work and play.”
TCRC Vice President Jeffry Cruz added: “We chose Clark as our first location for Ibis Styles because of its fast-growing and highly accessible environment.”
