DAVAO-BASED property developer Damosa Land, Inc. (DLI) expects to enter 2026 on a strong note with the opening of its 100-room TRYP by Wyndham Samal, which is seenDAVAO-BASED property developer Damosa Land, Inc. (DLI) expects to enter 2026 on a strong note with the opening of its 100-room TRYP by Wyndham Samal, which is seen

Damosa Land upbeat on 2026 as Samal hotel launch nears

DAVAO-BASED property developer Damosa Land, Inc. (DLI) expects to enter 2026 on a strong note with the opening of its 100-room TRYP by Wyndham Samal, which is seen to boost the Mindanao island’s appeal as a leisure and business destination.

“With TRYP by Wyndham Samal launching next year, we are entering a new chapter that elevates tourism, accelerates estate development, and unlocks greater opportunities for communities and businesses across the region,” DLI President Ricardo F. Lagdameo said in a statement last week.

The four-star property is expected to generate P1.2 billion in total sales value. It will feature a 250-seat ballroom, flexible meeting spaces, upscale dining concepts, and modern recreational amenities.

The condominium-hotel project is located in Barangay Limao in Samal, Davao del Norte. The island is expected to emerge as a growing tourism hub in Mindanao, particularly with the planned completion of the Davao-Samal Bridge in August 2027.

Units at TRYP by Wyndham Samal will be included in DLI’s rental pool program, which was approved by the Securities and Exchange Commission in October.

Under a rental pool agreement, units may be rented out and managed like hotel rooms without transferring ownership.

The Samal condotel project is also the second TRYP hotel in the Philippines, following TRYP by Wyndham Mall of Asia Manila in Pasay City.

TRYP by Wyndham, the urban lifestyle boutique brand of Wyndham Hotels & Resorts, has more than 100 hotels across 60 cities in Asia, the United States, and Europe.

“The property is poised to elevate Samal Island’s positioning as both a leisure and business destination, strengthening tourism arrivals and catalyzing local economic activity,” DLI said.

“Our trajectory in 2025 reflects the confidence investors have in Mindanao and our long-term commitment to its growth,” Mr. Lagdameo added.

Damosa Land is the property development arm of the Anflocor Group of Companies.

It manages residential, township, mixed-use, office, commercial, and industrial developments. — Beatriz Marie D. Cruz

Market Opportunity
Outlanders Logo
Outlanders Price(LAND)
$0.0002138
$0.0002138$0.0002138
+4.14%
USD
Outlanders (LAND) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

BOSTON–(BUSINESS WIRE)–MFS Investment Management® (MFS®) released today the distribution income sources for five of its closed-end funds for December 2025: MFS®
Share
AI Journal2025/12/23 05:45
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued

Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued

The post Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued appeared on BitcoinEthereumNews.com. American-based rock band Foreigner performs onstage at the Rosemont Horizon, Rosemont, Illinois, November 8, 1981. Pictured are, from left, Mick Jones, on guitar, and vocalist Lou Gramm. (Photo by Paul Natkin/Getty Images) Getty Images Singer Lou Gramm has a vivid memory of recording the ballad “Waiting for a Girl Like You” at New York City’s Electric Lady Studio for his band Foreigner more than 40 years ago. Gramm was adding his vocals for the track in the control room on the other side of the glass when he noticed a beautiful woman walking through the door. “She sits on the sofa in front of the board,” he says. “She looked at me while I was singing. And every now and then, she had a little smile on her face. I’m not sure what that was, but it was driving me crazy. “And at the end of the song, when I’m singing the ad-libs and stuff like that, she gets up,” he continues. “She gives me a little smile and walks out of the room. And when the song ended, I would look up every now and then to see where Mick [Jones] and Mutt [Lange] were, and they were pushing buttons and turning knobs. They were not aware that she was even in the room. So when the song ended, I said, ‘Guys, who was that woman who walked in? She was beautiful.’ And they looked at each other, and they went, ‘What are you talking about? We didn’t see anything.’ But you know what? I think they put her up to it. Doesn’t that sound more like them?” “Waiting for a Girl Like You” became a massive hit in 1981 for Foreigner off their album 4, which peaked at number one on the Billboard chart for 10 weeks and…
Share
BitcoinEthereumNews2025/09/18 01:26