PLC Global Announces Philippine Condotel Investment Conference

Manila, Philippines, August 09, 2008 --(PR.com)-- Beth Collingz, Sales Director of PLC Global and lead partner with Pacific Concord Properties Lancaster Brand of Condo Hotel developments in the Philippines said the PLC Global Agent Conference 2008 is the first and only dedicated hotel investment conference being held in Manila and Cebu that will bring together lead marketing partners from around the world to discuss investment opportunities, markets and condo-hotel developments in the Philippine market.

The four day conference, which begins on Friday November 14, at the Lancaster Suites Condo-Hotel in Manila before moving to Cebu the following day, features the theme “Making successful hotel developments and investments in the Asian hotel market” and will give our marketing partners the opportunity to experience the Lancaster brand of Condotels first hand.

The PLC Global Agent Conference will provide delegates with an unparalleled insight on the trends shaping hotel investment markets in the Philippines. With over 6 hours of structured networking opportunities designed into the program, this is the only opportunity to meet the key officers of Pacific Concord Properties said Collingz.

Co-host and guest speaker, Ronald Lim, President/CEO of Pacific Concord Properties Inc, will present a segment on Condo Hotel Investments in the Philippines using PCPI’s own condo-hotel developments as basis. Lim will discuss the Philippine Condotel Concept that he authored and implemented with emphasis on Condo Hotel Investments for institutional investors and for the retail market as alternative retirement pension plans and the Lancaster Brand of Philippine Condo Hotels – Lancaster Suites Manila, Lancaster – The Atrium Manila and Lancaster Cebu Resort Residences.

With huge investments flowing into infrastructure and as the Philippine government increase promotional efforts to encourage tourism, interest in hotel developments for business and leisure travel are hitting new highs. Investors and developers now have a unique opportunity to capitalize on the growing demand for hotels and hospitality services, and the returns on investments.

Condo Hotel Properties are being snapped up by agile investment funds as rents soar in the country. Investment Fund Managers and Private Investor Clubs tap their deep pockets to purchase real estate investments in the Philippine Condo Hotel market amid a marked shortage of Hotel rooms driving expected ROI through rental returns upwards of 14% per annum said Collingz.

Guest speakers at the conference include representatives from the Philippines Retirement Authority detailing the benefits and application for the special Philippine Retirement Visa and the Philippine Department of Tourism.

The Congress is also an opportunity to meet up with Ronald Lim and representatives of PLC Global and find out how you can tap into the high-yielding investment opportunities in hotels, investment returns for alternative condo hotel models and the economic outlook for one of Asia’s hottest markets.

For further info on the PLC Global Agent Conference and Philippine Condo Hotel Investment opportunities please do not hesitate to contact them.

###