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Davao City, Philippines

Puregold chair vows to keep Acacia Hotel brand growing

December 03, 2019 - Tuesday 6:12 PM by Judy Quiros

Article Banner Image Mr. Lucio Co, Chairman of Puregold Group of Companies

Acacia Hotel-Davao is the latest luxury hotel in Metro Davao to welcome tourists with its world-class accommodations.

It’s the third Acacia hotel brand in the Philippines next to Alabang in Manila and Bacolod, and its special guest was President Rodrigo Duterte when it officially opened its doors to the Davao market on November 22. Acacia hotels are the properties of Puregold Price Club, Inc. (PPCI), the country’s largest retail supermarket.

President Rodrigo Duterte gives his message to the guests.President Rodrigo  Duterte is welcomed by Lucio Co and son Vincent Co with Senator Bong Go

In his keynote speech at the grand opening ceremony, the President said he seldom accepts invitations from the private sector except for Lucio Co, the chair of PPCI, who he considers a “personal friend.”

“Let me tell you something. A long, long time ago before I was a --- even a candidate for the president --- Mr. Lucio [Co] invited me for dinner. And he was one of those who was eagerly pushing na ‘tumakbo ka.’ Ang sabi ko naman na, ‘Alam mo maganda man ‘yan sir pero eh alam mo na short sa lahat: edad, pera, lahat na. I am old. I do not have enough marbles in my pocket. Masyadong mataas ‘yan.’ Sabi niya, ‘Subukan mo lang. Many people will help you along the way.’

“Actually he is my personal friend si Lucio Co. He took care of me after the elections too. Kaya sabi ko naalaala ko nung pagsabi siya na he is not a hotelier, meron siyang hotel na doon ako tumira bago ako pumasok sa Malacañang kasi inaayos pa. In the meantime that I was waiting for the amenities inside to be --- well, you know --- doon ako nakatira sa kanya, sa hotel niya, naalaala ko na ngayon.

President Rodrigo  Duterte with the relatives of Lucio Co

Duterte thanked Puregold for its confidence to continue investing in the city and in the rest of the country.

“May this achievement inspire you to further develop projects in other urban centers and tourist destinations in the Philippines, ” Duterte said.

President Rodrigo Duterte and Honeylet Avaneña with the Co Family

Co, for his part, said his company’s experience in doing business in Davao City is “delightful, with zero red tape, stable peace and order situation, so no wonder why we continue to expand. Tourism in the Philippines is flourishing in the last two years with Davao as the favorite destination,” he said.

“We want to welcome our visitors with great hospitality which we in acacia promise to provide,” he added.

A Mindanaoan welcome dance at the entrance of Acacia Hotel Davao

Co also confirmed that 99 percent of Acacia Hotel-Davao’s workers are locals. 

Acacia Hotel-Davao is equipped with 260 guest rooms as well as nine function rooms that could accommodate up to 1,000 people. It also has five restaurant outlets and an amphitheater on top of other major hotel amenities and services. The hotel is strategically located 20 minutes away from the airport, five minutes away from SM Lanang Premiere, and it is near the port of Davao.

Ribbon Cutting with Leonardo Dayao, Johnny Ng, Lucio Co, Honeylet Avanceña, Susan Co, Art Boncato, and Gatchi Gatchalian

“We are committed to growing the acacia hotel brand just as the Puregold stores and S&R, Co said.