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Discovery World unit, Samal Shores enter management deal

BusinessWorld April 28, 2021 | 12:04 am 1 of 2 DISCOVERY Hospitality Corp. (DHC) has signed a contract with Samal Shores, Inc. to manage the latter’s resort project in Davao del Norte’s Samal island that is set to open next year. “The opening of Discovery Samal is part of the commitment of DHC to widen our reach across strategic locations,” DHC Chief Operating Officer and Discovery World President Jose C. Parreno, Jr. said in a statement on Tuesday. The contract will add the upcoming project to the portfolio of hotels and resorts under the property management company of publicly listed Discovery World Corp. Samal Shores is a subsidiary of CSG Holdings Corp.

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