The Yeungs: Martin, Carlos and Mariquita's luxury boutique resort finally opens its door to the public

1. The Yeungs: Martin, Carlos and Mariquita's luxury
boutique resort finally opens its door to the public
*Kandaya was one of the many structures that was
devasted by super typhoon Yolanda (Haiyan) in November
of 2013
*Martin, the only son of Carlos and Mariquita considered
this project as "his baby" and the family cried after seeing
how devastated the project was
*Now this luxury resort comes back to life with their
"blood, sweat and tears" poured into it.
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Six-star luxury resort, the Kandaya opens in Daan Bantayan, Cebu
A six-star luxury resort opened in the northern part of Cebu, as
MSY Holdings Corporation finished the development of the 12-
hectare beach property in barangay Agujo, Daan Bantayan.
This is the first six-star boutique resort built in Cebu that offers a
very exclusive 18-room luxury accommodation.
MSY Holdings Corporation chief operating officer Martin Phillip S.
Yeung said that this luxurious exclusive resort named “Kandaya
Hotel” will target a very specific niche market.

2. Yeung, 27, the son of Asia’s Diamond King and Philanthropist
Carlos and Mariquita Yeung, is hands-on work on this luxury
resort.
MSY Holdings is allocates an initial investment of P500 million, to
build two-story resort structure, including the establishment of a
very upscale Spa facility.
In an interview with Yeung, he said that he is talking with several
international resort chains, to manage the six-star facility.
However, he said since this project is very upscale, careful
attention to details, not just the interior design and landscaping,
but the entire packaging of the resort is the ultimate priority.
Yeung, who got his Business Administration diploma at the
Pepperdine University in Malibu, California, is sharing his
expertise in business management in his mother’s hometown in
Cebu, taking advantage of the robust tourism sector here.
He is also helping the different businesses of his family, such as
the real estate development projects introduced by MSY’s
subsidiary MCF Property Ventures Corporation, and its
international diamond trading firms—Fairway Diamond Co. Ltd.,
and Simplexdiam Co. Ltd., based in Hong Kong.
Kandaya Hotel offer a modern Zen ambiance. Yeung said this
project is just one of the series of resort developments being lined
up by the company in the next few years.
The company is also trying to lobby for air-strip accessibility in
Daan Bantayan, including Malapascua Island, in order to support

3. its huge investment plan to develop sophisticated and exclusive
boutique resorts in attractive northern shoreline and islets in the
province.
Earlier, President Gloria Macapagal-Arroyo urged both local and
international investors to set up good accommodation facilities in
the provincial towns of Cebu, from north to south, in order to
maximize Cebu’s potential to attract good number of quality
foreign and local tourists. — Edha Dago-oc/The Freeman