Hotels and resorts developer Discovery World Corporation (DWC) has started construction of Kip&Kin Siargao, its first venture into the country’s surfing capital.
In a disclosure to the Philippine Stock Exchange (PSE), the firm said the project will be undertaken by its wholly-owned subsidiary Lucky Cloud 9 Resort Inc. (LC9) and its property management company, Discovery Hospitality Corporation (DHC).
Under DHC’s brand portfolio, Kip&Kin is designed for the younger generations of millennials and Gen Zs as it provides areas that encourage both solo and group activities while allowing visitors to easily connect with the places they are visiting.
With its dual concept of hotel rooms and hostel stays, Kip&Kin appeals to this new generation of tourists looking for lively, meaningful stays while also providing the ideal getaway for families and mature travelers.
“Choosing Siargao, the Surfing Capital of the Philippines, is the perfect spot for Kip&Kin. The teardrop-shaped island, known for its top-notch waves, vibrant culture, and close-knit community, epitomizes everything Kip&Kin stands for,” DWC said.
It added that “this location offers the ideal setting for meaningful adventures, a community of kindred spirits, a sustainable and engaging environment, and appreciating the charms of free-spirited life.”
Kip&Kin Siargao will be built on approximately 7,000 sqm. out of the company's 2.6 hectare lot area in General Luna, Siargao, Surigao del Norte, and is near Cloud 9, one of the island’s most famous tourist sites.
It will house 34 hotel rooms, 48 hostel beds, and retail spaces, providing options for different preferences. The rest of the property is being planned for future expansion phases of additional rooms and retail spaces.
“Kip&Kin is more than just a place to stay; it's a lifestyle brand where guests can immerse themselves in the energy of Siargao's vibrant culture and natural splendor,” said Discovery World Chairman and CEO John Y. Tiu, Jr.
He added that "we are excited to have Discovery Hospitality's expertise to create an experience that captures the essence of Siargao and makes a significant contribution to the local economy."
Kip&Kin Siargao’s anticipated opening is in 2027. The hospitality group also plans to open another Kip&Kin in Vanilla Beach El Nido and San Vicente, Palawan.