Floirendo-led Damosa Land, Inc. expects to generate ₱1.2 billion in total sales from its TRYP by Wyndham Samal project, a four-star condotel rising in the Island Garden City of Samal in 2028.

The project, Damosa Land's latest venture with PHINMA Microtel Hotels, Inc., will feature about 100 rooms with prices ranging from ₱10 million to ₱20 million per unit.

It will cater to the mid- and luxury markets and is slated for completion by 2027 or 2028, just in time for the completion of the Davao-Samal Bridge, which is expected to increase access to Samal Island by tourists.

Damosa Land said TRYP by Wyndham Samal introduces the first globally recognized hotel brand to Samal Island—set to become the next big tourist destination in the Philippines.

The six-storey condotel will feature interactive social spaces, meeting facilities, a 250-seat ballroom, fitness amenities, and an infinity-edge pool overlooking the Davao Gulf.

“This 4-star condotel will redefine the travel and tourism experience in the island, offering thoughtfully designed accommodations and modern lifestyle amenities that will complete the experience of its guests—from leisure travelers to business visitors,” the firm said.

Through Tryp by Wyndham Samal, Damosa Land is the first Philippine company to secure Securities and Exchange Commission (SEC) approval for a rental pool program under the newly launched Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT) framework.

“This milestone affirms Damosa Land’s role as a trailblazer in real estate innovation as it reflects our vision of introducing new possibilities for real estate in the Philippines,” said Damosa Land President and CEO Ricardo F. Lagdameo.

He added, “The SEC’s approval provides investors with greater confidence in TRYP by Wyndham Samal and strengthens its long-term viability as a sound, future-ready hospitality investment in Mindanao.”

The newly enacted SEC RENT framework ensures that rental pool programs are fully regulated, giving investors stronger protection, transparency, and confidence in their participation.

By formally recognizing rental pool arrangements as investment contracts, SEC RENT provides clear safeguards and establishes accountability for developers offering this model.

Under this framework, the TRYP by Wyndham Samal rental pool program allows buyers who have fully paid for their units and complied with requirements to receive a certificate of participation, confirming their unit’s inclusion in the pool.

The certificate entitles owners to returns through pooled rental income, along with exclusive benefits such as free room nights. The proceeds from the sale of the certificates will be used to fund the project’s pre-operating expenses.

As the first project in the country to be approved under SEC RENT, TRYP by Wyndham Samal sets the standard for how regulatory compliance and global hospitality drive local development. With its city-inspired yet tropical design, TRYP will introduce an international hotel lifestyle to one of Mindanao’s most vibrant resort destinations.

“We view our investors as true partners in progress. With TRYP, we are building more than a world-class development as we believe that we are creating a secure, long-term investment that fuels confidence while contributing to the growth and prosperity of Samal Island.” Lagdameo said.