A soft coastal breeze carried more than just the scent of the sea on January 29 as Damosa Land ground broke and formally launched TRYP by Wyndham Samal, a four-star condominium-hotel that will bring the Island Garden City of Samal to the global stage, raising Davao’s hospitality game and driving a new force in Mindanao’s tourism and investment landscape.
The milestone event, which underscores the company’s growing portfolio, reflects its deepening commitment to catalyzing regional growth through world-class real estate developments that celebrate opportunities and local communities.
A vision set against Samal’s coast
Nestled along the picturesque shoreline of Barangay Limao, TRYP by Wyndham Samal represents one of the first internationally branded hospitality developments on the island, bringing the global TRYP by Wyndham lifestyle experience to one of the Philippines’ most promising resort destinations.
Backed by Wyndham Hotels & Resorts, the project features a 100-room condotel set across six storeys, with amenities that include social and meeting spaces, a 250-seat ballroom, fitness facilities, and an infinity-edge pool overlooking the Davao Gulf—all designed to appeal to leisure guests and business travelers.
The launch marks a key step toward establishing Samal as a premier leisure and business destination in the Asia-Pacific region. Ricardo Lagdameo, President of Damosa Land, described TRYP as part of a “continued focus on sustainable, high-impact developments that create lasting benefits for communities and stakeholders,” noting how the project supports tourism appeal while creating jobs and economic opportunities for the island community to give Samal a competitive edge.
Responsible and transparent investment
Beyond its facilities and design, TRYP by Wyndham Samal stands out for its genuinely innovative investment structure. It is the first project in the Philippines to receive approval under the Securities and Exchange Commission’s SEC-RENT framework, a regulatory mechanism designed to bring transparency and investor protection to rental pool programs.
Under this model, unit owners participate in a mandatory rental pool while retaining ownership. They receive a share of pooled rental income and enjoy benefits like complimentary room nights. Individual units are priced between roughly ₱10 million and ₱20 million, with projected total sales at about ₱1.2 billion.
This dual role of lifestyle asset and income generator puts TRYP by Wyndham Samal as a lifestyle property and a thoughtfully regulated investment, setting a new standard for condotel projects in the country.
The wider and clearer picture
TRYP by Wyndham Samal arrives amid a broader context of economic resilience and dynamism in the Davao Region, where the services sector—particularly tourism and real estate—has become an increasingly important engine of growth. The region’s Gross Regional Domestic Product (GRDP) grew by 6.3 percent in 2024, maintaining its standing among the country’s top growth regions, driven largely by services, construction, and professional industries.
Tourist arrivals also rose, signaling a growing confidence in Davao as both a leisure destination and business hub. The region welcomed over four million visitors in 2024 and generated roughly ₱34.7 billion in tourism receipts.
Damosa Land itself has played a tangible role in shaping the region’s economy. It has diversified its portfolio with residential communities, mixed-use estates, office and commercial spaces, and industrial parks. The company has also been a pioneer in introducing concepts like PEZA-accredited IT parks, flexible office solutions, and large-scale industrial zones that attract global locators to Davao City, making the region more visible and appealing to both domestic and foreign investors.
Tourism’s promise for Samal and beyond
Samal Island, already known for its tranquil beaches, marine reefs, and growing resort capacity, is on the cusp of major upgrades that will make it far more accessible. It stands to benefit from infrastructure that improves connectivity and enhances visitor experiences. With the imminent completion of the Samal-Davao City Connector Bridge and ongoing airport expansion, the island is opening its doors to more domestic and international travelers and gearing up for developments like TRYP to make a long-lasting impact on the local tourism economy and succeed.
As Damosa Land looks beyond the immediate horizon, TRYP by Wyndham Samal exemplifies how lifestyle-driven properties can align with broader economic narratives to bring world-class hospitality to Mindanao while contributing meaningfully to the region’s thriving natural charm and attractiveness as a place to visit, live, and invest.
#PropertyReportFeature
#FeaturedStory
