07/2005 - Sub Delicious Revenue shows double digit growth
Makati City, July 2005
Sub Delicious Revenue shows double digit growth
Sub Delicious International Inc, a wholly owned subsidiary of Eclipse Hotels & Resorts International, a Philippine headquartered Hotel Management company with interests in Hotel, Resort and Restaurant development in the Asia Pacific region, announced that it has achieved a double digit growth in Revenue from its owned Sub Delicious store in Angeles City, Pampanga, Philippines.
"We are proud to announce that over the last 12 month we had continuous growth in Revenue of 19 percent compared to the same period last year", said Thomas Milani, Chief Operating Officer of Eclipse Hotels & Resorts International and President of Sub Delicious International Inc..
"Sub Delicious has shown within one year of its inception in the Philippines that the quality concept of fresh Sub sandwiches combined with the extensive American-Italian style menu is a growth food and beverage concept in the Philippines. We are especially proud to say, even the restaurant is located in the Tourist district of Angeles City, Pampanga, the customer mix of 50% foreign tourists and 50% local Filipinos at opening of the restaurant has even switched to 35% foreign tourists and 65% local Filipinos."
The first Sub Delicious store in the Philippines was opened in the Tourist district of Balibago, Angeles City in 2003 and was welcomed as good addition to the already existing food and beverage offerings.
Sub Delicious actively pursues the expansion of the brand in the Asia Pacific region through individual and master franchise agreements.