Ojt Report

Topics: Provinces of the Philippines, Cagayan de Oro City, Regions of the Philippines Pages: 5 (1687 words) Published: April 28, 2013
2GO Travel and Manila Manor Hotel
In Partial Fulfillment of
The Requirements for
BS in Hotel and Restaurant Management
Submitted by:
Jennefer F. Boticario
Submitted to:
Ms. Cheryn Conales
April 28, 2013
I. Brief History/Background of 2GO Travel

I. 2GO Travel History
2GO Travel is one of the largest, premier land/sea-travel provider in the Philippines The company offers a wide selection of hotel accommodations/services, tours and events packages, with the ease of land/sea travel.Born out of established brands such as Negros Navigation, Superferry, Cebu Ferries, and Supercat, 2GO Travel has a combined history of more than 148 years in travel industry.From the sunny beaches of Boracay, to the iconic skylines of Manila, 2GO travel works with over 1,200 outlets nationwide, catering to various ports in Luzon, Visayas, and Mindanao.By combining seamless travel experience, with breathtaking destinations, and the luxury of hotel accommodations, the company aims to redefine travel. 2GO, formally 2GO Travel, is a ferry company which is based in Manila, Philippines and part of 2GO Group, a private company owned by the Chinese government through the China-Asean Investment Cooperation Fund.[1] It is the largest ferry company in the Philippines with its main hub located in Eva Macapagal Super Terminal in Pier 15 in the Manila South Harbor. Until 2012, 2GO was known as Negros Navigation. It changed its name following a significant realignment of ferry transportation in the Philippines which saw long-standing companies SuperFerry, Cebu Ferries and SuperCat first merged into SuperFerry, under the Aboitiz Transport System, and then purchased by Negros Navigation, in December 2010, for US$105 million.[2] At the same time, a unit of China-Asean Investment Cooperation Fund, a Netherlands-based, private equity firm wholly owned by the Chinese government, took a controlling stake in Negros Navigation through an equity infusion. Because Negros Navigation was a privately held firm the exact amount invested by the Fund was not disclosed. 2GO has one of the most modern shipping fleets in the Philippines and operates the largest fleet of inter-island vessels in the country. SuperFerry, founded as Aboitiz Shipping Company, later Aboitiz SuperFerry was one of the largest ferry companies in the Philippines before it was purchased by Negros Navigation, which simultaneously was purchased by the Chinese government through its private equity fund the China-Asean Investment Cooperation Fund, and became 2GO Travel, part of the 2GO Group. The shipping company was known in the 1990s as William, Gothong & Aboitiz (WG&A). Aboitiz bought out the William Lines and Gothong Lines Group . The Gothong Group restarted its own shipping company called Carlos A. Gothong Lines (CAGLI), while the William Group opted to concentrate on its logistics, warehousing, and courier business, called Fast Logistics. SuperFerry and its sister companies SuperCat and Cebu Ferries are owned and operated by the former Negros Navigation when Negros Navigation bought all of Aboitiz Transport System, was sold to China-Asean Investment Cooperation Fund, and relaunched as 2GO Travel in 2012. Destinations

The following the ports of call were served by SuperFerry:
• Luzon

o Manila
o Batangas City, Batangas
• Visayas

o Bacolod City, Negros Occidental
o Caticlan Jetty Port, Malay, Aklan (Getaway to Boracay) o Cebu City, Cebu
o Iloilo City, Iloilo
o Ormoc City, Leyte
o Tagbilaran City, Bohol

• Mindanao

o Butuan City, Agusan del Norte
o Cagayan de Oro City, Misamis Oriental
o Iligan City, Lanao del Norte
o Ozamis City, Misamis Occidental
o Surigao City, Surigao del Norte
o Zamboanga City, Zamboanga...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • short report Essay
  • Recommendation Report Essay
  • Report Writing Essay
  • How do I write a report Essay
  • Essay on incident report
  • Essay about Impormal Report
  • Format of Report Essay
  • Business Report Essay

Become a StudyMode Member

Sign Up - It's Free