Pryce Plaza, the iconic historic hotel nestled atop a hill overlooking Cagayan de Oro City officially closed at 10:00AM today, December 31, 2016.
The 81-room hotel was previously known as Vista Hermosa and then Hotel Alta Tierra until Pryce Corporation bought it in 1991.
Rumors are circulating that a large company is negotiating for the hotel which has the majestic view of the city and the bay. Hotel staff are mum about the future of the hotel and the last hotel guest checked out today.
With its strategic location, it is a magnet among investors. Keep posted.