Sugbutel

This is where I am staying right now in Cebu. It's ridiculously cheap at P350 ($8) a night, and i hope their fees stay that way for a long time.

Sugbutel is the first i've seen in Cebu and in Manila that offers a hostel type of lodging. Rooms have bunks, and there is one common toilet for females and another for males. It's not crowded because they can only accommodate a maximum of 50 people. And so far today, i've only seen 4. 

The only problem here is the noise the traffic makes outside. My bunk is right by the window so I hear everything making it difficult to get some needed shut eye.

I think I'll stay here for the rest of my short visit.

Check out their website for more details: http://www.sugbutel.com/