PO1 Christopher Mendoza told The STAR that the body of Araceli Hug, owner of Bamboo Bar and Restaurant in Barangay Manok-manok, was discovered at about 10:20 a.m. by waitress Eulalia Mangalay.
Mendoza said probers were still gathering statements from the restaurant employees.
Investigation showed that Hug was stabbed with an icepick. But a local radio station said a bloodstained butchers knife, which the restaurants kitchen staff earlier reported lost, had been found.
Reports said P25,000 was missing in Hugs room, but Mendoza could not confirm this.