The developer of Metro Manila’s aquatic theme park has tied up with a European hospitality chain to build a P2-billion hotel in Makati City aimed at the country’s growing market for tourists and business travelers.
The 40-story hotel—dubbed Worldhotel and Residences Makati—will rise along Makati Ave. and will have 401 rooms and a five-star rating, said Worldhotels vice president for Asia-Pacific Roland Jegge in a briefing Thursday.
“The branded hotel solution offers one of the most flexible models in the world for upscale independent properties and hotel groups, enabling them to position themselves internationally in the face of competition from global hospitality brands,” he said.
Under the scheme, Worldhotels will provide consultancy, support and management services to the independent hotel operator during the facility’s construction and operation phases. The owners will provide the property and capital to build the structure.
Worldhotels is the fourth-largest hotel chain in Europe. Its previous project in the Philippines is a 70-room hotel development in Camp John Hay complex in Baguio City. It will team up with H2o Ventures, developer and operator of Manila Ocean Park oceanarium along Roxas Boulevard in Manila.
The accommodations at Worldhotels and Residences Makati will be divided into 252 guest rooms, including 72 suites, while the residential component will have 149 serviced apartments for long-staying guests. Other facilities include four restaurants and two bars, in addition to a ballroom, gym, spa lounge, meeting rooms and a business center.
It is scheduled to open in the last quarter of 2013.
The facility will be designed by Singapore-based Suying Design.