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ALI to raise hotels capex

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Property giant Ayala Land Inc. is investing around P11 billion to scale up its interest in the local tourism industry with the goal of doubling its hotel and resort room inventory to 4,100 by 2016.

Posted: April 10th, 2014 in Headlines | Read More »

Roxaco breaks ground for Go Hotel project in Parañaque

gohotels

Roxas & Co. Inc. (RCI)’s property arm Roxaco Land Corp. has broken ground for its first franchised Go Hotel property in Parañaque, in line with plans to build five budget hotel properties under this brand by 2016.

Posted: March 20th, 2014 in Latest Business Stories | Read More »

Roxas group expanding hotel, resort portfolio

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Roxas and Co. Inc. (RCI), which is involved in sugar and real estate businesses, is riding on the bright prospects of the Philippine tourism industry by expanding its hotel and resort management portfolio and diversifying into themed-restaurant business this year.   In a statement, RCI chair and chief executive officer Pedro Roxas said the group, [...]

Posted: February 28th, 2014 in Headlines | Read More »

Robert De Niro brings Nobu to City of Dreams Manila

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YOU TALKIN’ TO ME?  Hollywood star Robert De Niro, with Macau gaming magnate Lawrence Ho, announces the entry of his luxury hotel Nobu into the Philippine hospitality industry.  DORIS DUMLAO

He was here before as a tourist who basked in the sun and enjoyed the sand and sea. Now, Academy award-winning actor Robert De Niro is back, this time wearing a businessman’s hat to announce the entry of luxury hotel Nobu into the country’s hospitality industry.

Posted: January 27th, 2014 in Editor's Pick,Featured Gallery,Headlines,Latest Business Stories,Photos & Videos | Read More »

Manila’s gaming push seen to boost tourism

Manila’s tourism market is taking a decided turn away from a vanilla offering to boost visitor numbers. This Southeast Asian casino dreamscape is setting up a battle between established gaming giants and independent operators in a high stakes contest.

Posted: November 22nd, 2013 in Headlines | Read More »

Robinsons to open 3 new hotels

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Robinsons mall. FILE PHOTO

Robinsons Land Corp. plans to roll out three more budget hotels under the Go Hotels brand, thereby expanding its hotel room capacity to over 1,200 by next year.

Posted: October 17th, 2013 in Uncategorized | Read More »

Global hotel chain eyes bigger PH presence

Global hotel management group Carlson Rezidor wants to operate within Metro Manila a second luxury Philippine hotel under the Radisson Blu brand, amid plans to add upscale co-branded residential buildings to its portfolio.

Posted: October 17th, 2013 in Headlines | Read More »

SM signs pact with Carlson to build more Park Inn hotels in PH

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Henry Sy  INQUIRER FILE PHOTO

The SM group of tycoon Henry Sy has inked a deal with global hotel management group Carlson Rezidor to develop a new hotel property under the midscale brand Park Inn by Radisson in Clark, Pampanga, alongside a blueprint to expand to more places in the Philippines.

Posted: October 14th, 2013 in Latest Business Stories | Read More »

Tune Hotels operator expanding in PH

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Red Planet Hotels Ltd. is aggressively expanding its hotel operations in the Philippines, having invested $85 million (about P3.65 billion) in a portfolio of 10 Tune Hotel branches.

Posted: October 9th, 2013 in Editor's Pick,Headlines | Read More »

Cebu City hotel creating buzz in PH hospitality industry

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RESTAURANT Rica with whimsical furniture

The Henry Hotel (www.thehenryhotel.com), a hotel in Cebu City, has been creating buzz in the Philippine hospitality industry. A boutique hotel that is unique, full of personality and charm, The Henry is gaining popularity from local and foreign tourists, as guests are awed with its out-of-the-box interior setting and its remarkable service to its clients.

Posted: August 30th, 2013 in Columnists,Featured Columns,Featured Gallery,Headlines,Inquirer Columns,Inquirer Features,Photos & Videos,Property Guide | Read More »

P20B resort rising in Subic

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A Korean-owned resort is raising a P20-billion tourism complex that would include a hotel and convention center here, the top official of the Subic Bay Metropolitan Authority (SBMA) said.

Posted: June 17th, 2013 in Latest Business Stories | Read More »

Biz Buzz: Who’s buying into PAL?

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Call it a process of price discovery. Taipan Lucio Tan has put the group’s remaining 51-percent stake in flag carrier Philippine Airlines on the block but its strategic partner, San Miguel Corp., is not ready to declare that it is buying this stake. However, SMC, at the end of the day, has the right of first refusal on this block, given its shareholders’ agreement with the LT group. If it does not like the new investor, it can match the offer.

Posted: June 12th, 2013 in Headlines | Read More »

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