MANILA - Waterfront Philippines Inc launched the P500-million renovation of the Manila Pavilion Hotel amid rising competition from new and international hotel brands set to open in the Philippines.
In a disclosure to the Philippine Stock Exchange, Waterfront said Manila Pavilion recently completed the second phase of its renovation covering 223 upper floor rooms and suites. Aside from its two-category Deluxe Rooms, Executive Rooms and Premier Suites, the hotel introduced a new set of Ambassador Club rooms and two new Presidential Suites to enhance the hotel's position in the corporate market.
“As one of the pioneering hotels in the country, we see ourselves as pioneers for steadfast innovations to meet and beat competition. In this promising part of Manila, we just can’t wait to create a signature that will amalgamate our hallmark design concepts, high-tech features and exceptional service to complete that grandeur experience for our guests.” said Christopher Park, general manager of Manila Pavilion.
The redevelopment will continue for 250 Superior Rooms and Suites at the lower floors, as well as for the upgrade of function rooms and food and beverage facilities.
The P500-million renovation, financed through internally-generated cash and external sources, will increase the hotel’s room revenues by 50 percent because of more bookings from premium corporate and travel clients, Waterfront said.
The room themes were developed to maximize guest satisfaction to generate repeat bookings and keep room maintenance costs to minimum levels, the company said.
A landmark in Manila, the Manila Pavillon is situated close to a mix of historic sites, major ports and various entertainment hubs. It also houses the Casino Filipino Pavilion on the first three floors of the hotel.
The completion of the second phase of the hotel’s renovation comes on the heels of the opening of Solaire Resort & Casino, the first hotel and casino among the four licensees to open at the Entertainment City of state-run Philippine Gaming and Amusement Corp (Pagcor). Three more hotels will open at the Entertainment City through 2016.
In the second quarter, Travellers International Hotel Group Inc -- a joint venture between Alliance Global Group Inc and the Genting group of Hong Kong -- is set to commence development on the third phase of Resorts World Manila. This comprises two new hotels under the Sheraton and Hilton brands as well as the expansion of the existing Maxims and Marriott Hotels.
Lastly, the SM group is set to build a Conrad hotel at the Mall of Asia complex near the Entertainment City.
Apart from Manila Pavillon, Waterfront operates the G Hotel in Manila, Waterfront Cebu City Hotel & Casino, the Waterfront Airport Hotel & Casino Mactan in Cebu and the Waterfront Insular Hotel Davao in Davao.
The company operates close to 1,500 rooms, employs 1,500 employees and has over 41,000 square meters of convention and gaming space.
source: interaksyon.com
