Leisure & Resorts World Corporation (LRWC) said its stockholders have approved the issuance of 691,200,000 common shares to raise up to P1.85 billion in a new round of private placement. In a statement, LRWC said the issuance was approved through its Special Stockholders’ Meeting held on...
End the year on a high note and jump into the new year in style at Newport World Resorts. From Dec. 31 to Jan. 1, The World Parties and everyone is invited. The grandest welcome to 2023 happens at the country’s pioneer casino, hotel, and entertainment destination with eight parties all happening...
Global-Estate Resorts, Inc. (GERI), a subsidiary of Megaworld Corporation and a leading developer of master-planned integrated tourism estates, is launching a P1.3 billion luxury residential village in Trece Martires, Cavite. In a statement, the firm said the 41.8-hectare Prana Garden Villas will...
It’s the 7th hotel chain by Henann Group of Resorts By Angelo Manalo A trusted name in the Philippines Tourism Industry, The Henann Group of Resorts opened its seventh and newest property in Boracay Island, Henann Park Resort Boracay last April 2022. With over 200 premium rooms, an expansive pool...
Investor sentiment in the local stock market is more upbeat and analysts expect share prices to continue climbing this week following positive economic data released last week and as more companies announced third quarter results. “So far, we’re seeing the bullish case for the local market...
Bloomberry Resorts Corporation, owner and operator of Solaire Resort & Casino and Jeju Sun Hotel & Casino, reported a consolidated net profit of P4.0 billion for the first nine months this year, a reversal from the net loss of P3.0 billion in the same period last year. “Against a global...
Global-Estate Resorts, Inc. (GERI), Megaworld Corporation’s integrated tourism estates developer, reported that its net income hiked 70 percent to P1.5 billion in the first nine months of 2022 from P850 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
The country’s pioneer integrated resort, Newport World Resorts, unveils a new membership rewards program that is more powerful than ever. The rewards program is set to reinvent the way patrons enjoy Newport World Resorts’ impressive collection of international hotel brands, slew of...
Congratulations to our winners! Chefs from Newport World Resorts’ international hotels Hilton Manila, Marriott Hotel Manila, and Sheraton Manila Hotel proved their kitchen prowess and dominated in this year’s Philippine Culinary Cup. Each hotel’s group of seasoned chefs exhibited their...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the country’s leading developer of integrated tourism-estates, registered a 32 percent growth in net income to P848 million during the first half of 2022 from P643 million in the same period last year. In a disclosure to the Philippine...
Bloomberry Resorts Corporation, owner of Solaire Resort & Casino and Jeju Sun Hotel & Casino, reported a turnaround with an unaudited consolidated net income of P2.5 billion in the first six months of 2022 from its net loss of P1.9 billion in the same period last year. In a disclosure to...
Global-Estate Resorts, Inc. (GERI), a subsidiary of Megaworld Corporation, is opening this month its Boracay Newcoast Convention Center (BNCC) which is in the eastern part of Boracay Island. In a statement, GERI said the 1,200-seater convention facility is a modern tensile structure that can be...
