Tucked in the heart of Ortigas Center, Mandaluyong, lies one of the city’s best-kept secrets: a luxurious urban escape at The Westin Manila. From its opulent interiors to the sensory delights of its amenities and offerings, the 32-storey property promises the ultimate hospitality experience,...
Japanese gaming firm Universal Entertainment Corporation (UEC) expects to end the year with a loss, partly due to the weak VIP market hounding its Philippine integrated resort, Okada Manila, and other casinos operating in the country. In a disclosure to the Tokyo Stock Exchange, UEC said that based...
Billionaire Enrique K. Razon Jr.’s casino and resort firm Bloomberry Resorts Corporation (BRC) reported that Solaire North head Gregory Francis Hawkins has been appointed as acting chief operating officer (COO) of its operating subsidiary Bloomberry Resorts and Hotels Inc. (BRHI). In a disclosure...
Billionaire Enrique K. Razon Jr.’s Bloomberry Resorts Corporation (BRC), which owns the Solaire and Jeju Sun integrated resorts, reported that Thomas Arasi retired on Dec. 17, 2024, as President and Chief Operating Officer (COO). In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Davao tycoon Dennis A. Uy may have found a new partner in the Yuchengco Group's construction affiliate, EEI Corporation, for the development of his Emerald Bay Resort and Casino Project in Mactan, Cebu. In a disclosure to the Philippine Stock Exchange (PSE), Emerald Bay owners PH Resorts Group...
Tiger Resort Asia Limited (TRAL) has divested its majority stake in publicly-listed Asiabest Group International Inc. (ABG), dashing hopes for the backdoor listing and follow-on offering of integrated resort Okada Manila. In a disclosure to the Philippine Stock Exchange (PSE), ABG stated, “We...
Township developer Megaworld Corporation’s leisure subsidiary Global-Estate Resorts, Inc. (GERI) is investing an initial P5 billion to develop a 117-hectare integrated lifestyle community in the highlands of Cagayan de Oro City. In a joint disclosure to the Philippine Stock Exchange, Megaworld...
Tiger Resort, Leisure and Entertainment Inc. (TRLEI), the local unit of Japan’s Universal Entertainment Corporation and owner of the Okada Manila integrated resort, is looking to attract more tourists from Japan, South Korea, and Southeast Asian countries to boost both gaming and hotel revenues....
PH Resorts Group Holdings Inc., the hotel and casino business unit of Davao tycoon Dennis A. Uy, continues to hold “strategic investor discussions with several parties” for partnerships in, or acquisition of, its integrated resorts while raising funds to meet its obligations. In a disclosure to...
Bloomberry Resorts Corporation, owner and operator of Solaire Resorts and Jeju Sun Hotel & Casino, reported a 58 percent drop in net income for the first nine months of 2024 and a net loss for the third quarter, partly due to Solaire North (SN). In a disclosure to the Philippine Stock Exchange,...
It is beginning to look a lot like The World of Christmas everywhere at Newport World Resorts. With its halls decked in majestic hues of blues and golden reindeer statues up in the air, the country’s pioneer integrated resort brings a holiday wonderland to life as the entire property transforms...
Bloomberry Resorts Corporation, billionaire Enrique K. Razon Jr. leisure and gaming business, reported that its subsidiaries have signed a P72.0 billion Syndicated Refinancing Facility with a group of banks. In a statement, Bloomberry said the agreement was signed by its subsidiaries...