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    AGI to spend P3.8B in New Port City hotel
     
    By Honey Madrilejos-Reyes
    Reporter
     

    ALLIANCE Global Group Inc. (AGI), the listed flagship of businessman Andrew Tan, is investing about P3.8 billion in an all-suite hotel in New Port City.

    Tan said Travelers International Hotel Group Inc., AGI’s tourism arm, will undertake the hotel project in cooperation with Star Cruises Ltd., which is also AGI’s partner in its planned participation in the Manila Bay Tourism City project.

    The project will be named The Maxim’s Hotel, a luxury hotel brand of Genting Group, a sister company of Star Cruises Ltd.

    “With the opening of Ninoy Aquino International Airport Terminal 3, we are expecting a surge in tourist arrivals,” Tan said. “The Maxim’s Hotel, the country’s first all-suite luxury hotel, will be rushed to give these tourists a memorable and positive business experience here in our country.”

    AGI, whose shares are traded on the Philippine Stock Exchange, is tapping the expertise of world-renowned Gettys Chicago to design the interiors of the Maxim’s Hotel suites.

    The hotel will feature 158 king and junior suites, about a dozen deluxe suites and one presidential suite from the fourth to the eight floors. A personal butler will service all the suites, which start at a floor area of about 50 square meters (sq m) for the king suite and a spacious 100 to 150 sq m for the junior suites.

    AGI’s latest project will also feature three private villa residences with individual pools at the fourth floor where it will also build a luxurious pool for the exclusive use of hotel guests.

    The hotel will be built on a one-hectare lot beside a lagoon, near the entrance to Newport City in Villamor Airbase. It will have a gross floor area of more than 20,000 sq m.

    Meanwhile, the lower floors of the hotel will house Newport Entertainment and Commercial Center. This new mall will feature signature brands at the ground floor, a performance stage at the second level and four cinemas at the third floor.

    Newport City is a 25-hectare residential, commercial and office development of Megaworld Corp., AGI’s property development unit. At full development, the project will feature luxury residential condominiums, shopping malls, restaurant strips and business process outsourcing office condominiums.

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