RESORTS World Manila will have the most number of hotel rooms in a single property development in the country by year-end with the opening of the Japanese-branded hotel in the second half.
Kingson Sian, Travellers Hotel Group International Inc. president and CEO, said it will bring its hotel portfolio to reach 3,555 keys by year-end as it opens its 940-keys Hotel Okura Manila.
“That will be a very special hotel. That is the first Japanese-branded hotel in the Philippines,” Sian said after the company’s annual stockholders’ meeting on Friday.
It recently opened its 390-room Sheraton Manila Hotel in January this year and the 357-room Hilton Manila in October last year.
The said hotels form part of Resorts World Manila’s Grand Wing, Phase 3 of the property’s expansion. This also increased RWM’s gaming tables to 625 and its gaming machines to 2,300.
“The ground floor of the grand wing is already open, but the second floor will open in July. That will be an entirely new floor. As you expand the new gaming space, you can develop new junket relationships,” Sian said.
Sian said the company may track its first-quarter, double-digit growth of its revenues for the rest of the year with the developments and higher foot traffic.
He said RWM attracted 10.5 million visitors last year, an average of 28,000 per day.
“Next year, when the hotels are completed, we’ll probably hit close to 40,000 to 50,000 per day,” he said.
The company is also developing West Side City in Entertainment City, where it is currently building three hotels with combined rooms of 1,000 keys.
The company has committed to spend at least $1 billion in Westside City. In Resorts World Manila, the company has already invested $1.1 billion.
Travellers, the gambling arm of businessman Andrew Tan, said its income fell 45 percent during the first quarter to P244.43 million from last year’s P444.04 million.