PHILIPPINE REAL ESTATE and RELATED NEWS in and around the country . . .

SM unit to build new hotel in Clark

By Jenniffer B. Austria | Posted on Apr. 24, 2013 at 12:01am |
[ ]
SM Hotels and Conventions Corp., a unit of conglomerate SM Investments Corp., said Tuesday it will build a new hotel under the brand Park Inn by Radisson in Clark Freeport, Pampanga.
SM Hotels president Elizabeth Sy said in an interview at the sidelines of the Highlands Prime Inc.’s meeting the hotel would be located beside SM Clark, a shopping mall owned by sister company SM Prime Holdings Inc.
Sy said the company was finalizing the details of the new hotel, which would be branded Park Inn by Radisson.
The company opened a 204-room Park Inn by Radisson in Davao City in March.
Park Inn by Radisson is Carlson Rezidor Hotel Group’s full-service mid-market global brand with 126 hotels throughout the world and 53 hotels under development.
Carlson Rezidor Hotel Group is one of the world’s largest hotel groups and manages over 1,300 hotels in 81 countries and territories.
SM Hotels said it was looking at other sites for future hotel expansion. It said among the sites being considered were Bacolod and Iloilo.
SM Hotels signed a management agreement with Hilton Worldwide for the latter to manage the 350-room Conrad Manila at the Mall of Asia Complex in Pasay City in March.
Conrad Manila, the first Conrad Hotels & Resorts branded property in the Philippines, will open in 2015.
Aside from Conrad Manila and Park Inn Davao, other hotels under the company’s portfolio are Radisson Blu in Cebu, Taal Vista Hotel in Tagaytay and Pico Sands at Hamilo’s Pico de Loro Resort in Nasugbu, Batangas.
SM Hotels is also the leading conventions operator in the country through SMX Convention Center, which now has two outlets at the Mall of Asia Complex and Davao, and Megatrade Halls in SM Megamall and SM City Cebu.

real estate central philippines
Copyright ©2008-2018