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Deregulating Casinos in Philippines Spurring Hotel Growth

Category: Hotels, Posted:21 Aug 2009 | 07:58 am

With thephuketinsider.com visiting Makati the financial hub of one of the current Asian economic success stories, its noteworthy to see the effects of last years Government shift to deregulate the gaming industry.
Megaworld founder Andrew Tan has joined hands with Star Cruises who are one of the worlds largest cruise operators and is controlled by Malaysian gaming giant Genting Berhad. Along with operations in Malaysia, the group won a hotly contested bidding for the Resorts World project on Singapore's Sentosa island which features a landmark Universal Studios amusement attraction.
The Philippine project located on 25-hectres called Newport City features a Resorts World casino three hotels including one managed by global giant Marriott, large scale shopping and residential condominiums. Looking at it's favorable door to door travel time to the Asian region along with the important mainland China market, the country is vying to compete with Macau and Singapore in a Las Vegas style play aimed to attracting not only gamblers but mass tourism.

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Category: Real estate, Posted:25 Sep 2022 | 10:44 am Urban flight and a continuous stream of incoming lifestyle residents to Phuket are dramatically shifting Southeast Asia’s leading resort real estate market landscape. The new island property mantra is dominated by surging demand for single-family homes and larger condominiums. Phuket has witnessed a sharp change from 2019 when over 9 million tourists sought a place […]
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Destination Group Transacts Khao Lak Hotel

Category: Hotels, Posted:21 Sep 2022 | 16:21 pm The Destination Group has acquired a partially completed beachfront 400-key hotel in Khao Lak, Phang Nga. What was named the Mora Resort which is under construction will see Destination fully complete and brand the property. An opening in late 2023 is planned for the hotel which is located near the JW Marriott. Access to Khao […]
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Soho House Bangkok Opening in December

Category: Hotels, Posted:21 Sep 2022 | 13:09 pm Uber global social brand Soho House will debut in Bangkok this December 2022. Located in the former Eugenia hotel in Sukhumvit Soi 31, the property has been reinvented. With three floors of facilities, food, beverage, and cultural events are also set to be showcased. Soho  House Bangkok membership is set at THB135,000 per year, with […]
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