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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.

Other News

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Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
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Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]
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Minor’s Bill Heinecke Speaks Out About Chinese Return

Category: Hotels, Posted:21 Oct 2020 | 11:40 am We had a candid conversation a few days ago with Minor International’s Founder and Chairman Bill Heinecke about Thai tourism. Two key takeaways from the conversation were: The Asian financial crisis of 1997 was a walk in the park compared to the damage to the Thai economy during Covid-19. Thailand must find a way to […]