Ayala Land—controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Corp., the Philippines’ oldest conglomerate—will spend $500 million to almost double its hotel rooms by ...
“Our capex [capital expenditure] investment in the next five years is $500 million… what we plan to do is really a combination of different types of hotel expanding on our homegrown products, but also ...
MANILA, Philippines – Ayala Land Hospitality (ALH) will spend $500 million in the next five years to double its hotel room capacity. This move is being taken as Ayala Land Inc.’s hotel and ...
Ayala Land Hospitality Corp., the new unit of listed Ayala Land Inc. that will handle all the company’s hotels and resorts, will spend some $500 million through 2030 to increase its room keys.
The world of hotels and resorts is just about as wide and varied as the world we live in. After all, for every destination, there are usually a few (if not dozens, or even hundreds) of options for ...
Property developer Ayala Land Inc. (ALI) is making big bets on hospitality and industrial real estate ... Dy said for the hospitality business, the company plans to add 4,000 hotel rooms over the next ...
MANILA, Philippines — Real estate giant Ayala Land Inc. (ALI) rebranded its Hotel and Resorts Corp. arm to Ayala Land Hospitality and is setting plans for further rebranding and development of ...
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Malls led the way, followed by offices, hotels, and logistics. Meanwhile, the development portfolio dropped from ₱13.2 billion to ₱10.06 billion in realized revenues, supported by residential revenue ...