Property giant Ayala Land acquired the New World Makati Hotel for an undisclosed amount last June, but a revised investment plan from another transaction hints at a multibillion peso transaction.
Tycoon Kevin Tan-led Megaworld Corp. is pushing to become the country’s dominant hotel developer, targeting 9,000 hotel rooms by 2030 through seven new hotels across major townships.
After five decades as a Bangkok icon, the Dusit Thani name returns as a newly built 257-room luxury tower designed to reclaim its position as the city’s flagship hotel.
Hotel101, the hotel chain under DoubleDragon Corp., is tapping into Jollibee’s iconic appeal to boost app engagement, offering a free 2-piece Chickenjoy with rice for every night booked through its mobile app until July 31, 2025.
Hotel101 is betting on a globally consistent hotel experience through a scalable tech platform—a move that could redefine how hospitality assets are developed, sold, and managed.
The collaboration marks a strategic shift for Megaworld, the country’s largest operator of Filipino hotel brands, as it moves to compete more aggressively in a post-pandemic tourism market that increasingly values both global brand recognition and localized service delivery.
Hotel101 Global is teaming up with Saudi Arabia’s Horizon Group to build up to 10,000 rooms under the Hotel101 brand, targeting a project value of around $2.5 billion (P140 billion).