Published on : Thursday, December 28, 2017
It capitalized on the rising numbers of travellers to this Southeast Asian nation.
This company has contracted with the operator of an integrated casino resort close to Manila Ninoy Aquino International Airport with a view to manage the new hotel under the premium Japanese brand.
Hotel Okura Manila is an 11-storey building.
The construction is scheduled to be completed in the autumn of 2018. It would be equipped with 191 rooms with standard room size of about 60 square metres, as asserted by Hotel Okura.
The Tokyo-based hotel operator has also sealed a contract with Resorts World Bayshore City Inc. that is a subsidiary of the resort owner for another Okura brand hotel to be opened in or after the year 2020. The hotel would be a part of Bayshore City Resorts World.
It is an integrated resort.
It is based on the coast of Manila Bay in Paranaque, metropolitan Manila. Philippines has been the fastest growing economy in this region witnessing a 10% annual increase of late reaching about 5.9 million in 2016 as per Hotel Okura.
The regional government has established a target of 12 million inbound tourists by 2022.
This Japanese hotel chain is striving to bring about business expansion overseas especially in Asia that seeks to operate 100 hotels by 2020 up from the current 72 of which 25 are operated abroad.