Pan Pacific Hotels Group Now Announces PARKROYAL Serviced Suites Manila Bay in Metro Manila’s Growing Long-Stay Market

Published on November 25, 2025

Pan Pacific Hotels Group (PPHG), the hospitality arm of UOL Group Limited of Singapore, has finalized agreements to operate the new PARKROYAL Serviced Suites Manila Bay. This signing continues the Group’s expansion in Southeast Asia with a focus on the rapidly growing long-stay sector. The new property will be in the center of Metro Manila, which is the Philippines’ premier financial and commercial district. This development is part of a mixed-use, two-tower complex which will include office and retail space, and luxury serviced suites. The property, which will include a collection of studio, one-bedroom, and two-bedroom suites, will be accessible in the first half of 2027.

Capitalizing on Manila’s Growth Potential

The location of PARKROYAL Serviced Suites Manila Bay offers a strategic advantage, sitting within Metro Manila, which serves as the epicenter for government, finance, education, and culture in the Philippines. This vibrant and dynamic region is experiencing strong growth, underpinned by a robust economic outlook. According to the Asian Development Bank (ADB), the Philippines’ gross domestic product (GDP) is projected to expand by 6.0% in 2025 and 6.1% in 2026, continuing its steady recovery and growth trajectory.

The growth of international arrivals to the Philippines post-pandemic also fuels demand for high-quality long-stay accommodations. In 2024, Bureau of Immigration data recorded 14.7 million international arrivals, with visitors from countries such as South Korea, the United States, China, Japan, Australia, and Singapore leading the way. Furthermore, the Department of Tourism reported a 60% increase in tourist arrivals between 2022 and 2024, showcasing the nation’s growing appeal as a destination for both leisure and business travel.

Long-Term Stay Demand on the Rise

A significant trend in the tourism and hospitality sector is the growing demand for long-term stays. The Philippines is seeing an increase in tourists staying for longer durations, with average stays now extending to over 11 nights, compared to 9 nights before the pandemic, as noted by the Department of Tourism. This shift is directly contributing to the demand for premium serviced apartments in Metro Manila, particularly from business travelers, executives relocating to the region, and extended-leisure guests.

Hotel occupancy rates in Metro Manila have also remained strong, further indicating the demand for long-stay accommodations. According to JLL’s latest report, the region’s overall hotel occupancy rose to 83.2% in Q4 2024, up from 78.4% in the previous quarter. This uptick highlights the sustained demand for high-quality hotel accommodations, providing a solid foundation for the growth of serviced apartments and long-term rental options.

Strengthening Long-Stay Portfolio in Southeast Asia

The launch of PARKROYAL Serviced Suites Manila Bay aligns with PPHG’s Version 2.0 growth strategy, which aims to expand the Group’s presence in the long-stay segment. This sector continues to experience significant demand as professionals, families, and leisure travelers seek flexible living arrangements that combine the comfort of residential living with the convenience and service levels of a hotel. With its emphasis on high-quality, professionally managed residences, PARKROYAL Serviced Suites Manila Bay will cater to this growing need in the Southeast Asian market.

As part of this strategic expansion, PARKROYAL Serviced Suites has undergone a brand refresh, introducing future-ready concepts that blend residential comfort, thoughtful services, and contact-light convenience. This ensures that guests can enjoy a seamless experience tailored to modern living standards. With its portfolio of serviced apartments growing across Asia Pacific, PPHG is setting new benchmarks for extended-stay hospitality in gateway cities like Manila, combining convenience, lifestyle, and sustainability in spaces designed for the evolving needs of travelers.

Southeast Asia’s Long-Stay Market: A Promising Future

Industry forecasts predict a multi-year growth trajectory for the serviced apartment sector in Asia Pacific, driven by the continued rise of business, leisure, and relocation travel. According to market analysts, the demand for high-quality, professionally managed long-term rental properties in Metro Manila and other major cities in Southeast Asia is expected to remain strong in the coming years. PARKROYAL Serviced Suites Manila Bay will play a key role in fulfilling this demand, providing guests with a premium option for extended stays in one of the Philippines’ most vibrant cities.

The PARKROYAL brand’s expansion into Manila also underscores PPHG’s ongoing commitment to providing flexible accommodation options in one of Southeast Asia’s most dynamic hospitality markets. With high demand for long-term stays and a growing number of international visitors, the addition of PARKROYAL Serviced Suites Manila Bay will further solidify PPHG’s reputation as a leader in the serviced apartment sector.

Looking Ahead to 2027

With the launch of PARKROYAL Serviced Suites Manila Bay in 2027, Pan Pacific Hotels Group is positioned to take full advantage of the expanding long-stay market in Metro Manila. The new development will offer guests a seamless blend of home-like comfort and hotel-level services, designed to meet the needs of modern travelers who require flexible living arrangements for extended periods.