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MANILA, Philippines – Ayala Land Inc. is set to invest $500 million in expanding its hospitality business, aiming to nearly double its hotel and resort portfolio by 2030, banking on the booming Philippine tourism sector.
At a press conference in Makati City, Ayala Land Hospitality president and CEO George Aquino shared the company’s ambitious plan to increase its total room capacity to nearly 8,000 within the next five years.
“Our capital expenditure investment in the next five years is $500 million… We are expanding our homegrown brands while also exploring partnerships with international hotel names,” Aquino said.
Ayala Land has consolidated its hospitality brands under Ayala Land Hospitality, which currently manages:
The company remains optimistic about the Philippine government’s goal of 12 million tourist arrivals by 2028 and is positioning itself to cater to this anticipated growth.
According to Mariana Zobel de Ayala, head of leasing and hospitality at Ayala Land, the company is betting on government-led infrastructure projects that will improve access to key travel destinations.
Meanwhile, Paloma Urquijo Zobel de Ayala, the company’s chief creative officer, emphasized the importance of design and Filipino craftsmanship in shaping the future of Ayala Land’s hospitality brand.
“We believe in crafting unforgettable stays that celebrate both place and experience. Each property will showcase meaningful design brought to life by Filipino artistry and craftsmanship,” she said.
With this massive investment, Ayala Land Hospitality is set to strengthen its presence in both the local and international hospitality scene, enhancing its reputation as a leader in Philippine tourism and real estate development.
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