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Travellers sees double-digit growth

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By James A. Loyola

Travellers International Hotel Group, Inc., the gaming and tourism unit of Andrew Tan’s Alliance Global Group Inc. is confident that it will continue tracking its first quarter double digit growth.

In an interview after the firm’s annual stockholders’ meeting, Travellers President Kingson Sian said growth will ride on the expansion of its hotel business as well as its gaming business.

Sian said Travellers’ hotel portfolio will reach 3,555 keys by year-end as it opens its last hotel in Resorts World Manila, Hotel Okura Manila, which will add 940 keys to the current portfolio.

“That will be a very special hotel. That is the first Japanese-branded hotel in the Philippines,” said Sian.

This will give Resorts World Manila the distinction of having the most number of rooms in a single property to date, noted Sian. The development opened the 390-room Sheraton Manila Hotel last
January.

In October last year, the property opened the 357-room Hilton Manila. The hotels form part of Resorts World Manila’s Grand Wing, also called Resorts World phase three, which also expands Resorts World Manila’s gaming tables to 625 gaming tables and 2,300 gaming machines.

“The ground floor of the grand wing is already open but the second floor will open in July. (And) that will be an entirely new floor. As you expand the new gaming space, you can develop new junket relationships,” said
Sian.

This complements the company’s development in its West Side City in the Bay area, where Travellers International is currently building three hotels with a total of about 1,000 keys.

Travellers International has committed to spend at least $1 billion in Westside City. In Resorts World Manila, the company has already invested $1.1 billion.

Sian said Travellers International attracted 10.5 million visitors last year, an average of 28,000 per day.
“Next year, when the hotels are completed, we’ll probably hit close to 40,000-50,000 per day,” said Sian.

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