Sign in or Register | Newsletter
Register today to receive each issue absolutely FREE!
Known for its textiles and fashion, Daegu is now looking to boost the...
CMW hears from global associations about how best to handle the impact the...
The director of Reed's giant EIBTM MICE event in Barcelona, Graeme...

Exhibition World Issue 77
Issue 77
Supplement: Basque Country
Supplement: Turkey
posted on: 15/8/2012 09:49:50
Citadines Millennium Ortigas Manila

ASIA - The Ascott Limited has secured a new management contract for its Citadines Apart'hotel brand in Manila, Philippines.

Scheduled to open in 2015, the Citadines Millennium Ortigas Manila serviced residence will be located in a key business and financial district, Ortigas Center, where Filipino and international companies, including the Asia Development and World Bank, are based.

"There are real growth opportunities for Ascott in the Philippines," says Ascott's MD for Southeast Asia and Australia, Alfred Ong. "Foreign direct investment into the country in 2011 climbed to the highest level since 1996.

"We expect strong demand for our serviced residences with an increasing number of business travellers entering the Philippines. Our target is to have 10 properties in the country by 2015," he adds.

In addition to Citadines Millennium Ortigas Manila, Ascott will open Ascott Bonifacio Global City Manila in Taguig City and Citadines Salcedo Makati within the Makati Central Business District in 2014.

Ascott claims to be the largest international serviced residence owner-operator in the Philippines operating more than 1,300 apartment units across seven properties.

Do you have a news story for CMW? Email:

Share article:
Would you like to Leave a Comment?
EUROPE - The NEC Group, put up for sale by Birmingham City Council, has slipped behind its schedule for announcing a new owner, with fears that the deal is taking longer to complete than anticipated.

ASIA - Marina Bay Sands recently supported Messe Berlin (Singapore), the organiser of ITB Asia 2014, which took place 29-31 October, in the delivery of the tradeshow's first ever carbon neutral event.

AMERICAS - Ibtm america has revealed the design of its new exhibitor 'meeting pods' as the event takes on a new format from next year.

AUSTRALASIA - Melbourne Convention Bureau has announced the city is to host the International Particle Accelerator Conference in May 2019.

AMERICAS - The Palais des Congres de Montreal is gearing up to host two major transportation industry conventions in 2017.