The development of a global business district and renovation along the...
Supplement: Bright lights, big cities
ASCOTT TO OPEN ITS SEVENTH SERVICED RESIDENCE IN THE PHILIPPINES posted on: 15/8/2012 09:49:50
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.
WORLD - Gary Grimmer, CEO of consulting and sales representation firm GainingEdge, has been honoured by Destination Marketing Association International as one of the first six inductees into its newly established Hall of Fame.
To mark the three-month countdown to the IMEX Challenge CSR programme, and as a call to action for industry professionals to get involved, staff from IMEX America gathered at The Shade Tree Shelter in Vegas last week.
WORLD - A new report released by the Global Business Travel Association (GBTA) Foundation, the education and research arm of the GBTA, has found multiple differences exist between North American and European based hotel programmes.