Sign in or Register | Newsletter
 
 
Exhibition World April 2015
April 2015
Exhibition World Supplement: Dubai
Supplement: Dubai
CMW takes a closer look at the impact of Russian alienation on one of the...
More
From inner London, to barcelona and beyond, CMW meets international man of...
More
Bordeaux, for good reason, will always be associated with its wine, but...
More


Register today to receive each issue absolutely FREE!
ASCOTT TO OPEN ITS SEVENTH SERVICED RESIDENCE IN THE PHILIPPINES
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: zvernor@mashmedia.net

Print:
Email:
Share article:
COMMENTS
Would you like to Leave a Comment?
LATEST NEWS
AMERICAS - Seven mayoral candidates have put forward their plans to tackle the challenges and opportunities for the city's travel and tourism business

SAN DIEGO CUTS WASTE FIGURES
posted on: 24/4/2015 11:12:33
AMERICAS - The San Diego Convention Center has capped years of work to reduce its environmental impact.

US HOTEL RATES AND OCCUPANCY HIT ALL-TIME HIGH
posted on: 24/4/2015 07:46:10
AMERICAS - The US hotel industry is firing on all cylinders, experts say.

SAO PAULO SNARES WATER CONGRESS
posted on: 23/4/2015 09:20:30
The World Congress on Desalination and Water Reuse will take place in Sao Paulo in 2017.

IMEXRUN - INSPIRED BY RIO DE JANEIRO
posted on: 22/4/2015 18:42:06
EUROPE - Sports by tlc, an event specialist working mostly on the Iberian-Peninsula and Latin America is to organise the IMEXrun at the Frankfurt trade show, 20 May.