Ayala Land, a major real estate developer, plans to increase the total number of hotel rooms in its group to 1,504, including the opening of a new hotel “Seda Manila Bay” (with 350 guest rooms) in the bay area of Parañaque City in the metropolitan area by June. In Ayala Land’s hotel business, the average room occupancy rate in 2022 was 59%, up 6 points from the previous year, and the room occupancy rate in the resort business doubled from 12% in 2021 to 29%. In addition, in addition to opening the commercial building “One Ayala HQ Tower” in Makati City by the end of the year, we are accelerating business expansion by opening Ayala Mall Vermosa in Imus City, Cavite Province. (6th, Star)
More
Zelenskyy to appoint controversial ambassador Melnyk as Ukraine’s permanent representative to the UN
Ukrainian President Volodymyr Zelenskyy has carried out a large-scale...
The economic impact of online casinos on small nations
The rise of online casinos has significantly impacted the...
Typhoon man-yi triggers mass evacuations and high alert in the Philippines
Typhoon Man-yi is expected to sweep across the country....
Follow The Eastern Herald on Google News. Show your support if you like our work.
Topics
Author
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.
Trending Stories
Laurita Fernandez poses totally nude on her back in her Instagram
Laurita Fernandez is one of the most talented...
Donald Trump’s bold threat to “Take back Panama Canal over high fees”
Former US President Donald Trump has made headlines after...
Burkina Faso, Mali and Niger put their armies on high alert
The declaration by the leaders of these countries notes...
Russian and Chinese Air Forces conduct joint strategic patrol in the Western Pacific
Chinese-Russian Air Force, in a great show of military...
Prostitution in Dubai: Understanding the Dark Side of the City
Dubai, a city celebrated for its lavish shopping experiences,...
