By Leslie D. Venzon
MANILA, Oct. 1 (PNA) — Travellers International Hotel Group Inc. on Wednesday started the construction of the US $ 1.1-billion Bayshore City Resorts World at the Entertainment City complex in Parañaque City, which is envisioned to become one of the biggest entertainment destinations in the Asia-Pacific region.
In a disclosure, Travellers said its unit, Resorts World Bayshore City, Inc. (RWBCI), held the groundbreaking rites for its second integrated resort and entertainment property in the country, the completion of which is targeted on the last quarter of 2018.
It said the 31-hectare Bayshore City Resorts World comprises four integrated resorts which are “expected to significantly contribute positively to Philippine tourism in the coming years.”
It will have over 1,500 hotel rooms operated by international brands which include “The Westin Hotel Manila Bayshore” of the Starwood Asia Pacific Hotels & Resorts group, the “Hotel Okura Manila” of the Okura Hotels & Resorts and the “Genting Grand” and “Crockfords Tower” of the Genting group.
Resorts World Manila, the first Travellers-owned and operated property in Pasay, is also currently undergoing expansion projects.
“With the current developments at both Resorts World Manila and Bayshore City Resorts World properties, Travellers continues to push the envelope in the integrated resort industry…,” said Travellers president Kingson Sian.
“When completed, Entertainment City will have one of the highest concentrations of tourism-oriented investments and hospitality employment in the country,” said PAGCOR chairman and chief executive officer (CEO) Cristino L. Naguiat, Jr.
For his part, Parañaque Mayor Edwin Olivarez said the completion of the integrated resort and entertainment complex can create more jobs for city residents and provide more revenues for the local government.
“More importantly, this means we are getting closer to becoming one of the biggest tourist and entertainment destinations not only in the Philippines, but in the entire Asia-Pacific region,” said Olivarez. (PNA)