Ayala expanding hotel room portfolio, eyes 6,000 by 2020

THE AYALA GROUP, through its subsidiary AyalaLand Hotels and Resorts Corp. (AHRC), is looking to triple its hotel room portfolio, primarily on the back of a Seda hotels expansion to various segments.

reporters on Thursday that the company currently had 10 hotels undergoing construction, which will add on to its existing 2,000-room portfolio.

“Right now, we have 2,000 rooms. Under construction is another close to 2,000 [rooms],” Legaspi said.

While not disclosing further plans, he added: “In

The AHRC chief said the 10 hotels currently being constructed would “open on a staggered basis starting next year towards 2018.”

“We have 10 hotels under construction. Nine of Mandarin Oriental. We also have different platforms of Seda: resorts and service apartments,” he said.

He cited bright prospects in the tourism sector, Philippine economic growth in the next few years.

- also has two serviced apartments under the SEDA brand, one in Makati City and one in Cebu City, and plans to build another in Bonifacio Global City.

Asked if AHRC would be partnering to bring foreign hotel brands in the country, Legaspi replied: is the Mandarin Oriental for the hotel in Makati.”

Mandarin Oriental announced its closure last year, after 40 years of operations, and said it would be reopening in 2020 under AHRC.

contract for the InterContinental Hotel – also in Makati – later this year, is scouting for opportunities to rebuild the 46-year-old hotel, Legaspi said.

The InterContinental earlier this month announced plans to close soon with Ayala Land, Inc. planning to redevelop the area in which it stands.