Integrated resorts are becoming the ticket to pulling international (and domestic) travelers to Asia. Last year Singapore saw its numbers skyrocket after the opening of its integrated resorts, Marina Bay Sands and Resorts World Sentosa. Earlier this year Macau debuted its integrated resort, Galaxy Macau.
Now it's the Philippines' turn. Travellers International Hotel Group will invest approximately $1.1 billion in the Philippines' Resorts World Bayshore, located in Pagcor Entertainment City Manila, according to ABS-CBN News. According to the report, contraction will begin by the end of the year through joint venture between Andrew Tan's Alliance Global Group Inc. and Genting Hong Kong Ltd. The integrated resort, according to the Philippine Daily Inquirer, is designed to replicate the success of the group's first complex, Resorts World Manila, in Newport City.
Integrated resorts are suited to Asia, which has both the population and available land to construct them. The development of integrated resorts will not only encourage short-haul travel between neighboring Asian countries, but will pull in the international arrivals with big draws like recognizable hotel brands, amusement parks and celebrity chef-owned restaurants.
Resorts World Bayshore will be three times bigger than Newport City. "There's going to be more open space, more amenities and retail space will be bigger," Kingson Sian, president of Travellers, told the Inquirer. "We're buidling another theater. There are a few more things we want to put there which we can't put in Newport City because of lack of space."
Sian told ABS-CBN news that the group is planning to build two or three hotels for the Bayshore project, which will have at least 2,800 rooms.
Resorts World Manila is also expecting some improvements. The resort will roll out four more hotel facilities over the next five years to add to the existing three, Maxims Tower, Marriott Hotel and Remington Hotel.