Manila hotel supply to shoot up as gaming lures developers

Manila could add a record number of rooms this year, as hotel brands and developer are lured by the prospects of an emerging gaming scene, reports the South China Morning Post. This will boost the Philippine tourism sector, although other infrastructure is needed before it can flourish.

According to the story, first-timers in the Philippines are Accor Group's Novotel and MGallery, Hilton Worldwide's Conrad and Wyndham Hotel Group's Tryp, which will be contributing to the majority of the 4,612 rooms opening in Manila this year.

That number is more than double the rooms added last year and four times the average increase in the past four years, according to Colliers International Philippines.

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Room additions are expected to exceed 3,500 annually in the next two years, mostly in Manila's integrated casino-resorts. Still, according to the story, having more hotel rooms "does not solve everything." The country suffers from a lack of airports and other infrastructure.