Anchor Land Holdings chose hotel management services provider Accor Group manage the Admiral Hotel and is spending more than $725 million to rebuild and rehabilitate the historic landmark along Roxas Boulevard.
Anchor Land vice chairman Steve Li told reporters in an interview that the Accor Group was hired to manage the 150-room hotel because of branding reasons and its long-standing expertise in the industry.
The Admiral Hotel redevelopment is expected to be completed in the last quarter of 2016.
With the the Accor Group management, Admiral Hotel will be the first MGallery Hotel in the Philippines, Li noted, citing one of the high-end hotel brands under the group.
The group's portfolio include the brands Sofitel, Pullman, Grand Mercure, Novotel, Suite Novotel, Mercure, Adagio and Hotel F1.
Admiral Hotel is part of the Anchor Land Admiral Baysuites project which includes a 53-story condominium.