Ayala Land Inc. has started a two-year program renovating four of its flagship malls as part of efforts to refresh its facilities after the pandemic.
Mariana Beatriz Zobel de Ayala, Ayala Land director and senior vice president for leasing, said the business is renovating the Glorietta and Greenbelt malls in Makati, Trinoma in Quezon City and Ayala Center Cebu.
“In all of those projects, we’ve taken a step back to really understand our target market, what their needs are, what they’re looking for, how we might be able to excite and surprise them in a different way,” she said.
The enterprise is also doubling its hotel room count to about 8,000 in five years from 4,000 rooms at the moment.
“We’re really proud of our homegrown brands and have 12 locations today. We see a lot of opportunity for SEDA. It has done really well with consumers. We’re looking at expanding, adding more hotels in tourist dense locations,” she said.
According to her, the company is already planning its mall renovation and the public may see parts of it over the next year through 2026.
The re-planning has resulted in additional leasable area for the malls, she said.
