SM Hotels and Convention Corp., the hospitality arm of SM Prime Holdings Inc., is set to significantly expand its national footprint, unveiling plans to launch seven new hotels by the end of 2029. This aggressive five-year expansion will increase its hotel count from 10 to 17 and raise room capacity by 51 percent, to 3,923 from 2,602 rooms.
Radisson Hotel Group is accelerating its Philippine expansion with the signing of three new properties in partnership with SM Hotels and Conventions Corp. (SMHCC), strengthening their long-running collaboration and deepening both groups’ presence in key growth corridors.
Metro Pacific Coconut Holdings Corp. (MPCH), a subsidiary of Metro Pacific Investments Corporation (MPIC), has finalized its acquisition of Franklin Baker Company of the Philippines, one of the country’s oldest and largest coconut processors.
Manila Water has partnered with Rockwell Property Management Corporation (RPMC) and Rockwell Workspaces to launch EcoSpark, a new initiative promoting environmental sustainability.