ROBINSONS Hotels and Resorts (RHR), a unit of Gokongwei-led Robinsons Land Corp. (RLC), plans to invest P10 billion to expand its upscale hotel portfolio in key locations across the country over the next few years.
ROBINSONS Hotels and Resorts , a unit of Gokongwei-led Robinsons Land Corp. , plans to invest P10 billion to expand its upscale hotel portfolio in key locations across the country over the next few years.In a stock exchange filing on Thursday, RLC said its hotel arm was looking to add more than 990 room keys to its 'upscale and ultra-luxury' hotel portfolio.
'Our growth is closely aligned with the Gokongwei Group's commitment to offering the best hospitality options across all travel segments,' RHR Senior Vice President Barun Jolly said.The projects are expected to solidify RHR's position as a leader in the hospitality sector, with RHR currently operating 30 properties in 20 cities and municipalities nationwide.
Investing P10B To Boost Hotel Portfolio
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