Travellers International Hotel Group - updates

Rappler's latest stories on Travellers International Hotel Group

ARTICLE FINDER

Alliance Global sets P410-billion capex for 2020 to 2024

Jul 01, 2019 - 3:30 PM

Alliance Global's property arm Megaworld Corporation receives the lion's share of the budget set for 2020 to 2024

FUTURE-PROOFING. AGI's 5-year program wants to increase the use of innovation and digital transformation in all of its businesses. Logo from Alliance Global

Alliance Global net income for 2017 stalls on Resorts World attack

Apr 05, 2018 - 8:15 PM

Alliance Global reports a net income of P21.8 billion in 2017, from P22.8 billion in 2016, as losses from its casino and liquor units offset gains from Megaworld and fast-food operations

Resorts World Manila operator's 2017 income plunges over shooting incident

Mar 27, 2018 - 2:14 PM

Gross gaming revenues dropped by 27.6% to P17.1 billion after the June 2, 2017 shooting incident led to the closure of the gaming area for nearly a month

AFTERMATH. Firemen break several windows of Maxims Hotel following the attack on Resorts World Manila on June 2, 2017. File photo by LeAnne Jazul/Rappler

Resorts World Manila sees recovery, fast-tracks expansion

Sep 19, 2017 - 4:30 PM

Foot traffic at the Resorts World Manila complex is almost back up to pre-attack levels, while an expansion of its casino area is eyed for completion by December

Alliance Global net income drops to P10.1 billion in 1st half of 2017

Aug 14, 2017 - 4:10 PM

The group s property and fast food units temper the slower performance of its casino and liquor businesses

Resorts World Manila operator reports P312-M net loss in Q2 after attack

Aug 14, 2017 - 2:50 PM

With the casino non operational for 27 days in June gross gaming revenues fell by 21 68 to P9 2 billion in the 1st half of 2017

House holds final hearing on Resorts World attack

Jun 21, 2017 - 2:08 PM

David Chua chairman of Travellers International Hotel Group that owns and operates Resorts World has been subpoenaed to appear on Wednesday June 21

PROBE TO END. Resorts World Manila facade two days after the attack. Photo by LeAnne Jazul/Rappler

Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms

Jun 17, 2017 - 10:49 AM

About 68 listed Philippine firms including 4 Andrew Tan led businesses will need to sell more shares to the public if SEC hikes the minimum public float to 20

RAISE. The SEC proposed to double the minimum public float level to 20% by July 1, 2017.

More security lapses uncovered as House probes Resorts World attack

Jun 14, 2017 - 10:50 PM

Testimonies from police officials and hotel security reveal a lack of coordination among those deployed to pursue gunman Jessie Carlos

SECURITY LAPSES. A policeman on standby outside Resorts World Manila as gunman Jessie Carlos attacked the hotel-casino on June 2. File photo by Ezra Arcayan/Rappler

Resorts World Manila operator vows to 'defend' gaming license

Jun 13, 2017 - 6:00 PM

This comes after the Philippine Amusement and Gaming Corporation s decision to suspend the provisional license of the casino

QUIET. Firemen break several windows at the height of the fire during the attack of the casino hotel complex on June 2, 2017. Photo by LeAnne Jazul/Rappler

Empire East unaffected by Resorts World Manila attack

Jun 13, 2017 - 2:18 PM

Empire East will continue to invest and expand in the Philippines allocating P25 billion in capital spending budget over the next 5 years to fund its projects in Metro Manila and the south

PUSHING THROUGH. Kasara Urban Resort Residences in Pasig City is one of Empire East's projects. It is planning to build more inside and outside Metro Manila. Photo from Empire East

Alliance Global to build transport hub near NAIA

May 01, 2017 - 8:10 PM

This will connect the country s main international gateway to Newport City potentially increasing foot traffic to tycoon Andrew Tan s development

FOOT TRAFFIC. Alliance Global's Kevin Tan (L) says the transport hub wil be located below the newly-constructed 220-meter air-conditioned elevated bridge called Runway Manila. Photo from Megaworld website

Alliance Global spending over P150B for two-year expansion

Sep 29, 2016 - 3:55 PM

Betting on the country s growth potential Andrew Tan s investment holding firm is spending more to accelerate expansion of its businesses

AGGRESSIVE.'We continue to be optimistic about what lies ahead. That is why we have kept an aggressive capital spending plan moving forward,' Alliance Global president Kingson Sian says. Photo by Rob Reyes/Rappler

Travellers International nets P4B in 2015

Mar 17, 2016 - 8:35 PM

The Resorts World Manila operator sees a drop in income which it blames largely on foreign exchange losses stemming from a strong dollar

Resorts World Manila operator Q2 profits halve

Aug 14, 2015 - 6:31 PM

The Philippines pioneer mega casino reports that its net income fall 46 78 due to a slump in Chinese visitors and rising costs

RED. Travellers International Hotel Group, operator of Resorts World Manila, says net income for the April to June period fell 46.78% from a year earlier to P619.04 million as gaming revenues declined. File image from the Travellers International website

Resorts World Manila to spend P8B for 2015

Jun 18, 2015 - 8:45 PM

Travellers International Hotel Group will spend higher this year banking not only on gaming but hotels malls and convention areas

BULLISH GAMING SCENE. Travellers International, owner and operator of Resorts World Manila (shown here), remains bullish in the Philippine gaming industry. File image from the Travellers International website

Travellers net income up P1.7B; Bloomberry has P533M loss

May 18, 2015 - 12:56 AM

Both casino operators are attempting to rein in operating expenses due to expansions

Travellers International nets P5.45B in 2014

Mar 20, 2015 - 4:54 PM

The gaming and entertainment complex operator reports its net doubles from 2013 despite a decline in net revenues

Alliance Global’s 2020 goal: Be the largest PH hotel developer

Aug 20, 2014 - 2:43 PM

The Andrew Tan led conglomerate aims to build 12 000 hotel rooms under 12 different local and foreign brands

Travellers IPO set at P11.28 apiece

Oct 18, 2013 - 3:12 AM

Proceeds and share price are down by more than half compared to what the firm earlier announced in May

Travellers International pushes through with IPO set at P11.28 apiece. Photo by AFP

Asian gambling market to hit 'tipping point', says Credit Suisse expert

May 03, 2012 - 11:42 AM

Why some countries are succeeding and where the others fit in the build up to the tipping point

Andrew Tan firm eyes Pagcor City casino opening in 2016

May 02, 2012 - 7:34 PM

Travellers may be the last of 4 casino operators to open in the Manila gaming hub