Hotel developer to expand outside NCR
SM Hotels and Conventions Corp. (SMHCC) is set to open 1,700 new hotel rooms in the next four years, largely in the provincial areas to serve the growing l...
Source: malaya.com.ph
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SM Investments : Hotels to focus expansion in growth areas outside NCR
SM Hotels officially launched its first Lanson Place property at the Mall of Asia Complex, Pasay City in April 2024. PASAY CITY, Philippines, May 31, 2024 - SM...
Source: marketscreener.com
More Filipinos consuming cage-free eggs, survey reveals
FOR the longest time, the idea of eating healthy is not really lost in the minds of people around the world. In fact, the pandemic even fueled the desire of families and people around the world to choose to eat vitamin- and nutrient-rich foods that will boost the immune system…
Source: businessmirror.com.ph
Stakeholders doubt hotel shortage, but hike in room rates 'inevitable'
STAKEHOLDERS in the hotel industry doubt a shortage of properties in their industry and believe more investors are confident in opening up new accommodation establishments. In an interview with the BusinessMirror, Hotel Sales and Management Association (HSMA) president Loleth So said, “We believe there will be no shortage in hotel…
Source: businessmirror.com.ph
SMHCC makes its bid for the serviced apartments market
SM Hotels and Conventions Corp. (SMHCC) is keen on expanding its partnership with the Hong Kong-based Lanson Place Hospitality Management Ltd. (LPHML), if the Sy-led company fully embraces the extended-stay, serviced-apartment market, a growing segment of business travel. Asked about the possibility of putting up more Lanson Places in the…
Source: businessmirror.com.ph