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
SM focuses on expansion to serve more regions
/PRNewswire/ -- The SM group continues to expand its presence nationwide to serve more Filipinos and communities. "We will continue to invest in growth in the...
Source: prnewswire.com
SMIC hikes capex budget to support expansion in 2024
SM Investments Corp. (SMIC), the holding firm of the Sy family, said it is setting aside as much as P120 billion for its capital expenditures (capex) this year, 50 percent higher than the previous year’s P80 billion. Franklin Gomez, the company’s senior vice president for finance, said the capex excludes…
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