Megaworld, the Philippines' leading hotel developer, continues its steadfast commitment to bolstering the nation's tourism sector. With ambitions to have approximately 20 operational hotel properties by 2029, the company demonstrates a significant dedication to this goal.
Established 35 years ago, Megaworld has witnessed substantial growth, particularly within its hotel division, Megaworld Hotels & Resorts. Presently, boasting over 6,000 hotel room keys across 12 properties strategically positioned in key tourism hubs throughout the country, Megaworld stands as a prominent figure in the Philippine hospitality industry.
Visionary Leadership
Kevin Andrew L. Tan, the Chief Executive Officer of Alliance Global Group, Inc. (AGI), the parent company of Megaworld, expressed immense pride in Megaworld's position as a key player in the Philippine tourism scene. He emphasized the diverse range of hotel properties within Megaworld's portfolio, catering to the needs of various tourists and visitors.
Grand Westside Hotel: A Landmark Development
One of Megaworld's flagship projects, the Grand Westside Hotel, is set to redefine hospitality standards upon its opening in June. Situated within the sprawling 31-hectare Westside City township in Parañaque City, this 1,530-room marvel stands as the largest hotel development in the Philippines to date. Boasting convenient proximity to Ninoy Aquino International Airport (NAIA) and offering breathtaking vistas of the Manila Bay sunset and iconic city skylines, the Grand Westside Hotel promises an unparalleled guest experience.
Commitment to Growth and Employment
Cleofe C. Albiso, Managing Director of Megaworld Hotels & Resorts, highlighted the company's role in job creation and economic stimulation. With over 1.7 million guests served in 2023, Megaworld's properties not only contribute significantly to the tourism sector but also generate employment opportunities, with nearly 3,000 jobs created across its developments. The company anticipates creating an additional 1,000 jobs with the imminent opening of three new hotels.
Future Expansion
Looking ahead, Megaworld's hospitality portfolio is poised for further expansion, with plans to introduce six new hotel properties in Pasig City, Pampanga, Boracay, Bacolod, Iloilo, and Palawan by 2029. These developments aim to reinforce Megaworld's market dominance within the burgeoning tourism sector, solidifying its reputation as a visionary leader in the hospitality industry.
Recognitions and Accolades
Megaworld's unwavering commitment to excellence has garnered it a multitude of accolades, including the prestigious 'Hall of Fame' recognition as the 'Best Developer' at the Property and Real Estate Excellence Award presented by FIABCI Philippines from 2015 to 2017. Additionally, the company has secured consecutive 'Best Developer' honors at the Philippines Property Awards bestowed by PropertyGuru from 2016 to 2018.
