Philippines' Ayala Land To Spend $500 Million To Expand Hotel Footprint Amid Tourism Boom

By Forbes | 1 month ago

Ayala Land plans to invest $500 million to double its hotel rooms by 2030, aiming for 7,500 room keys, up from over 4,000. The company is rebranding its unit to Ayala Land Hospitality to capitalize on the Philippines' growing tourism industry.

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