Megaworld Accelerates Hotel Portfolio to Nearly 12,000 Rooms by 2032 with Manila Casino Integration

Megaworld Corp is accelerating its hospitality business, targeting a portfolio of nearly 12,000 hotel rooms by 2032. The plan includes the 1,530-room Mövenpick Manila Bay Westside, linked to the Westside Resort casino complex in Manila, as reported by GGRAsia.

The Mövenpick property, formerly the Grand Westside Hotel, sits within Megaworld’s Westside City township in Parañaque. It is due to open before the end of 2026 and connects via sky bridge to the casino project, developed through a partnership between Travellers International Hotel Group Inc and Suntrust Resort Holdings Inc. Travellers International reported attributable net income that nearly doubled year-on-year to PHP568 million (US$9.2 million) in the first half of 2026.

Portfolio Reorganization and Expansion Plans

Megaworld has formed Megaworld Global Hotels and Resorts to oversee the growth, splitting the portfolio between Megaworld Hotels & Resorts and Megaworld Global Hospitality. The latter will manage the Mövenpick Manila Bay Westside—its largest hotel—plus new properties in Palawan and three existing sites in Iloilo. Further hotels are planned for Ilocos Norte and other major tourism and business hubs, mixing the group’s own brands with international names.

Lourdes Gutierrez-Alfonso, Megaworld president and chief executive, said the expansion was intended to help make the Philippine tourism industry “more vibrant and attractive, especially to foreign visitors.” Kevin Tan, Alliance Global president and CEO, added that tourism was “one of the most powerful engines of sustainable economic growth” and that the hotel portfolio would unlock “the immense tourism potential of the Philippines.”

Leadership Appointments and Segment Results

Socrates Alvaro was named managing director of Megaworld Hotels & Resorts. Anna Vergara will head Megaworld Global Hospitality; she has more than 32 years of experience with Marriott International. Megaworld’s hospitality business emerged as the company’s fastest-growing recurring income segment in the first half of 2026, with revenue of PHP3.1 billion, up 11 percent year-on-year.

Delivery Risks in Integrated Tourism Assets

Execution timelines for the 2026 opening and subsequent pipeline additions will determine whether the targeted room count translates into sustained revenue growth. Any slippage in casino-hotel connectivity or broader tourism recovery could limit the uplift from foreign visitors that Gutierrez-Alfonso and Tan highlighted.

Reporting: GGRAsia

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