In the Philippines, Asian casino operator Genting Hong Kong has reportedly declared that it plans to open its new $1.1 billion Westside City Resorts World integrated casino resort in 2020 complete with a minimum of 1,500 hotel rooms.
According to a report from G3 Newswire, Genting Hong Kong explained that it was currently in the process of “tweaking” the final design for the coming development set for the seafront Entertainment City district of Manila so as to make it “quite unique” from its nearby Resorts World Manila counterpart.
Formally known as Resorts World Bayshore, Westside City Resorts World is reportedly due to sit on a 76.6-acre plot of land alongside Manila Bay and additionally feature “in-house and international hotel brands” as well as a casino managed by Alliance Global Group Incorporated subsidiary Travellers International Hotel Group Incorporated.
“Come 2020, another Resorts World brand will have its second location in the country,” read a statement from Genting Hong Kong. “The Westside City Resorts World will be a 31-hectare property situated in Philippine Amusement and Gaming Corporation’s Entertainment City and is projected to have at least 1,500 hotel rooms from in-house and international hotel brands.”
Genting Hong Kong reportedly included the Westside City Resorts World revelation as part of its financial results disclosure for the six months to the end of June. The Hong Kong-based firm purportedly stated that it had posted a net loss for the half-year period of $203.2 million despite a 22.2% increase year-on-year in net revenues to $532.5 million. The firm reportedly detailed that the six-month deficit was largely due to the month-long closure of its Resorts World Manila property following the June 2 shooting and arson attack that left 38 people dead.
However, since this incident, Genting Hong Kong explained that it had finished construction on the property’s Sheraton Manila Hotel while the nearby Hilton Manila and Maxims II are expected to be complete by early next year.
“The new lodgings will also include additional gaming areas, more retail space and six basement parking decks,” read a statement from Genting Hong Kong. “The Sheraton Manila Hotel will offer 391 new hotel rooms and Maxims II an additional 190 rooms while Hilton Manila will house 355 rooms. Upon completion of all three, Resort World Manila’s room count will increase to 2,390; the biggest among all the integrated resorts in the Philippines.”