Travelers International Hotel Group Inc., Andrew Tan’s gaming and hospitality arm, announced on Wednesday that Resorts World Manila in Pasay is rebranding as Newport World Resorts.
“The name change reflects a change in the brand’s perspective to present itself as the most innovative, dynamic and all-inclusive casino, hotel and entertainment complex in the country,” the company said in a statement.
“Newport World Resorts (NWR) is reinventing the brand to bring together its innovative integrated resorts and the best of its community in the sprawling Newport City complex.”
Genting Hong Kong Ltd., Travelers’ partner at the combined resort and casino, filed for bankruptcy in January and is selling its ships to pay off debt.
Genting Hong Kong continues to partner with Travelers in operating the facility.
The first integrated resort and casino in the Philippines, opened in 2009, Newport World Resorts is located directly opposite Terminal 3 of the Ninoy Aquino International Airport. cinemas and a multipurpose performing arts theater.
The facility, which was part of the Villamore Air Base property, now boasts the highest number of rooms in a single hotel with five international hotel brands including Marriott Hotel Manila, Sheraton Manila Hotel, Hotel Okura Manila, Hilton Hotel Manila and Holiday Inn. Express Manila Newport City.
In March, Tana’s holding company Alliance Global Group Inc. (AGI) said it has invested about 7.8 billion pesos in Travelers, which will be done through an increase in paid-in capital, the company said in a statement.
“Injecting fresh capital to increase traveler working capital will enable AGI’s entertainment and hospitality businesses to meet their commitments and be in time for business recovery following the easing of Covid-19 restrictions,” AGI said in a statement.
Travelers delisted from the Philippine Stock Exchange in 2019.
Image credits: Photo provided