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Stakeholders doubt hotel shortage, but hike in room rates inevitable

STAKEHOLDERS in the hotel industry doubt a shortage of properties in their industry and believe more investors are confident in opening up new accommodation establishments. In an interview with the BusinessMirror, Hotel Sales and Management Association (HSMA) president Loleth So said, “We believe there will be no shortage in hotel…

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SMIC allots P115 billion for 2024 capex

SMIC allots P115 billion for 2024 capex
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

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An authentic take on Thai street food

An authentic take on Thai street food
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

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SMHCC to spend P16B to expand hotel portfolio

SMHCC to spend P16B to expand hotel portfolio
malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.

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SMIC hikes capex budget to support expansion in 2024

SM Investments Corp. (SMIC), the holding firm of the Sy family, said it is setting aside as much as P120 billion for its capital expenditures (capex) this year, 50 percent higher than the previous year’s P80 billion. Franklin Gomez, the company’s senior vice president for finance, said the capex excludes…

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