SM Hotels and Conventions Corp. (SMHCC) is keen on expanding its partnership with the Hong Kong-based Lanson Place Hospitality Management Ltd. (LPHML), if the Sy-led company fully embraces the extended-stay, serviced-apartment market, a growing segment of business travel. Asked about the possibility of putting up more Lanson Places in the…
Signing of Master Development Agreement builds on decade-long partnership with six hotels in operation with further plans to launch 14 new hotels across the country MANILA, Philippines, May 5, 2023 /PRNewswire/ Radisson Hotel Grouphas embarked on the latest phase of its expansion strategy in the Philippines, with the signing of a Master Development Agreement for the Park Inn by Radisson brand, with SM Hotels & Conventions Corp. (SMHCC) for 14 new hotels across the country over the next five years, taking their total targeted portfolio with Radisson Hotel Group, to 20 hotels by 2028. (L-R) Radisson Hotel Group (RHG) APAC Chief Development Officer Ramzy Fenianos, RHG Chief Executive Officer Federico Gonzalez, SM Hotels and Conventions Corp. (SMHCC) President Elizabeth Sy, and SMHCC Executive Vice President Peggy Angeles, at the Master Development Agreement (MDA) signing ceremony. SMHCC develops and manages the hotel and convention properties of SM Prime Holdings, Inc. (SMPH), one o