KUALA LUMPUR (Oct 2): Malaysia-based Genting group's proposed US$1.1 billion (RM3.6 billion) Resorts World Bayshore City (RWBC) in the Philippines will offer at least 1,500 rooms under the initial phase, the Philippine Daily Inquirer reported today.
According to the news report, which quoted Resorts World Manila (RWM) Executive Vice President Steve Riley, the rooms at RWBC within Pagcor Entertainment City, will be operated by, among others, Genting group's "Genting Grand" and "Crockfords Tower".
Speaking to reporters during the ground breaking ceremony for RWBC, Riley said the first phase of the RWBC development would occupy 12 ha of the 31-ha project.
The first phase of RWBC will have 77,000 square metres of retail space, a 3,000-seater theater and multiple cinemas apart from the gaming space. The complex will also offer condominium towers as well as conference and exhibition facilities, according to Riley.
The resort is one of the last among the four licensees to open in Pagcor. Riley was quoted as saying that the move would be beneficial to the group to offer something new other than the existing attractions and also benefit from the current foot traffic.
RWBC seeks to replicate the success of RWM in Newport City. The RWM and RWBC projects are undertaken by Travellers International Hotel Group Inc.
Travellers is a joint venture between the Philippines-based Alliance Global Group Inc and Genting Hong Kong Ltd.
Genting Hong Kong is listed in Singapore and Hong Kong.