Megaworld Corporation is doubling down on tourism as it sets an ambitious target of 9,000 hotel rooms by 2030, further strengthening its position as the country’s largest hotel developer and operator. Through its hospitality arm, Megaworld Hotels & Resorts, the property giant plans to open seven new hotels across its various townships nationwide over the next five years.
The new hotel lineup includes the 554-room Chancellor Hotel in Boracay Newcoast, 404-room Belmont Hotel Iloilo, 300-room Kingsford in Bacolod’s The Upper East, 304-room Savoy Hotel Palawan and 313-room Paragua Sands in Paragua Coastown, 373-room Savoy Capital Town in Pampanga, and the 339-room ArcoVia Hotel in Pasig.
Currently operating 13 hotel properties with approximately 6,000 rooms in key locations such as Metro Manila, Cebu, Boracay, and Tagaytay, Megaworld’s hospitality brands include Richmonde, Belmont, Savoy, Hotel Lucky Chinatown, Twin Lakes Hotel, Kingsford, and the newly opened Grand Westside Hotel.
The company is also integrating the 15-story Courtyard by Marriott in Iloilo into its portfolio this year, adding 326 international-branded rooms. Meanwhile, Belmont Hotel Mactan in Cebu will soon be rebranded under the Accor group as Mercure Mactan Cebu.
In a strategic move to elevate its portfolio, Megaworld has partnered with global hospitality giant Accor to convert at least five more of its homegrown hotels into international-branded properties in the next five years. This development will allow Megaworld Hotels & Resorts to operate both local and global hotel brands across the country.
“This expansion supports our vision of attracting more tourists, conventions, and events to our developments,” said Kevin L. Tan, president and CEO of Alliance Global Group, Megaworld’s parent company. Megaworld CEO Lourdes Gutierrez-Alfonso added that the inclusion of global hotel brands will solidify the company’s lead in the Philippine hospitality sector and boost its contribution to the country’s tourism industry.
Earlier this year, Megaworld formalized its partnership with Accor to enhance and scale its hotel offerings, aligning with the company’s continued growth and international ambitions.
