{"id":18109,"date":"2021-05-20T15:29:03","date_gmt":"2021-05-20T15:29:03","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=18109"},"modified":"2026-04-23T19:21:41","modified_gmt":"2026-04-23T22:21:41","slug":"ph-resorts-expects-tourism-recovery-amid-vaccination-plan","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ph-resorts-expects-tourism-recovery-amid-vaccination-plan","title":{"rendered":"PH Resorts expects tourism recovery amid vaccination plan"},"content":{"rendered":"\n

PH Resorts hopes for a recovery of the tourist sector as the Philippines’ vaccination plan moves forwards.<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0PH Resorts Group Holdings\u00a0<\/strong>hopes for an economic recovery in the following months as long as vaccines are rolled out.<\/p>\n\n\n\n

According to the Ministry of Health, the Philippines has given at least one dose of a vaccine to 3.3 million<\/strong> of its 108 million population.<\/p>\n\n\n\n

Jose Angel Sueiro,\u00a0PH Resorts<\/a> chief operating officer, said he expects a soft opening of Emerald Bay resort in Cebu in the second quarter of 2022 and completion of Phase 1 in the third quarter of next year.<\/p>\n\n\n\n

Sueiro said: “The re-imposition of\u00a0stricter quarantine measures<\/strong>\u00a0in March earlier this year created more difficulties in the construction of Emerald Bay in terms of labour mobilization and materials delivery just as we were generating momentum.”<\/p>\n\n\n\n

The company had originally hoped for a soft launch by the end of this year<\/strong>. That was put back to the second quarter of 2022<\/strong> due to the impact of the Covid-19 pandemic. It\u2019s now put the completion of phase 1 back to the third quarter of 2022.<\/strong><\/p>\n\n\n\n

The second phase, which will add more than 700 electronic gaming machines and 146 additional gaming tables, is now slated for completion\u00a0by 2026<\/strong>. The\u00a0second phase will also include space for meetings and exhibitions<\/strong>\u00a0and a second five-star hotel.<\/p>\n\n\n\n

Manila IRs allowed to receive guests <\/strong><\/h2>\n\n\n\n

The Philippines Department of Tourism (DOT) has recently allowed\u00a013 Manila Integrated Resorts<\/strong>\u00a0to reopen and receive guests for staycations.<\/p>\n\n\n\n

With a total of 5,986 rooms<\/strong> between them, Metro Manila IRs may receive only staycation guests from within the National Capital Region<\/strong>. Guests must be aged between 18 and 65.<\/p>\n\n\n\n

The announcement comes a few days after the government announced that Metro Manila<\/a> would ease Covid-19 countermeasures<\/strong> after a drop in the number of active cases.<\/p>\n\n\n\n

Although Metro Manila IRs have been allowed to receive guests, there have been no further announcements regarding the reopening of casinos<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

PH Resorts hopes for a recovery of the tourist sector as the Philippines’ vaccination plan moves forwards.<\/p>\n","protected":false},"author":176,"featured_media":18122,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PH Resorts Group Holdings has revised the timeline for its Emerald Bay resort in Cebu, with Phase 1 now expected for a soft opening in Q2 2022 and completion in Q3 2022, citing COVID-19 related construction challenges. Concurrently, the Philippines Department of Tourism has permitted 13 Manila Integrated Resorts to reopen for staycations for local residents, though casino operations remain suspended.","focusai_entities":"PH Resorts Group Holdings, Jose Angel Sueiro, Ministry of Health, Philippines Department of Tourism","focusai_location":"Philippines, Cebu, Manila, Metro Manila, National Capital Region","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Emerald Bay CAPEX Impact","query":"What is the revised capital expenditure forecast for PH Resorts' Emerald Bay project given the extended construction timeline and potential cost escalations?"},{"label":"Manila IR Revenue Outlook","query":"How will the 'staycation-only' restriction and age limits impact the near-term gross gaming revenue (GGR) and non-gaming revenue (NGR) for Metro Manila Integrated Resorts?"}],"footnotes":""},"categories":[157,158,16333],"tags":[23632,23907,23807],"class_list":["post-18109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-integrated-resorts","tag-land-based-casino","tag-ph-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=18109"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18109\/revisions"}],"predecessor-version":[{"id":18139,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18109\/revisions\/18139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18122"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=18109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=18109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=18109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}