the group\u2019s financial results<\/a><\/em><\/strong>, causing a 38 per cent decline in net income in the first quarter of 2020 compared to 2019.<\/p>\n\n\n\nLocated in Quezon City, Solaire North will be the operator\u2019s second IR in the Philippines, after Solaire Resort and Casino in Para\u00f1aque City.<\/p>\n\n\n\n
The latter was allowed to resume operations on June 15 with reduced capacity and the introduction of safety measures against Covid-19.<\/p>\n\n\n\n
Solaire North will boast a 40-storey tower on a 1.5-hectare site that will include hotels, dining outlets, bars and lounges, entertainment facilities and a casino, among other amenities.<\/p>\n","protected":false},"excerpt":{"rendered":"
Construction of the integrated resort has restarted after being halted for over a month due to Covid-19 measures.<\/p>\n","protected":false},"author":2,"featured_media":7424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Bloomberry Resorts has restarted construction on its Solaire North integrated resort project in Quezon City, Philippines, with an anticipated completion by late 2022 or early 2023. The project's delay due to COVID-19 measures impacted the company's Q1 2020 net income, while its existing Solaire Resort and Casino has resumed operations with reduced capacity.","focusai_entities":"Enrique Razon Jr., Bloomberry Resorts, Solaire North IR project, Solaire Resort and Casino","focusai_location":"Philippines, Metro Manila, Quezon City, Para\u00f1aque City","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Solaire North CAPEX Impact?","query":"What is the revised capital expenditure forecast for the Solaire North IR project, considering the construction halt and potential supply chain disruptions?"},{"label":"GGR\/NGR Projections?","query":"How will the anticipated late 2022\/early 2023 opening of Solaire North impact Bloomberry Resorts' GGR and NGR projections for the 2023-2025 fiscal years?"}],"footnotes":""},"categories":[28,16333],"tags":[413,128],"class_list":["post-7422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-bloomberry","tag-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7422","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=7422"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7422\/revisions"}],"predecessor-version":[{"id":7455,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7422\/revisions\/7455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/7424"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=7422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=7422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=7422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}