{"id":777031660,"date":"2025-09-15T08:07:45","date_gmt":"2025-09-15T11:07:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031660"},"modified":"2026-04-21T19:11:47","modified_gmt":"2026-04-21T22:11:47","slug":"westside-city-project-needs-us450m-for-completion","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/westside-city-project-needs-us450m-for-completion","title":{"rendered":"Travellers and Suntrust invest US$450m in push to complete Westside City project"},"content":{"rendered":"\n<p>The Philippine casino resort developed is approximately 70 per cent complete.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- Travellers International Hotel Group and Suntrust Resort Holdings are to invest up to US$450m in the push to complete the US$1.25bn Westside City integrated resort in Manila\u2019s Entertainment City. The project is currently around 70 per cent complete.<\/p>\n\n\n\n<p>According to the Philippine Star, Nilo Thaddeus Rodriguez, Travellers International president and CEO, said the development is &#8220;now full speed ahead with an opening targeted for the third quarter of 2026. The focus now is completing Westside and operating it as soon as we can.\u201d<\/p>\n\n\n\n<p>The project aims for over 2,500 hotel rooms across three brands, more than 2,000 gaming machines and tables, restaurants and lifestyle concepts and a theatre district with the Apollo Theater and the Grand Opera House.<\/p>\n\n\n\n<p>Rodriguez compared the project to Marina Bay Sands and Macau. \u201cIt\u2019s a type of experience. A little bit more flavour of that,&#8221; he said.<\/p>\n\n\n\n<p>Last week, Suntrust Resort Holdings confirmed that it has subscribed to <a href=\"https:\/\/focusgn.com\/asia-pacific\/suntrust-takes-minority-stake-in-westside-city-project\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/suntrust-takes-minority-stake-in-westside-city-project\" target=\"_blank\" rel=\"noreferrer noopener\">400m common shares<\/a> equivalent to a 40 per cent stake in Westside Bayshore Holding Corp (WBHC), a subsidiary of Travellers, under the Alliance Global group. It paid PHP8.00 (US$0.14) per share, amounting to PHP3.20bn (US$56m). That gives it a 20-per cent indirect stake in Entertainment City Resorts Corp (ECRC), which has taken over development of the Westside City project.<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2024\/10\/business-handshake-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/travellers-international-takes-control-of-westside-city-casino-project'>Travellers International takes control of Westside City casino project in the Philippines<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The Philippine casino resort developed is approximately 70 per cent complete.<\/p>\n","protected":false},"author":226,"featured_media":777013109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Travellers International Hotel Group and Suntrust Resort Holdings are investing an additional US$450m to accelerate the US$1.25bn Westside City integrated resort in Manila, targeting a Q3 2026 opening. The project, now 70% complete, will feature extensive gaming, hotel, and entertainment facilities, with Suntrust recently acquiring a significant indirect stake in the development entity. This strategic capital injection underscores a commitment to expanding the Philippines' iGaming and hospitality footprint.","focusai_entities":"Travellers International Hotel Group, Suntrust Resort Holdings, Nilo Thaddeus Rodriguez, Westside Bayshore Holding Corp (WBHC), Alliance Global group, Entertainment City Resorts Corp (ECRC), Apollo Theater, Grand Opera House","focusai_location":"Philippines, Manila, Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Capital Structure Impact?","query":"How will Suntrust's increased indirect stake in ECRC impact the overall capital structure and governance framework of the Westside City project, particularly regarding future funding rounds or potential divestments?"},{"label":"Market Saturation Risk?","query":"Given the existing integrated resorts in Manila's Entertainment City, what is the projected market absorption rate for Westside City's gaming and non-gaming verticals, and what strategies are in place to mitigate potential market saturation risks?"}],"footnotes":""},"categories":[28,16333],"tags":[1428,24693,24194],"class_list":["post-777031660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-manila","tag-suntrust-resort-holdings","tag-travellers-international-hotel-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031660","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031660"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031660\/revisions"}],"predecessor-version":[{"id":777031671,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031660\/revisions\/777031671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777013109"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}