{"id":777049707,"date":"2026-11-12T09:32:21","date_gmt":"2026-11-12T12:32:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777049707"},"modified":"2026-11-12T10:10:34","modified_gmt":"2026-11-12T13:10:34","slug":"alliance-global-targets-year-end-opening-for-us1-25bn-westside-resort","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/alliance-global-targets-year-end-opening-for-us1-25bn-westside-resort","title":{"rendered":"Alliance Global targets year-end opening for US$1.25bn Westside Resort"},"content":{"rendered":"\n
The Manila development will add more than 2,500 hotel rooms and 2,000 gaming machines and tables to Alliance Global’s portfolio.<\/p>\n\n\n\n\n\n\n\n
Key takeaways<\/strong><\/p>\n\n\n\n The Philippines.- Alliance Global Group Inc<\/strong> has set the end of 2026 as the target for the opening of its US$1.25bn Westside Resort<\/strong> integrated casino development in Manila. In a November 12 disclosure to the Philippine Stock Exchange (PSE)<\/strong>, the company provided an update on the project as part of its financial results for the nine months ended September 30, 2026.<\/p>\n\n\n\n The development is located in Manila\u2019s Entertainment City gaming and tourism district and is being undertaken through Entertainment City Resorts Corp (ECRC)<\/strong>, following a restructuring involving Travellers International Hotel Group<\/strong> and Suntrust Resort Holdings<\/strong>. Alliance Global and Travellers International have a combined 80 per cent interest in the project, while Travellers is expected to take operational control of the integrated resort.<\/p>\n\n\n\n Westside Resort is expected to feature more than 2,500 hotel rooms across three brands, alongside more than 2,000 gaming machines and gaming tables. Its facilities will also include restaurants, retail outlets and entertainment venues. The project will expand Alliance Global\u2019s presence in Manila\u2019s casino market, where it already operates Newport World Resorts through Travellers International.<\/p>\n\n\n\n For the first nine months of 2026, Travellers International generated EBITDA of PHP6.1bn (US$95.8m), up 8 per cent year-on-year. Net revenue totalled PHP23.1bn (US$362.8m) between January and September, while non-gaming revenue increased by 16 per cent to PHP5.9bn (US$92.7m), helping offset weaker VIP gaming revenue.<\/p>\n\n\n\n In the third quarter, non-gaming revenue rose by 23 per cent, supported by an 11 per cent increase in hotel and food and beverage revenue. Alliance Global said Travellers International\u2019s operating costs remained stable during the nine-month period, contributing to the EBITDA increase.<\/p>\n\n\n\n At group level, Alliance Global recorded net income of PHP22.3bn (US$350.2m) in the first nine months of 2026, a 5 per cent increase from PHP21.2bn (US$333.0m) a year earlier, excluding one-off gains from the 2025 deconsolidation of Golden Arches Development Corp<\/strong>. Third-quarter net income increased by 11 per cent year-on-year to PHP6.3bn (US$99.0m).<\/p>\n\n\n\n Consolidated revenue was PHP137.6bn (US$2.16bn) for the first nine months, a 6 per cent increase after accounting for the Golden Arches deconsolidation, and PHP47.7bn (US$749.5m), up by 12 per cent, in Q3.<\/p>\n\n\n\n\n
Frequently asked questions (FAQs)<\/h2>\n\n\n\n
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