Manila Waterfront Philippines (WPI) recently announced updated completion dates for its ambitious Waterfront Manila Hotel and Casino project. According to the disclosure by Acesite (Phils.) Hotel Corporation (ACE), a subsidiary of WPI, the project will see its first phase completed by Q4 2024, with subsequent phases aiming for finalization by Q4 2025. This development is part of the broader revitalization efforts following a devastating fire at the former Manila Pavilion Hotel in 2018.
Project Phases and Scope
The reconstruction plan outlines a meticulous phased approach. Phase one, scheduled for completion by Q4 2024, focuses on essential public areas including the lobby, select food and beverage outlets, and the core casino section. Phase two, slated for Q2 2025, aims to introduce general amenities, additional guest facilities, and the majority of the hotel rooms. The final phase, anticipated by Q4 2025, will complete the remaining rooms and ensure all aspects of the hotel-casino are fully operational.
Specific Developments
A significant aspect of phase one involves the opening of four hotel-room floors within the main building, specifically designed to cater to casino players and local staycation guests. This strategic approach not only aims to enhance guest experience but also supports the broader entertainment and hospitality landscape in Manila.
Context and Economic Impact
The reconstruction of Waterfront Manila Hotel and Casino is part of a larger economic narrative in Manila’s Entertainment City. The area, which includes renowned establishments like City of Dreams Manila, Newport World Resorts, Okada Manila, and Solaire, continues to evolve as a prime destination for gaming and luxury accommodation. The proximity of Suntrust’s Westside City casino project, scheduled for completion in 2025, further underscores the competitive yet collaborative nature of this vibrant entertainment hub.
Industry Expansion and Competition
The launch of Solaire North in Quezon City earlier this year represents a pivotal moment in the region’s hospitality sector. This expansion not only diversifies the market offerings but also intensifies competition among industry players, fostering innovation and elevated service standards across the board.
As Manila prepares for the completion of these transformative projects, stakeholders and enthusiasts alike anticipate a revitalized landscape that promises not only luxury and entertainment but also economic growth and job creation. The phased approach of the Waterfront Manila Hotel and Casino project exemplifies strategic planning aimed at maximizing both short-term operational efficiency and long-term market relevance. With each milestone achieved, Manila’s position as a global hub for gaming and hospitality is reaffirmed, promising exciting prospects for residents, tourists, and investors alike.