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Megaworld bets on tourism with 7 new hotels by 2030

7 August 2025
in Business
Reading Time: 2 mins read
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Megaworld bets on tourism with 7 new hotels by 2030
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LISTED property developer Megaworld Corp., through its hospitality arm Megaworld Hotels & Resorts, is planning to open seven new hotels by 2030 as part of its goal to expand its portfolio to 9,000 rooms.

The hotels targeted for opening include the 554-room Chancellor Hotel in Boracay Newcoast; the 404-room Belmont Hotel Iloilo in Iloilo Business Park; and the 300-room The Kingsford in The Upper East Bacolod, Megaworld said in a regulatory filing on Thursday.

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