CASINO

Resorts World Manila pursues 3M gaming base by end of 2015

TAGs: Jasmine Solana, Kingson Sian, Owen Cammayo, Resorts World Manila, Stephen Reilly, travellers international

Travellers International Hotel Group is setting the bar high for Resorts World Manila.

Resorts World Manila pursues 3M gaming base by end of 2015Executives at Travellers, which operates the integrated casino resort, said they are hoping RWM’s gaming base will reach the 3 million mark by the end of the year.

Media outlet Business World quoted Travellers’ COO Stephen Reilly saying, “We have 2.7 million members for Resorts World, it was very clear that we had to expand through our database.”

Owen Cammayo, RWM corporate communications director, also said the hike is “possible” as long as it’s “driven by the total industry, not just gaming,” according to the news outlet.

The plan, Reilly said, is to develop not just the gaming side of Resorts World, but also making it a “family destination.”

Travellers previously announced its plans for expansion.

Through its website, the casino operator said it will increase its hotel capacity from the existing 1,226 rooms about 4,200 rooms in the next four years, with the ongoing expansions of Marriott and Maxim Hotels, and the development of several new hotels, which include Hilton Manila Hotel, Sheraton Hotel Manila, and Belmont Hotel.

RWM also opened the Marriott Grand Ballroom, which has a capacity of 4,000 in a theater style set-up.

Travellers recently posted a net profit of P2.4 billion ($51.39 million) on gross revenue of P14.2 billion ($304.1 million) for the first half of 2015. Gaming revenues contributed P12.5 billion ($267.7 million) of gross revenues, with hotel, food and beverage, and other revenues at P1.2 billion ($25.7 million), which is a 4.2 percent increase from the same period last year.

The casino operator said daily foot traffic grew to 19,718, which is a 5.5 percent increase from the same period last year, despite several holidays and the traffic caused by ongoing skyway construction.

RWM’s three hotels—Maxims, Remington and Marriot—also registered an average occupancy rate of 86 percent for the first six months of the year, according to Travellers.

“RWM is currently engaged in projects and developments that will offer broader entertainment facilities to our patrons,” said Kingson Sian, president and CEO of Travellers Group. “We will continue to focus on strengthening the non-VIP segment, expanding the international market and at the same time, growing the non-gaming revenues.”

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