Tag Archives: travellers international
- Traffic back in Resorts World Manila after June arson attack
September 19, 2017
Resorts World Manila (RWM) is on track with its recovery from the deadly June 2 arson attack that left at least 38 people, including the gunman, dead. Alliance Global Incorporated President Kingson Sian announced during the holding firm’s annual stockholders meeting on Tuesday that traffic inside the integrated resort is...
- Travellers seeks US$14.11M in insurance
August 24, 2017
Philippine-listed casino operator Travellers International Hotel Group Inc. (TIHGI) is seeking PHP721 million (US$14.11 million) in insurance claims to offset the PHP921 million ($18.03 million) loss from the Resorts World Manila arson attack in June. The Manila Standard reported that the insurance money will recover most of the losses that...
- Resorts World Manila attack burns a hole in Travellers Q2 pocket
August 14, 2017
Philippine-listed casino operator Travellers International Hotel Group, Inc. (TIGHI) posted a PHP312.09 million (US$6.09 million) net loss in second quarter of the year. Many analysts expected Travellers to incur a net loss especially after it was forced to close Resorts World Manila's gaming floor in the light of the June...
- Travellers: We need to gain back the public’s trust
July 6, 2017
Travellers International Hotel Group Inc., which operates Resorts World Manila (RWM), has vowed to regain the trust of the public while warning that the company's earnings will drop this year. To win the hearts of the people, Travellers faces a daunting task of erasing the memory that a former patron...
- PAGCOR lifts suspension order vs. Resorts World Manila
June 29, 2017
State-run Philippine Amusement and Gaming Corporation has lifted the suspension order it issued against the Resorts World Manila (RWM) casino three weeks ago. PAGCOR chair Andrea Domingo on Thursday gave RWM's parent company Travellers International Hotel Group the greenlight for the resumption of its operations following the latter’s compliance with...
- Travellers big boss risk being arrested for skipping Resorts World Manila probe
June 15, 2017
The Philippine House of Representatives has summoned the owner of casino operator Travellers International Hotel Group, Inc. (Travellers) to attend the on-going probe into the June 2 attack on Resorts World Manila. The Philippine Daily Inquirer reported that Ilocos Norte Rep. Rodolfo Farinas has ordered the issuance of a subpoena...
Okada Manila eyes Philippine backdoor listing
May 2, 2017