Alliance Global Group Inc. (AGI) of tycoon Andrew Tan is making a significant push into the hotel and casino sectors, driven by its strong belief in the growth potential of Philippine tourism.
At the recent Inside Asian Gaming Forum, AGI president and chief executive Kevin Andrew Tan outlined the company’s plans to expand with two major integrated resort projects.
Boracay and Mactan
AGI is set to transform the tourism landscape with the Boracay World Resorts and Mactan World Resorts. The Boracay project will enhance the island’s appeal with a new resort featuring a private beach, an 18-hole golf course and nearly 2,000 hotel rooms, including high-end villas and suites. The development aims to position Boracay as a top luxury destination.
In Cebu, AGI is investing $400 million in the Mactan World Resorts, which will include a hotel, resort and casino. Expected to open by 2026, the project will create over 5,000 jobs and strengthen Cebu’s role in the tourism and gaming sectors. Its location near the Mactan-Cebu International Airport will improve access for both leisure and business travelers.
Enhancing tourism
Tan emphasized AGI’s commitment to boosting the Philippine tourism industry. The company operates nearly 8,000 hotel rooms across 19 properties and has several projects underway, including the Grand Westside Hotel and the Mactan Expo.
It plans to have 12,000 hotel room keys by 2028 to 2029.
These efforts align with AGI’s goal to support the Philippine government’s vision of making the country a leading destination for business and leisure.
AGI is also focused on sustainability, with plans to use 100-percent renewable energy through solar panels by next year. The company is investing in Filipino talent through the Academy for Leisure and Tourism (A.L.T.), which will provide training in hospitality and gaming.
Economic impact
The new projects are expected to have a substantial impact on local economies. In Boracay, the development will not only enhance the island’s appeal but also provide significant employment opportunities and boost local businesses.
Similarly, the Mactan World Resorts will create thousands of jobs in Cebu, benefiting local communities and contributing to regional economic growth.
Looking ahead
As AGI moves forward with its expansion plans, its focus remains on delivering high-quality experiences for both local and international guests. The company’s dedication to excellence in hospitality and gaming will play a crucial role in shaping the future of Philippine tourism.
The conglomerate’s expansion plans reflect its confidence in the potential of the Philippine tourism sector. With new projects and investments, AGI is set to play a key role in the future of the tourism and hospitality industry, contributing to its growth and global competitiveness.
