What’s next for Dusit Thani Manila? ALI mulls options
Discussions are ongoing about the future of Dusit Thani Manila, a five-star hotel in Makati whose land lease will expire next year.
MANILA, Philippines — Dusit Thani Manila, a five-star hotel in Makati, is currently discussing its future as its land lease will expire next year. Anna Ma. Margarita Bautista-Dy, president and CEO of ALI, the Thailand-based hospitality company that owns the hotel, told The STAR that they are exploring various options and "there is back and forth" in negotiations.
Jed Quimpo, ALI chief finance officer, confirmed that discussions are ongoing and the property giant is considering different possibilities. A representative of Dusit Thani Manila previously stated that the hotel's current lease extends until the end of 2027, emphasizing Manila's significance for Dusit and its commitment to maintaining a strong presence in the Philippine hospitality industry.
The hotel currently offers over 500 rooms and suites, along with world-class dining options and full-service facilities. Dusit Thani Manila, a hospitality group based in Thailand, acquired Hotel Nikko Manila in 1997, which was later renovated and relaunched as Dusit Thani Manila in 2008.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
