Kevin Tan is CEO of Alliance Global, which owns Travellers International Hotel Group in a venture with Genting Hong Kong.
Resorts World Manila (RWM) located in Entertainment City, posted a sharp 49 percent increase in consolidated net revenues, reaching P16.4 billion (US$324.2 million) in 19Q3. Gross gaming revenues increased by 52 percent in the quarter to P20.9 billion, boosted by the sustained recovery in the VIP segment, healthy growth in the mass business, as well […]
Alliance Global CEO Kevin Tan said the group’s Westside City IR will open in 2021 and will boost the company’s revenue share from gaming by almost half to 20 percent.
Alliance Global, the parent company of Travellers International Hotel Group said it is embarking on a five-year digital transformation program to future-proof its businesses, which include real estate, liquor, gaming, hospitality, restaurant, and infrastructure. Alliance Global CEO Kevin Tan said the company will form a core group to “synergize” initiatives. “This program allows us to […]
Alliance Global Group Inc on Tuesday announced it is planning to spend P240 billion (US$4.4 billion) over three years to ensure its “organic growth”. AGI said its capex is intended to launch more development projects around the country, including the expansion of its hotel and integrated resorts operations, among others. “We are mindful of the […]
Alliance Global, owners of Resorts World Manila, has announced Kevin Tan its new chief executive officer, replacing his father, Andrew Tan. Dr. Tan, who steps down from his role as CEO but will remain as chairman of the board of directors. “Kevin’s vast exposure and professional experience in the various companies under Alliance Global Group […]
Alliance Global, owner and operator of Resorts World Manila, said it is seeing signs of recovery following the casino attack in June that left 38 people dead, reports Rappler. “I think the proof is in the numbers and you can see the traffic coming back. It is averaging 26,000 people a day from the previous […]
Travellers International Hotel Group, the operator of Resorts World Manila in the Philippines, reported higher revenue and EBITDA for 2016, driven by income from hotels, theatres and retail operations. Net revenue for the year increased by 2 percent to P25.09 billion ($499 million). Gross gaming revenue dropped 2.3 percent to P23.65 billion, due to a […]
Alliance Global, which is working with Malaysia’s Genting Group to build a second property in Manila, says it expects to finalize the blueprint for the resort by June next year. “The master plan would be finished maybe by the first half of next year,” local media cited AGI President and Chief Operating Officer Kingson U. […]
Alliance Global Group, Inc. (AGI) raked in a net income of P21-billion ($47 million) in FY2014, reflecting an 8 percent increase over the previous year, the highest level in the company’s history. The income was achieved on consolidated revenues of P125 billion, also a record level for the Andrew Tan-led conglomerate, which is engaged in […]
Andrew Tan, head of Alliance Global Group which jointly owns Travellers International Group with Genting Bhd, said the Philippine gaming industry is insulated from Macau’s gambling woes. Tan was cited in a local media report as saying that Travellers’ Resorts World Manila property is targeting lower-end travellers than those visiting Macau. “Our definition of VIP […]
Resorts World Manila (RWM) was the first integrated resort (IR) to open in the Philippines and is the only one not located in Entertainment City, but opposite the country’s primary international airport. The property is currently in the third phase of its expansion, which will consist of a further three hotels, more gaming and other amenities, and is scheduled to be completed by 2018. Chief Operating Officer Stephen Reilly tells AGB about recovery from a deadly attack last year and how the resort fosters a loyal local base.