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HomeNewsPhilippinesHann CEO predicting $4bln for Hann Reserve build-out

Hann CEO predicting $4bln for Hann Reserve build-out

Hann Resorts CEO, Daesik Han, shared his plans for expansion in New Clark City, Philippines at the ASEAN Gaming Summit yesterday. 

Daesik Han mentioned that the Hann Reserve project will involve an investment of up to $4 billion while the various phases of the project will be built in the next 8 years.

Hann Reserve will bring together luxury hotels including the Banyan Tree, Sofitel, Emblem and Westin hotels alongside luxury retail, convention space and restaurants. It also includes residences and commercial spaces, and an international school.

The Philippine integrated resorts operator also just announced that it has secured a PHP9 billion ($165.66 million) loan to partially finance the ongoing construction and development of its Hann Reserve integrated resort project.

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