NUSTAR Resort and Casino, in Cebu, is expecting to open a new “ultra-luxury” hotel, under its own brand, by December, adding 223 new rooms to the entertainment complex.
According to multiple local media reports, Roel Constantino, the property’s general manager for hotels indicated that the aim was to “start and build upon the holiday market and then carry on from there,” cites the Inquirer.
The reported-PHP30 billion ($514.8 million) complex currently hosts the five-star Fili Hotel – where the casino is located, and the Nustar Mall, which are currently in operation.
Looking ahead, there are plans to open a 383-room Grand Summit hotel in the complex.
The group’s senior vice president for gaming operations Trevor Hammond, also indicated that mass and junket operations have each contributed half of the property’s gross gaming revenues since opening, with its market being primarily derived of Koreans and Filipinos.
Hammond indicated that there are at least three floors still open for casino expansion in the property, with the group looking at Singapore, Malaysia and Vietnam amongst other Southeast Asian countries as source markets.
The property currently boasts 1,000 gaming machines and 150 tables, spread over 21,000 square meters of gaming space.
