THE Philippine hotel industry is expected to see continuous growth in the next five years as top players and hotel brands pursue their respective expansion projects, according to the latest Market Insight report of Pinnacle Real Estate Consulting Services Inc.
Industry players continue to pursue their respective expansion projects. For instance, Pinnacle said Filinvest Group is beefing up its hotel portfolio and expects to reach 5,000 guestrooms by 2020 from 1,063 guestrooms at present in Alabang and Cebu.
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