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RLC investing P10B to boost hotel portfolio

ROBINSONS Hotels and Resorts (RHR), a unit of Gokongwei-led Robinsons Land Corp. (RLC), plans to invest P10 billion to expand its upscale hotel portfolio in key locations across the country over the next few years.

In a stock exchange filing on Thursday, RLC said its hotel arm was looking to add more than 990 room keys to its 'upscale and ultra-luxury' hotel portfolio.