08 Jul
2021
Fifth Park Inn by Radisson Hotel in the Philippines Opens in Bacolod City
SM Hotels and Conventions Corp (SMHCC) announces the opening of Park Inn by Radisson Bacolod on 8 July 2021. This is the fifth Park Inn by Radisson hotel in SMHCC’s portfolio and is the second hotel under its licensing agreement with Radisson Hotel Group (RHG).
30 Jun
2021
Sola at Pico De Loro Cove brings everything you love together
Many of us have spent our lives hurrying to and fro. Quality time feels like a blur. But when a pandemic marooned everyone at home—where jobs and classes are reduced to online interactions—it dawned on people how important the welfare of the family is and how essential residences and their location are. Cramped apartments, claustrophobic condos or houses in subdivisions which are becoming denser and denser could be taxing in what we call the new abnormal. Alternatives to these were few and far between.
24 Jun
2021
Park Inn by Radisson Clark’s new South Wing brings feel-good vibe to more guests in the Philippines
Park Inn by Radisson, the feel-good brand from Radisson Hotel Group, continues to delight hotel owners and guests in Asia Pacific with its stress-free experiences, laid-back charm and vibrant contemporary design. This colorful upper midscale concept exudes positivity through its “Yes I Can!” service ethos, and the brand’s upbeat attitude is now also being reflected by its rapid regional growth.
03 Jun
2021
SM Hotels and Conventions Corp. (SMHCC) Properties Promote Campaign to Phase Out Single Use Plastics
SMHCC properties fully support the United Nations Environment Program (UNEP) in their Campaign to phase out Single-Use Plastics (SUPs) in the Tourism Sector as it partners with the Philippine Center for Environmental Protection and Sustainable Development, Inc. (PCEPSDI) under the Transforming Tourism Value Chains (TVC) Project, and the Department of Tourism through their sustainability thrust Save Our Spots.
27 May
2021
SM Hotels and Conventions Corp. (SMHCC) Appoints New General Manager for its Park Inn by Radisson Property in Iloilo
SM Hotels and Conventions Corp. announces the appointment of Mr. Rogelio “Ogie” Manuel as Park Inn by Radisson Iloilo’s General Manager. As a highly skilled and passionate hospitality professional, Ogie,
19 May
2021
SM Hotels Supports the Philippine Red Cross
SM Hotels supports the Philippine Red Cross (PRC) in its efforts of setting up isolation facilities in the National Capital Region to help mitigate the spread of COVID-19. Various properties
03 May
2021
SM Prime’s Residential Sales Take-up Surge 31% in 1Q2021
(03 May 2021, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported PHP6.5 billion consolidated net income in the first quarter
20 Apr
2021
SM Prime Announces Three New Independent Directors
(20 April 2021, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, announces its three new Board of Directors for the year
20 Apr
2021
SM Prime Sets 2021 CAPEX; Declares Cash Dividends
(20 April 2021, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime) sets PHP80 billion for its 2021 capital expenditures, focusing on its mall and residential business segments, with due consideration to
09 Mar
2021
Summer Plans Made Perfect with Pico Sands Hotel’s Break Free Package
The sandy shores of Pico de Loro Cove awaits! The stress of organizing the perfect summer getaway is no more with Pico Sands Hotel’s Break Free package, a fully planned
Stories
09 May
2007
SM Prime nets P1.5 B in Q1, up 11%
SM Prime Holdings, Inc., the country’s leading shopping mall developer and operator, reported an 11 percent rise in net income for the first quarter of the year to P1.5 billion, while EBITDA jumped 19 percent to P2.5 billion for an EBITDA margin of 71 percent.
09 May
2007
SM Prime profit jumps 11% to P1.5B in Q1
Shopping mall giant SM Prime Holdings Inc. posted a net profit of P1.5 billion in the first quarter this year, up 11 percent from a year ago on higher income from lease operations.
09 May
2007
New shopping malls earnings raise SM Prime’s net income
SM Prime Holdings Inc. said on Tuesday its first-quarter earnings climbed with the addition of new malls and the expansion of existing ones. In a statement, the Philippines’ biggest mall developer and operator said its net income for the first three months rose 11 percent to P1.5 billion.
03 May
2007
SM PRIME ‘Willing To Wait’ For Control Of South Road Properties
SM Prime Holdings Inc. (SMPHI) president Hans Sy has said the company is willing to wait on its plan to take full control over the 295-hectare (ha) South Road Properties (SRP) in Cebu City.
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.
