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                    [ArticleID] => 388548
                    [Title] => ALI to build $153-M Makati luxury hotel
                    [Summary] => 





Property giant Ayala Land Inc. (ALI) and Dubai-based Kingdom Hotel Investments signed yesterday an agreement to jointly develop a $153-million luxury hotel complex in the Makati financial district.


In a disclosure to the Philippine Stock Exchange, ALI said the project, located on a 7,377-square meter property at the corner of Makati Avenue, and Arnaiz Avenue, would comprise a 300-room Fairmont Hotel, a 30-suite Raffles Hotel and 189 Raffles-branded private residences.


                    [DatePublished] => 2007-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ALI to build $153-M Makati luxury hotel

By Zinnia B. Dela Peña | March 9, 2007 - 12:00am

Property giant Ayala Land Inc. (ALI) and Dubai-based Kingdom Hotel Investments signed yesterday an agreement to jointly develop a $153-million luxury hotel complex in the Makati financial district. In...

Business