Dennis Uy’s PH Resorts eyes March 2022 soft opening of Mactan resort
PH Resorts Group Holdings Inc., businessman Dennis Uy’s Udenna Group’s gaming and hospitality subsidiary, is eyeing to soft open its integrated resort in Mactan, Cebu in March next year.
In a regulatory filing to the local bourse, PH Resorts said that despite the challenges brought about by the COVID-19 pandemic, the construction of Emerald Bay Resort & Casino continues with a projected soft opening by March 2022 and the completion of its first phase by the third quarter of next year.
“The re-imposition of stricter quarantine measures in March earlier this year created more difficulties in the construction of Emerald Bay in terms of labor mobilization and materials delivery just as we were generating momentum,” said PH Resorts COO Jose Angel Sueiro.
PH Resorts said that with more of the population vaccinated in the coming months, there will be a resumption of both international local flights spurring a recovery in tourism in the Philippines and in the region.
“The timing of Emerald Bay’s first phase completion by the third quarter of next year will be ideal with the recovery already seen to be well underway by that time,” Sueiro said.
Upon completion of the first phase, Emerald Bay will feature 122 gaming tables for mass, premium mass, and junkets; 600 electronic gaming machines (EGM); and 270 hotel room bays, the company said.—AOL, GMA News