Melco Crown Resorts, the Philippines-listed subsidiary of Melco Crown Entertainment, has signed up Hyatt Hotels to manage one of the three hotels set to open this fall as part of Melco’s US.3 billion City of Dreams Manila mega-resort.
“Given the strong Hyatt brand name and the hotel’s ideal location, we believe Hyatt City of Dreams Manila will attract both business and leisure travelers, as well as meeting and incentive groups, from across the region,” MCR Chairman and President Clarence Chung said.
The hotel will feature 365 five-star rooms in two towers. Financial terms were not disclosed. A Hyatt hotel is also included at Melco’s COD in Macau.
City of Dreams is the second gaming resort slated to open in October at the government-sponsored Entertainment City district on Manila Bay.
City of Dreams Manila is a joint venture between Macau-based Melco and Belle Corp., a wholly owned subsidiary of Philippines retail giant SM Group.