Loyal followers of Mandarin Oriental will have to wait a bit longer for the opening of is new hotel in the country.
Ayala Land Inc. president and CEO Anna Margarita Day told stockholders on April 25 that the luxury brand hotel will finally open in 2026, or six years behind schedule.
ALI signed a long-term management agreement with the Mandarin Oriental Hotel Group to develop and operate a luxury hotel at the Ayala Triangle in 2014. ALI paid Mandarin Oriental $5 million as early as…
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