Manila Pavilion Hotel


Hotel operator Acesite Philippines Hotel Corp., a subsidiary of Waterfront Philippines Inc., reported a gross profit of PhP188.22 million in 2010, down by nearly 30 percent from a year ago.  The company, which operates the 502-room Manila Pavilion Hotel in Ermita, said its operations were adversely affected by the much-publicised tourist bus hostage-taking incident in Manila in August 2010.  Acesite plans various special promotions to recapture the Hong Kong and Chinese market.

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