Primex unit pulls plug on deal for planned Pullman Manila hotel | ABS-CBN
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Primex unit pulls plug on deal for planned Pullman Manila hotel
Primex unit pulls plug on deal for planned Pullman Manila hotel
MANILA -- Primex Realty Corporation confirmed that it has canceled the deal for a planned Pullman Manila hotel.
MANILA -- Primex Realty Corporation confirmed that it has canceled the deal for a planned Pullman Manila hotel.
Primex Corporation, Primex Realty's parent company, said it was a mutual decision with S&P Inc. to disengage from their agreement because of differences in design preferences.
Primex Corporation, Primex Realty's parent company, said it was a mutual decision with S&P Inc. to disengage from their agreement because of differences in design preferences.
Primex said it is "exploring possible tie-ups with other world-renowned hotel operators."
Primex said it is "exploring possible tie-ups with other world-renowned hotel operators."
In December 2020, Primex said it signed a deal with global hotels brand Accor to develop a 200-room Pullman Manila hotel in San Juan.
In December 2020, Primex said it signed a deal with global hotels brand Accor to develop a 200-room Pullman Manila hotel in San Juan.
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The hotel would have sat on the topmost 10 floors of the 50-story Primex Tower in Greenhills, which also houses offices and commercial spaces on its lower floors.
The hotel would have sat on the topmost 10 floors of the 50-story Primex Tower in Greenhills, which also houses offices and commercial spaces on its lower floors.
In February, Accor partnered with a Cebu-based firm to bring the biggest Pullman hotel in the world to the Philippines.
In February, Accor partnered with a Cebu-based firm to bring the biggest Pullman hotel in the world to the Philippines.
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