Hann Casino Resort sees strong recovery, plans $1b more in investments
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Hann Casino Resort has seen a strong recovery and plans $1 billion more in investments. The rebranded Hann Casino reopened in December last year and in March it rolled out the Philippines first Swissotel. Hann Lux Lifestyle Resort will be opened in 2020 with an initial investment of P20 billion.
Daesik Han, Chairman and CEO of Hann Philippines, plans to spend $1 billion over the next five years. Hann plans a new lifestyle brand, Hann Lux Lifestyle Resort, in 2020 with an initial investment of about P20 billion. The rebranded Hann Casino Resort reopened in December last year and in March it rolled out the Philippines first Swissotel. Han believes the market has just started to grow and will take many years before it becomes mature. The market is still young. South Korea is expected to begin returning to Clark soon. Clark already benefited from U.S. military infrastructure.
