Widus Hotel and Casino Clark to premiere third Resort next week

In the Philippines, the firm behind the Widus Hotel and Casino Clark has reportedly declared the Luzon place will be opening a new 15-story and 260-room resort from next week due to be branded as the Clark Marriot.

September 14 launch:

According to a report from GGRAsia, the forthcoming Friday premiere of the five-star resort for the development operated by South Korean firm Widus International Circuit Integrated comes following the enterprise started its first such facility in 2008 followed by a similarly-sized counterpart four years after.

No gaming inside coming resort:

Although the new resort won’t have its own gambling floor, Widus International Circuit Incorporated reportedly told GGRAsia the property will be ‘connected to the existing Widus Hotel and Casino [Clark] as part of the integrated hotel ’.

Fourth resort being planned:

GGRAsia reported that the operator is moreover likely to inaugurate a fourth luxurious resort for the Widus Hotel and Casino Clark by the end of 2020 in order to spend the improvement ’s complete room allowance around 873. By this time, it comprehensive the firm will have spent roughly $500 million on the property in just over twelve years.

Operator planning IPO:

He supposedly said that such an initial public offering (IPO) ‘is still in the pipeline’ prior to adding that his firm has been ‘still analyzing the feasibility of the market’.