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Old November 2nd, 2011, 01:48 PM   #1
tita01
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MANILA | Admiral Baysuites | 179m | 53 fl | U/C

Anchor Land has acquired the historic Admiral Hotel from the Lopez-Araneta family, a move that forms part of its planned investment in Manila’s famous bayfront.

The company plans to renovate the original hotel building, which was completed in 1939 and served as important social destination during the pre-World War II era, into a 5-star boutique hotel.

An upscale twin tower condominium will rise on the adjacent property.

http://www.anchorlandholdings.com/pr...baysuites.html
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