Pan Pacific Hotels Group has announced a new addition to its long-stay portfolio with the signing of PARKROYAL Serviced Suites Manila Bay, strengthening the Singapore-based company’s presence in Southeast Asia’s expanding extended-stay sector.

The hospitality group, part of UOL Group Limited, confirmed it has entered a management agreement for the development, which will be located within a two-tower complex in Metro Manila. The broader scheme will include offices, retail space, and 169 serviced suites, offered in studio, one-bedroom, and two-bedroom formats. The property is scheduled to open in the first half of 2027.

Mr. Choe Peng Sum, Chief Executive Officer of Pan Pacific Hotels Group, said: “Across Southeast Asia, we’re seeing a clear shift towards longer stays driven by traditional corporate travel, relocations, multi-generational trips, extended assignments, and project-based group stays that blur the lines between work and leisure. The Philippines sits at the heart of that trend, with Metro Manila emerging as a hub for enterprise, innovation and conventions. PARKROYAL Serviced Suites Manila Bay is a strategic step in our long-stay roadmap, building on our recent launch in Hanoi. It reflects our vision for thoughtfully designed, community-oriented residences that give guests the space and flexibility they need, delivered with the warmth and consistency of our brands.”

Metro Manila continues to experience sustained economic and tourism-related growth. According to the Asian Development Bank, the Philippines’ GDP is projected to rise by 6.0% in 2025 and 6.1% in 2026, following 5.6% growth last year. International arrivals have also strengthened, with the Bureau of Immigration reporting 14.7 million arrivals in 2024. The Department of Tourism has noted more than 60% growth in arrivals between 2022 and 2024, alongside longer stays averaging more than 11 nights.

Industry data indicates that demand for extended-stay accommodation remains robust. JLL reported overall hotel occupancy in Metro Manila increasing to 83.2% in the final quarter of 2024, up from 78.4% in the previous quarter.

Pan Pacific Hotels Group said the signing supports its Version 2.0 growth strategy, which prioritises long-stay offerings designed around flexible living, technology integration, and community-focused environments. Mr. Choe added: “Our focus is to stay ahead of evolving lifestyles and the choices guests make because of them. We are shaping the long-stay concept around flexible spaces, intuitive technology and a sense of community, delivering the comforts of home with our signature hospitality and a clear commitment to sustainability, so that longer stays feel seamless.”

The Manila project joins the Group’s growing regional portfolio as it seeks to meet rising demand for professionally managed, high-quality serviced residences across major Asia Pacific cities.