The storied Mandarin Oriental Manila hotel will be shut down later this year after four decades of operation to make way for a new 275-room complex.
The hotel was also shut down due to infrastructure and facilities that “are no longer in keeping with the Group’s well-recognized, luxury hospitality offering."
Details are tight under wraps but Mandarin Oriental Manila said that it signed a branding and management deal for a new hotel to be developed by Ayala Land Hotels & Resorts.
To open in 2020, the exact location of the new Mandarin Oriental, Manila will be located in an unnamed mixed-use development also within Makati City.
"Mandarin Oriental, Manila has been recognized as one of the city’s most iconic hotels since its opening in 1976, and the Group wishes to express its sincere appreciation to all colleagues for their legendary service and support over the years. All hotel colleagues have been informed of the forthcoming closure and will receive full and fair severance payment and appropriate professional guidance,” said Torsten van Dullemen, general manager of Mandarin Oriental Manila, in a statement Wedenesday.