Korean hotel owner plans to hike Clark investments to $1 billion in next few years

The Korean-led Widus International Leisure Inc., owner of Widus Hotel & Casino and operator of the Marriott hotel chain in Clark, Pampanga, is looking at expanding its hotel projects in the city in the next few years, bringing its investment to a total of $1 billion, according to its official.
While the $100-million Marriott Hotel has yet to start operations — targeted for completion by September this year — Daesik Han, President and CEO of Widus International said the company has already broken ground for a $300-million hotel that will be built next to the Marriott hotel.
The project, now under construction, is slated for completion by mid-2020 and will have 400 rooms. The hotel will be an extension of the $100-million Widus Hotel and Casino that has been operating in Clark since 2008.
This will bring the company’s total investments in the country to $500 million. Mr. Han, however, is looking to double that in the next few years.
“I plan to invest additional $500 million to make current development into a $1 billion project,” Mr. Han said Monday during the Bases Conversion Development Authority press briefing in Pampanga. — Janina C. Lim