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                    [Title] => Metrobank taps Marco Polo Hotel Group to revive, manage Cebu Plaza Hotel
                    [Summary] => The Metrobank Group has entered into a partnership with Hong Kong-based Marco Polo Hotel Group (MPHG) to revive and manage the Cebu Plaza Hotel.


Cebu Plaza closed in 2003 after its then owner, Pathfinder Holdings Philippines, was effectively foreclosed by Metrobank for a P900-million unpaid loan, for which the hotel was used as collateral.


The Metrobank Group’s Asia Pacific Management Corp.  and MPHG will sign this week a contract that will allow the resumption of operations of Cebu Plaza, which will be renamed Marco Polo Plaza Hotel.


                    [DatePublished] => 2005-07-26 00:00:00
                    [ColumnID] => 133272
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ASIA PACIFIC MANAGEMENT CORP

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                    [ArticleID] => 288315
                    [Title] => Metrobank taps Marco Polo Hotel Group to revive, manage Cebu Plaza Hotel
                    [Summary] => The Metrobank Group has entered into a partnership with Hong Kong-based Marco Polo Hotel Group (MPHG) to revive and manage the Cebu Plaza Hotel.


Cebu Plaza closed in 2003 after its then owner, Pathfinder Holdings Philippines, was effectively foreclosed by Metrobank for a P900-million unpaid loan, for which the hotel was used as collateral.


The Metrobank Group’s Asia Pacific Management Corp.  and MPHG will sign this week a contract that will allow the resumption of operations of Cebu Plaza, which will be renamed Marco Polo Plaza Hotel.


                    [DatePublished] => 2005-07-26 00:00:00
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abtest

Metrobank taps Marco Polo Hotel Group to revive, manage Cebu Plaza Hotel

July 26, 2005 - 12:00am

The Metrobank Group has entered into a partnership with Hong Kong-based Marco Polo Hotel Group (MPHG) to revive and manage the Cebu Plaza Hotel. Cebu Plaza closed in 2003 after its then owner, Pathfinder Holdings...

Business