Grand Plaza Hotel

What Grand Plaza Hotel does

Grand Plaza Hotel Corporation is a Philippines-based, publicly listed hospitality company (PSE: GPHC) that owns and operates a single deluxe-class asset, The Heritage Hotel Manila, located at the corner of Roxas Boulevard and EDSA Extension in Pasay City. Established in 1994, the property offers over 450 rooms together with restaurants, a coffee shop, and function halls, and is positioned as the nearest international hotel to the SM Mall of Asia Complex and adjacent convention facilities. The company segments its demand across business and corporate travelers (served through its executive floor product, The Millennium Club, which adds butler service, private lounge, and exclusive meeting rooms), social and lifestyle event clients using the function halls, and leisure tourists visiting Metro Manila attractions.

The underlying operating model is a conventional urban hotel business: revenue is generated through room nights, F&B outlets, and event/banquet bookings, distributed via direct bookings and standard travel-industry channels, with marketing concentrated on a corporate website and investor relations/PR. There is no proprietary technology platform, app, API, or AI/ML layer described — the differentiated features (broadband internet, cable TV, pay-per-view, butler service, concierge, club lounge) are traditional hotel amenity layers rather than technology-enabled offerings. The company has 251-500 employees and maintains active SEC and PSE disclosure obligations, including a share buyback program executed in 2014 and ongoing annual stockholder meetings through 2026.

Name

Grand Plaza Hotel

Legal name

Grand Plaza Hotel Corporation

Website

https://grandplazahotelcorp.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Grand Plaza Hotel Corporation is a Philippines-based, publicly listed hospitality company that owns and operates The Heritage Hotel Manila, a 450-room deluxe-class property at Roxas Boulevard and EDSA in Pasay City serving business travelers, event clients, and leisure tourists.

Ownership category

akta.pro rank

Product category

Hotel Accommodation

NAICS

Hotels (except Casino Hotels) and Motels (72111)

SIC

Hotels & Motels (7011)

akta.pro industry

PRIMARYTHAGAAAA

Urban & Downtown Full-Service Hotels

Travel & Hospitality/Lodging & Accommodation/Hotels (Full-Service)

SECONDARYTHAGALAD

Convention Center–Adjacent/Connected Hotels

Travel & Hospitality/Lodging & Accommodation/Convention & Conference Hotels

SECONDARYTHAHAAAC

Hotel & Resort Convention Venues (Convention Hotels)

Travel & Hospitality/MICE (Meetings, Incentives, Conferences & Exhibitions)/Conference & Convention Venues (Convention Centers, Civic Centers)

Keywords

• Hotel accommodation services
• Banquet and function halls
• Executive club floor
• Hospitality services
• Food and beverage operations

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Distribution channels1 record

Marketing channels3 records

Core offering

Grand Plaza Hotel Corporation owns and operates The Heritage Hotel Manila, a deluxe-class hotel in Pasay City with over 450 rooms, restaurants, function halls, and a coffee shop. Its flagship ancillary offering is The Millennium Club executive floor, which provides private meeting rooms, a private lounge, concierge services, butler service, broadband internet, cable TV, pay-per-view movies, and exclusive Club Lounge access for discerning business travelers.

Product overview

Grand Plaza Hotel Corporation operates a deluxe-class hotel portfolio offering over 450 rooms. The core offerings include The Heritage Hotel (established 1994 in Metro Manila) as the flagship property, complemented by The Millennium Club executive floor service providing premium amenities including meeting rooms, private lounge, concierge services, and Butler Service. The portfolio also includes restaurants, function halls, and a coffee shop. The company is a publicly listed corporation with SEC filings and investor relations activities.

Differentiator

Problem solved

Functional benefit

Brands

• The Millennium Club: Executive floor providing discerning guests with access to exclusive meeting rooms, a private lounge, private concierge services, Butler Service, and exclusive access to the Club Lounge.

Products and services

• The Heritage Hotel Manila A deluxe-class hotel in Pasay City, Metro Manila, with over 450 rooms and supporting facilities including restaurants, function halls, and a coffee shop. Located at the corner of Roxas Boulevard and EDSA Extension, it serves as the company's flagship property and the nearest international hotel to the Mall of Asia Complex.
• The Millennium Club An executive floor service at The Heritage Hotel Manila providing discerning business travelers with exclusive meeting rooms, a private lounge, private concierge services, butler service, broadband internet access, cable TV, pay-per-view movies, and exclusive access to the Club Lounge.
• Function Halls and Event Venues Event and banquet facilities operated at The Heritage Hotel Manila for business, social, and lifestyle functions in Metro Manila, including the Grand Ballroom and supporting meeting spaces.
• Food and Beverage Outlets Restaurants and a coffee shop operated at The Heritage Hotel Manila serving in-house guests and event attendees.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights1 record

Broad incumbents

• Shangri-La at the Fort, Manila: International luxury 5-star hotel in Bonifacio Global City operated by a major regional hospitality group. Comparable on premium-tier corporate/MICE business in Metro Manila, though at a higher price band and broader international brand scale.
• Okada Manila: Large integrated casino-resort and convention complex on Roxas Boulevard/Entertainment City. Comparable as a major event venue and deluxe accommodation provider in the same Manila Bay corridor competing for MICE and leisure demand.

Direct peers

• Diamond Hotel Philippines: Deluxe-class urban hotel located along Roxas Boulevard in Manila, very close to The Heritage Hotel. Directly comparable on product tier (full-service deluxe), location corridor, and corporate/MICE customer mix.
• The Manila Hotel: Historic flagship deluxe hotel in Manila targeting government, corporate and luxury event business. Comparable on premium full-service positioning, function-hall-led MICE business and domestic Filipino institutional clientele.
• Hotel H2O: Full-service hotel located inside the Manila Ocean Park complex near Rizal/Roxas Boulevard. Comparable as a similarly-positioned urban deluxe competitor targeting event and corporate guests in the Manila Bay corridor.
• Discovery Hospitality Corporation: Philippine hospitality group operating full-service hotels and resorts domestically. Comparable as a homegrown full-service hotel operator serving business and leisure travelers in Metro Manila and key provincial destinations.
• Sofitel Manila (formerly Philippine Plaza): International-branded deluxe hotel in the CCP Complex area, very close to The Heritage Hotel. Direct competitor for the same business traveler, convention attendee and leisure guest pool in the Manila Bay area.
• Waterfront Philippines Incorporated: PSE-listed Philippine hotel operator with multiple urban and resort properties across the country. Direct comparable as a domestic publicly-listed hospitality company competing in the same Metro Manila corporate/MICE segment.
• Century Park Hotel: Full-service hotel in the Malate/Pasay corridor of Metro Manila. Comparable as a similarly-sized deluxe urban competitor targeting business travelers, social events and tour groups in the same submarket.

Regional players

• Boulevard Holdings, Inc. PSE-listed Philippine holding company with hospitality and leisure assets. Comparable as a domestic-listed peer in the Philippine hospitality investment space, though with a different portfolio mix than Grand Plaza's single-asset model.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/grandplazahotelcorp

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grand Plaza Hotel