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Expansion Contract Worth Almost P600 Million Signed By Best Western Plus Hotel Subic

Best Western Plus Hotel Subic, the 4-star hotel located along Dewey Avenue, signed the expansion project contract worth almost P600 million with the proponent Subic Bay Metropolitan Authority (SBMA), according to the SBMA’s official announcement.

To put things in perspective, posted below is an excerpt from official announcement by the SBMA. Some parts in boldface…

Best Western Plus Hotel Subic has confirmed plans to expand its operations after signing the contract that will allow the construction of a new building beside the current hotel.

The expansion project was signed between the proponent, Subic Bay Metropolitan Authority (SBMA) and developer Simon & Stanley International Trading and Development Co. Inc.

SBMA Chairman and Administrator Eduardo Jose L. Aliño and Best Western Plus Hotel Subic Chairman and CEO Jaime “Jack” Uy led the contract signing for the expansion project at the Corporate Boardroom of the Administration Building on March 31, 2026.

Architect Jayson Steffen Uy, Vice-president for Facility and Construction of Savers Group Holdings Inc. (SGHI), shared that the new building will consist of 120 additional hotel rooms, several commercial spaces, a three-floor parking area, restaurants, and parks.

SGHI is the exclusive developer for Best Western in the Philippines as the conglomerate that owns and manages Best Western Plus Hotel Subic.

Uy added that the new building will be an extension of Best Western with infused committed investment worth P587,967,200.00.

“With the current need for more spaces, function halls, and rooms, we decided to expand our operations in Subic,” Uy added.

The official stated that the design phase should be finished either this year or next year while the construction should be able to commence as early as the first quarter of 2027.

“As for employees, the company intends to source its manpower requirements locally,” he further said.

Meanwhile, SBMA Director Ted Del Rosario, Senior Deputy Administrator (SDA) Renato Lee III, SDA Ramon O. Agregado, and other agency officials were also present during the said contract signing ceremony.

Chairman Aliño welcomed the expansion project of Best Western Plus Hotel Subic, citing the growing need of hotels and establishments in Subic Bay Freeport. He added that aside from the company’s committed investment, the agency also welcomes the job opportunities from the expansion project.

Let me end this post by asking you readers: What is your reaction to this recent development? Have you ever stayed at the Best Western Plus Hotel Subic already? Do you think the newly signed contract will lead to improvements on tourism inside the Subic Bay Freeport Zone over the next few years? Do you think this new development could influence other hotel operators to expand or renovate their respective places in order to attract more tourists and corporate clients?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Market Talk: The bull market will not be ‘derailed’ by war

Eric Diton, president and managing director of The Wealth Alliance, said that despite 'nervousness' among investors that led to a nearly 5% drop for the S&P 500 in the first quarter of 2026, 'a lot of pent-up demand' for stocks will continue to push Wall Street's main indexes higher this year. Lisa Bernhard has more. #markettalk #markets #investors #stocks #News #Reuters #Newsfeed…

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