LEISURE-ORIENTED developer Travellers International Hotel Group Inc. is allotting P12.6 billion for the residential component of its new upscale development in the south of Metro Manila, the Westside City, near Manila Bay in Paranaque.

In a disclosure to the Philippine Stock Exchange Tuesday, Travellers said the allocation would be made through its subsidiary, Manila Bayshore Property Holdings Inc., a joint venture with Travellers’ sister company Megaworld Corporation.

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