Korea’s Widus International Leisure Inc., on Friday signed a hotel management contract with Renaissance Hotels International Corporation Limited, the group behind the Marriott chain of hotels, to operate a new establishment in Clark, Pampanga.

The Marriott at Clark, Widus’ latest development that is expected to cost some $50 million to $60 million, is being touted as Pampanga’s first five-star hotel. The 15-storey development will sit on a 3.2-hectare lot right next to the existing Widus Hotel and Casino.

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