Suntrust Resort Holdings acquires 40% of Westside Bayshore Holding for P3.2 Billion

On 30 August 2025, Suntrust Resort Holdings, Inc. (Suntrust) subscribed to 400 million common shares of Westside Bayshore Holding Corporation (WBHC), which consists of 40% of the total outstanding and issued common shares of WBHC.

Suntrust’s acquisition of 40% of the total outstanding and issued shares of WBHC is pursuant to a strategic working agreement with the parent company of WBHC, Travellers International Hotel Group, Inc. (“TIHGI”), Westside City Inc., and Entertainment City Resorts Corporation (“ECRC”) to expedite the completion of the now-expanded Westside Integrated Resort Project, located in Entertainment City, Parañaque City in Metro Manila, Philippines.

Through this acquisition, Suntrust will effectively hold an indirect interest in ECRC, a subsidiary of WBHC, which assumed all rights and obligations related to the Westside Integrated Resort Project to ensure its timely construction, development, completion and operation.

The terms and conditions of the transaction:

Number of shares to be acquired or disposed: 400,000,000
​Percentage to the total outstanding shares of the company subject of the transaction: 40%
Price per share: P8.00

The total buying price is P3.2 Billion.

WBHC is a holding company and subsidiary of TIHGI, a pioneer developer of integrated resorts in the Philippines and operator of gaming facilities under a license issued by the Philippine Amusement and Gaming Corporation.