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Sy-led unit eyes deal with Raintree for hotel.

BusinessWorld (Philippines)

| April 29, 2011 | COPYRIGHT 1999 Business World Publishing Corporation. (Hide copyright information)Copyright

Byline: Neil Jerome C. Morales

BELLE CORP., the high-end developer controlled by the Sy family, is in talks with hotel operator HSAI Raintree for the management of one of the three hotels at a planned $750-million complex, an official yesterday said.

"We have identified the group who will manage the all-suite hotel. They are the group behind the Discovery brand," Belle Vice-Chairman Willy N. Ocier told reporters after the company's stockholders' meeting in Makati.

Aside from Discovery brand of hotel accommodations, HSAI Raintree is also behind restaurant concepts in the country.

To date, the Raintree group is also the consultant for the casino …

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