Who founded the hospitality company which manages Makati Shangri-La, Manila?
Shangri-La Hotels and Resorts Shangri-La Hotels and Resorts is a Malaysian-based multinational hospitality company. Founded by Robert Kuok in 1971, the company has 99 hotels and resorts with over 38,000 rooms in Asia, Europe, Middle East, North America and Australia.
Ayala Land Ayala Land, Inc. (ALI) is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in 1991. Its core businesses are in strategic landbank management, residential development, shopping centers, corporate businesses, and hotels. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets. Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a P1.9-billion ($43-million) deal.