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Newport World Resorts closed Q4 2024 with a 42% year-on-year increase in EBITDA, reaching Php3.2 billion—also 60% higher than the previous quarter. This strong performance was fueled by higher hotel occupancy and increased MICE activities, as Travellers International continues to enhance and diversify its offerings. Record foot traffic and sustained momentum across our non-gaming segments—retail, dining, hospitality, and entertainment—drove overall growth and strengthened our position in a dynamic market environment. These results reaffirm the success of our diversification strategy and our continued commitment to building vibrant, future-ready lifestyle destinations under Newport World Resorts and the Alliance Global Group. Read more: https://asgam.com/2025/04/22/new-quarterly-footfall-record-drives-higher-profits-for-newport-world-resorts-in-4q24-as-non-gaming-offsets-decline-in-vip/