Grandventure Management Services, Inc. (the "Company") was incorporated in the Philippines on December 16, 2008 to engage in the business of hotels, shopping malls, restaurants, theatres, cinema houses, inns, apartments, private clubs, leisure activities, motels and/or motor lodges, caterers, cocktail bars, taverns and other related and allied businesses, as well as to operate, manage and/or maintain any and all services and facilities of said businesses, including operation and maintenance of motor vehicles.
The Company is presently providing management services to hotels and food and beverage outlets owned and operated by Travellers International Hotel Group, Inc., doing business in the name Newport World Resorts.
Newport World Resorts is an integrated resort in the Philippines that was awarded one of the first licenses issued by the Philippine Amusement and Gaming Corporation in June 2008 to construct and operate integrated leisure and gaming facilities to an international standard with the goal of enhancing tourism in the Philippines.