Newport World Resorts Posts Stronger H1 as Mass Gaming Offsets VIP Weakness

Travellers International Hotel Group recorded PHP568 million in attributable net income for the six months to June. One year earlier, the figure was PHP315 million.

EBITDA reached PHP4.4 billion, up 13% year on year. The improvement came even though the company continued to see weaker volumes from VIP players.

Mass Players Pick Up Some of the Slack

Non-VIP gross gaming revenue rose 6% to PHP9.6 billion during the first half. Travellers also said its digital channels contributed more, although it did not publish a separate revenue figure for online gaming.

Net revenue across the business came to PHP15.2 billion. The shift had already started to show earlier in 2026. During the first quarter, Travellers said mass gaming was helping compensate for lower VIP activity at Newport. That trend carried into the next three months.

Rather than waiting for high-roller traffic to recover, the operator has been getting more from regular casino customers and its digital business. The mix is different from the one that traditionally drove large integrated resorts in the region.

Hotel and Restaurant Revenue Moves Higher

There was also more money coming in away from the casino floor. Gross non-gaming revenue increased 12% to PHP3.9 billion. Higher room rates helped. Food and beverage sales also improved. Those areas remain much smaller than gaming, but they gave Travellers another source of growth while VIP play stayed under pressure.

For Newport, that is useful ahead of another round of expansion.

Two Openings Are Due This Year

Travellers still expects Westside Resorts Manila to open later in 2026. Narra Palm Resorts and Villas at Newport World Resorts is also scheduled to begin operations before the end of the year.

The additions will bring more hotel and resort capacity into the group. They also change the comparison for the second half. Travellers will have more space to sell and more gaming capacity, but the new operations will come with their own costs.

For now, the existing business is doing better without a VIP recovery. That is probably the clearest point in the numbers. Mass gaming is carrying more of the load than it did before. Non-gaming revenue is helping too.

The next set of results will show whether that was simply a strong half or the start of a more lasting change in Newport’s revenue mix.