SM Prime invests P5.3B for convention centers in Cebu, Pasay
SM Prime Holdings Inc.'s hospitality division plans to invest P5.3 billion over five years to build more convention centers.
The first two developments are scheduled to open in Cebu and Pasay City: the SMX Convention Center Seaside Cebu in Q3 2026 and SMXCITE at Mall of Asia Complex in Pasay set for Q1 2027.
Peggy Angeles, executive vice president of SM Hotels and Convention Corp., emphasized that these venues will provide communities with new business and tourism opportunities through MICE events.
The Cebu project is highlighted as one of the largest convention hubs in the Visayas region, offering over 21,000 square meters of leasable space across six levels, directly integrated with SM Seaside Arena and SM Seaside Cebu Mall.
SMXCITE at Mall of Asia Complex will feature 18,000 square meters of leasable space, enhancing its capacity to host various events and conferences.
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