Nilo Thaddeus Rodriguez was appointed President and CEO of Travellers International Hotel Group Inc (TIHGI), the operator of Manila’s Newport World Resorts (NWR), in mid-2024 after the company let go of its three most senior executives in a single day.
The strategic move, which also saw Lance Gautreaux named Chief Operating Officer, appears to have paid off for NWR, with optimized performance resulting in an 11% year-on-year improvement in EBITDA in the first six months of 2025 to Php4.5 billion (US$79.4 million). Second quarter EBITDA was up 21% compared to Q1 at Php2.5 billion (US$44.1 million).
Rodriguez, who first joined TIHGI in August 2022 as Chief Strategy Officer, brings over 30 years of professional experience to the role. He commenced his career with prestigious professional services firm SGV & Co and has since held numerous senior finance and hospitality roles, including at Hilton, Delta Air Lines and Philippine Airlines. He was CEO of Philippine Airlines for two-and-a-half years before joining TIHGI.
