Why Monaco Expanded From Real Estate to Hospitality
The first hotel of Grand Monaco Land
Manila Standard has reported on how Grand Monaco Land moved from building homes to running a hotel. Jerome Carpio, Vice President for Hotel Operations, described Monaco Hotel as the company's pilot project and its foundation for entering the hospitality industry.
Founder Engr. Reynaldo A. Carpio envisioned a world-class facility in Rizal: a venue for business meetings, conventions, weddings, celebrations and community events. The hotel's conference facilities support corporate events, while its restaurants and entertainment venues draw both guests and local residents.
The group plans further Monaco destinations in Tuguegarao, Tagaytay and Zambales.
As featured in Manila Standard, 11 June 2026. Read the full story.



