 Originally it opened with 703 rooms over its 28 floors, at a cost of $118 million.It was the first new hotel in Makati in 17 years and featured the largest meeting spaces in the city.The hotel has undergone several renovations over the years, including 3 restaurant overhauls and the refurbishing of more than 200 rooms in 2001 with finer optic cabling and broadband internet.