Bahamas-Registered Hotel Developer Partners With China's Largest Hospitality Group

Shanghai, China, January 31, 2016 (Newswire.com) - Pacific Asian Developments Ltd. is a Publicly-traded company registered in Bahamas and listed (Ticker symbol-PADL) at iW World Exchange. PADL develops hotels and resorts in South East Asia, Pacific and North America in partnerships with China’s leading hospitality companies. The company's hotel projects are directed towards Chinese holiday travelers-now the biggest in the world.

For the company's resort project in San Jose Island, (adjacent to the "World's No. 1 Island Destination in 2012" by a most respected travel magazine), it has partnered with China's biggest hotel company and the world's 5th largest hospitality group with 6,000+ hotels. The resort is slated to open by 4Q 2016. For more information on this resort development, see http://www.plateno-hotels.com/en/property-ownership

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Miguelito Ngenamot, External PR

Two projects currently under development (located in the Philippines and Guam, USA) are in preparation for the company's intentions to undertake an IPO within 2 years. The company has also acquired a commercial land in Las Vegas, Nevada and engaged Hart Gaming LLC in negotiations to acquire a grandfather's gaming license from one of Las Vegas' oldest gaming companies. 

PADL has initiated preparations for the additional listing of its stocks at JP Jenkins Exchange & Trading Platform and AIM (small board of London Stock Exchange).  

For more information, visit www.pacificadl.com.