An agreement was signed between “The Farm's” owner, Nepali billionaire Binod Chaudhary, and Marriott.

This is big news in the Philippine hospitality industry, as a well-known wellness retreat becomes part of an international brand's portfolio of boutique resorts.

The luxury wellness spa. The Farm, at San Benito, will undergo a rebrand as it becomes part of Marriott International's Autograph Collection. The agreement was signed between The Farm's owner, Nepali billionaire Binod Chaudhary, and Marriott.

The rebranded resort will open at the end of the third quarter, with Marriott International sharing in a joint statement with The Farm that this is a “timely and strategic entry” for them.

“With wellness emerging as a key driver of travel decisions, this is a timely and strategic entry for us,” said Rajeev Menon, president for Asia Pacific excluding China at Marriott International. “The Philippines, with its rich natural beauty and growing reputation as a rejuvenating destination, offers the ideal setting for the Autograph Collection.”