Alliance Global Group, Inc. is an investment holding company, which engages in the food and beverage, real estate, and quick service restaurant businesses. Its subsidiaries include Megaworld, Emperador Inc., Travellers International, Golden Arches Development Corporation (GADC) and Infracorp. The company has four segments. The Megaworld segment consists of development of real estate, integrated resorts, leasing of properties and hotel operations business. The Emperador segment refers to the manufacture and distribution of distilled spirits, including the production of glass containers. The Travellers segment relates to a tourism-oriented business that integrates entertainment, hospitality and leisure, including gaming, as that of Newport World Resorts. The GADC segment is involved in the operations of McDonald’s restaurants in the Philippines in accordance with the franchise agreement between GADC and McDonald’s Corporation, United States.