[2][3] The contest was presented by Miss Universe 2022 R'Bonney Gabriel, Alden Richards, Jeannie Mai, Gabbi Garcia and Tim Yap.

On April 11, 2023, the Miss Universe Philippines Organization announced the launch of a new accredited partners program that would select delegates from the 2024 edition onwards.

[7][8][9] The national director Shamcey Supsup-Lee, explained that this intended to "even the playing field" by having local organizers providing resources to participants in the pageant.

Supsup-Lee added that it will "provide women in the provinces with an equal opportunity", noting that previously contestants based in Metro Manila had a financial advantage.

[18][19][20] Out of the 55 initial contestants announced, four announced their withdrawal from the competition prior to the coronation night: Natasha Jung of Kananga on February 22, 2024;[21] Joanne Marie Thornley of Angeles on March 19;[22] Lorraine Ojimba of Quezon City on April 3;[23] and Kiara Landon of the Filipino community of Washington, United States, on April 19.

[27] On April 2, 2024, the organization announced that the coronation night will be held on May 22, at the SM Mall of Asia Arena in Bay City, Pasay.

Alexie Brooks of Iloilo City, Janet Hammond of Southern California, and Tamara Ocier of Tacloban, were named winners, each receiving a ₱100,000 cash prize.

[57] The results of the preliminary competition, held on May 19, 2024, at the Manila Hotel, which evaluated the 53 delegates in the swimsuit and evening gown categories and the closed-door interviews, determined the first 15 semifinalists for the edition.

[62][63] The voting public determined the winners of the pre-pageant challenges which each advanced a delegate to the semifinals, creating a total of 20 semifinalists, an increase of two from the previous edition.

The top five finalists then participated in the question and answer portion where Miss Universe Philippines 2024 and her runners-up were determined.

[67][68] Miss Universe 2022 R'Bonney Gabriel, Alden Richards, Jeannie Mai, Gabbi Garcia, and Tim Yap presented the program.

[74] The organization explained that the length was a result of allotting "enough time" for the "tabulations, production set-ups, and costume changes" during the event.