Slumber Party Massacre III (also known as Captive Women in the Philippines) is a 1990 American slasher film directed by Sally Mattison and written by Catherine Cyran. It is the third and final installment in the original Slumber Party Massacre trilogy, and stars Keely Christian, Brittain Frye, M.K. Harris, David Greenlee, Hope Marie Carlton and Maria Ford. The film follows a group of teenage girls in California, whose slumber party is crashed by a masked killer.

Slumber Party Massacre III grossed $1.2 million at the box office on a budget of $350,000. Much like its predecessors, the film has developed a cult following, but is often considered the worst of the trilogy.