Marina Bay Sands unveils US$1 billion reinvestment to transform luxury travel and hospitality experience

Marina Bay Sands has launched into a serious reinvestment programme for its current property, spanning resort rooms and suites, new meals and beverage (F&B) choices and different enhancements that can place the Built-in Resort (IR) for robust progress because the restoration of world tourism continues.

The US$1 billion reinvestment is the largest because the IR’s opening in 2010, demonstrating mother or father firm Las Vegas Sands’ confidence in Singapore and ongoing dedication to the nation’s tourism {industry}.

The reinvestment is along with the multi-billion-dollar growth introduced in April 2019, which is able to embrace the event of a state-of-the-art leisure enviornment, an ultra-luxury resort tower and extra MICE (conferences, incentives, conventions & exhibitions) area, adjoining to the present IR.

The reinvestment encompasses in depth upgrading of all rooms and suites in Towers 1 and a couple of of the Resort. Renovation works shall be accomplished in phases over 2022 and 2023, remodeling the design and considerably elevating the hospitality expertise within the luxurious journey section, which is predicted to steer the tourism restoration.

It should additionally see the IR introducing signature experiences throughout the fifty fifth ground of all three resort towers – together with a revamped Government Membership Lounge, premium high-quality eating, and well being and wellness choices – to supply new luxurious life-style facilities for high-value travellers. Extra particulars shall be introduced at a later date.

“We’re firmly of the view that Asia will proceed to steer as a major driver of progress in journey, and Singapore will stay a high vacation spot of alternative. Our reinvestment in addition to our deliberate multi-billion-dollar growth that we introduced in 2019 symbolize an additional demonstration of our long-term assist for Singapore. It reaffirms our confidence sooner or later and our dedication to providing industry-leading luxurious merchandise and hospitality experiences to our visitors,” stated Robert G. Goldstein, Las Vegas Sands’ Chairman and CEO.

The US$1 billion reinvestment for Marina Bay Sands is a part of Las Vegas Sands’ ongoing programme to raise design and the shopper expertise throughout its properties in Singapore and Macao. In Macao, this contains funding of roughly US$2.2 billion in The Londoner Macao, Grand Suites at 4 Seasons Macao and The Londoner Courtroom.

Paul City, Marina Bay Sands’ Chief Working Officer, stated: “Marina Bay Sands’ new room and suite choices will carry luxurious life-style experiences not seen available in the market earlier than, as we reimagine the way forward for luxurious hospitality and journey. We’re excited to unveil them to visitors from world wide within the months forward as worldwide journey returns following the easing of border restrictions. Singapore has been a frontrunner in working in the direction of the protected return of world journey by means of its Vaccinated Journey Lanes, and we’re grateful to the Authorities for its calibrated strategy and unwavering assist for the {industry}.”

Delivering a well-rounded expertise for guests, Marina Bay Sands additionally continues to introduce new eating and retail ideas, thrilling leisure programmes in addition to cutting-edge exhibitions. Including to its spectacular lineup of celeb chef and signature eating places, Wakuda, created by legendary Chef Tetsuya Wakuda and restaurateur John Kunkel of the 50 Eggs Hospitality Group, shall be unveiled quickly. The Shoppes at Marina Bay Sands additionally continues to develop and current recent and distinctive procuring experiences by bringing in new-to-Singapore ideas.

The reinvestment announcement comes because the IR enters its second decade of operations following its tenth anniversary in 2020. Since opening in 2010 at a improvement price of US$5.6 billion, Marina Bay Sands has supplied important advantages to Singapore’s tourism sector, with over 380 million guests to the property and serving to to draw greater than 1,000 all-new MICE occasions to the nation.

Marina Bay Sands has additionally benefited the financial system of Singapore by means of the creation of latest jobs and assist for native companies. The IR immediately employs almost 10,000 Staff Members, of which greater than two thirds are Singaporeans and Everlasting Residents, with the determine anticipated to rise within the coming years to assist the growth of the enterprise.