Image Source GGRAsia

Marina Bay Sands Singapore to undergo thorough renovation

October 20, 2023 Singapore Casino & Hotel

The renowned casino complex Marina Bay Sands in Singapore is scheduled to undergo a thorough renovation, with the reconstruction of its Tower 3 hotel section costing $750 million. In their third-quarter earnings report, Las Vegas Sands Corp., the resort’s parent company, made this statement. This renovation is a component of “”Phase 2″” of a larger plan to rehabilitate the whole site, which is anticipated to be finished by 2025.

The lobby, VIP arrival areas, and amenities at the SkyPark Observation Deck will all be renovated as part of Phase 2, in addition to the room changes in Tower 3. Additionally, the renovation will enhance the variety of culinary options, entertainment, and retail services available.

Robert Goldstein, Chairman and CEO of Las Vegas Sands, emphasized the importance of this investment by stating that it would strengthen and increase the resort’s performance. The parent company also owns Sands China Ltd in Macau in addition to Marina Bay Sands.

Las Vegas Sands’ agreement with Singaporean authorities to invest at least SGD4.5 billion (approximately $3.27 billion) in the development of Marina Bay Sands is not related to this hotel room renovation.

About 1,300 renovated rooms, including 390 suites, as well as improvements to the gaming areas and premium services are part of the first phase of the renovation, which encompasses Towers 1 and 2. There will be around 1,200 renovated rooms, including 300 more suites, by September 30, 2023. By the end of the year, Towers 1 and 2 should be finished, adding a total of 1,850 upgraded hotel rooms, including around 770 suites.

Las Vegas Sands also plans to construct a high-end hotel tower with a “”sky roof”” complete with a pool, entertainment areas, conference spaces, a performance space with around 15,000 seats, and opulent shops. It is anticipated that this construction, which is pending approval, would significantly expand the market and provide a new live entertainment venue in Singapore.

Original story by: GGRAsia