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

CTN News

 

Extensive hotel renovation to significantly elevate luxury lifestyle offerings; reinvestment affirms confidence in Singapore’s tourism future

SINGAPORE, Feb. 7, 2022 /PRNewswire/ — Marina Bay Sands has embarked on a major reinvestment programme for its existing property, spanning hotel rooms and suites, new food and beverage (F&B) offerings and other enhancements that will position the Integrated Resort (IR) for strong growth as the recovery of global tourism continues.

The US$1 billion reinvestment is the biggest since the IR’s opening in 2010, demonstrating parent company Las Vegas Sands’ confidence in Singapore and ongoing commitment to the country’s tourism industry.

The reinvestment is in addition to the multi-billion-dollar expansion announced in April 2019, which will include the development of a state-of-the-art entertainment arena, an ultra-luxury hotel tower and additional MICE (meetings, incentives, conventions & exhibitions) space, adjacent to the current IR.

The reinvestment encompasses extensive upgrading of all rooms and suites in Towers 1 and 2 of the Hotel. Renovation works will be completed in phases over 2022 and 2023, transforming the design and significantly elevating the hospitality experience in the luxury travel segment, which is predicted to lead the tourism recovery.

It will also see the IR introducing signature experiences across the 55th floor of all three hotel towers – including a revamped Executive Club Lounge, premium fine dining, and health and wellness offerings – to offer new luxury lifestyle amenities for high-value travellers. More details will be announced at a later date.

“We are firmly of the view that Asia will continue to lead as a primary driver of growth in travel, and Singapore will remain a top destination of choice. Our reinvestment as well as our planned multi-billion-dollar expansion that we announced in 2019 represent a further demonstration of our long-term support for Singapore. It reaffirms our confidence in the…

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