{"id":15158,"date":"2021-02-24T15:12:39","date_gmt":"2021-02-24T15:12:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15158"},"modified":"2026-04-23T21:34:42","modified_gmt":"2026-04-24T00:34:42","slug":"grand-lisboa-palace-opening-moved-back-again","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/grand-lisboa-palace-opening-moved-back-again","title":{"rendered":"Grand Lisboa Palace opening moved back again"},"content":{"rendered":"\n<p>SJM Holdings hopes to open Grand Lisboa Palace in May or June but the exact date remains subject to market conditions.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- After reporting <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/sjm-revenue-down-77-8-in-2020\" target=\"_blank\">a net loss of nearly HKD3.03bn (US$390.2m)<\/a><\/em> <\/strong>for 2020, SJM Holdings has announced that the opening of <strong>Grand Lisboa Palace has been delayed again<\/strong>.<\/p>\n\n\n\n<p>The Cotai integrated resort <strong>was originally due to open in 2017<\/strong> but has faced multiple delays over the years.<\/p>\n\n\n\n<p>The construction has been completed and final inspections are taking place. The company<strong> hopes an occupation permit will be issued in March or April <\/strong>allowing the complex to open in May or June.<\/p>\n\n\n\n<p>A<strong> staggered opening for hotels and non-gaming facilities <\/strong>has been ruled by the casino operator to reduce costs.<\/p>\n\n\n\n<p>In the meantime, the company has expressed an interest in Japan <strong>and other opportunities in the Asian market<\/strong>, although it will remain primarily focused on Macau.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SJM Holdings hopes to open Grand Lisboa Palace in May or June but the exact date remains subject to market conditions.<\/p>\n","protected":false},"author":176,"featured_media":15160,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"SJM Holdings reported a net loss of HKD3.03bn for 2020, leading to further delays for its Grand Lisboa Palace integrated resort in Macau, now targeting a May or June opening. The company plans a staggered opening to mitigate costs while also expressing interest in potential expansion into Japan and other Asian markets, though Macau remains its core focus.","focusai_entities":"SJM Holdings","focusai_location":"Macau, Japan","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"SJM Capital Structure","query":"How will the continued delays and significant net loss for SJM Holdings impact its capital structure and ability to fund future expansion initiatives in markets like Japan?"},{"label":"Macau Market Impact","query":"What are the projected GGR and NGR impacts on the Macau market from the delayed Grand Lisboa Palace opening, and how might this affect competitive dynamics among concessionaires?"}],"footnotes":""},"categories":[157,16338],"tags":[23808,23906],"class_list":["post-15158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-grand-lisboa-palace","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=15158"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15158\/revisions"}],"predecessor-version":[{"id":15184,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15158\/revisions\/15184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15160"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}