{"id":27099,"date":"2022-02-09T08:06:07","date_gmt":"2022-02-09T11:06:07","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27099"},"modified":"2026-04-23T11:29:35","modified_gmt":"2026-04-23T14:29:35","slug":"marina-bay-sands-us1bn-renovation-project-to-be-completed-in-phases","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/marina-bay-sands-us1bn-renovation-project-to-be-completed-in-phases","title":{"rendered":"Marina Bay Sands US$1bn renovation project to be completed in phases"},"content":{"rendered":"\n<p>The upgrade of Marina Bay Sands&#8217; hotel accommodations will be completed in phases over 2022 and 2023.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Singapore.- Marina Bay Sands casino resort has announced that the <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/lvs-to-invest-us1bn-at-marina-bay-sands\" target=\"_blank\">US$1bn upgrade of its existing hotel space<\/a>\u00a0will be completed in phases between 2022 and 2023. The renovation project is separate from Las Vegas Sands&#8217; 2019 commitment to the Singapore government to<strong>\u00a0invest S$4.5bn (US$3.3bn) in the expansion of the Marina Bay Sands hotel<\/strong>.\u00a0<\/p>\n\n\n\n<p>The expansion will include an entertainment venue, a new hotel tower and additional meeting, conference and exhibition space. The pledge coincides with the group\u2019s extension of Singapore casino rights to 2030.<\/p>\n\n\n\n<p>The company mentioned a completion date of 2026 for the expansion. However, the group&#8217;s third-quarter earnings presentation said the work could be completed by 2025.<\/p>\n\n\n\n<p>In January Alvin Tan Sheng Hui, Singapore\u2019s minister of state for trade and industry, said&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/singapores-ir-expansion-plans-delayed-due-to-covid-19\" rel=\"noreferrer noopener\">expansion plans of Singapore\u2019s two integrated resorts<\/a>&nbsp;were going to be delayed due to the Covid-19 pandemic.<\/p>\n\n\n\n<p><strong>Paul Town<\/strong>, Marina Bay Sands\u2019 chief operating officer, said the company would be \u201cexcited to unveil the new facilities to guests from around the world in the months ahead as international travel returns following the easing of border restrictions\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The upgrade of Marina Bay Sands&#8217; hotel accommodations will be completed in phases over 2022 and 2023.<\/p>\n","protected":false},"author":176,"featured_media":18489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Marina Bay Sands is undertaking a US$1bn phased upgrade of its existing hotel accommodations, expected to conclude by 2023. This is distinct from Las Vegas Sands' S$4.5bn integrated resort expansion, which includes new gaming and hospitality infrastructure, with completion now anticipated by 2025, coinciding with extended casino rights until 2030. The projects underscore significant capital expenditure in the Singaporean gaming vertical, despite prior pandemic-related delays.","focusai_entities":"Marina Bay Sands, Las Vegas Sands, Singapore government, Alvin Tan Sheng Hui, Paul Town","focusai_location":"Singapore","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ROI of Expansion","query":"What is the projected return on investment for the S$4.5bn expansion, considering the revised completion timeline and evolving regional gaming market dynamics?"},{"label":"GGR Impact","query":"How will the expanded gaming and non-gaming amenities impact Marina Bay Sands' GGR and NGR projections post-2025, particularly concerning competitive pressures from other Asian integrated resorts?"}],"footnotes":""},"categories":[157,16338],"tags":[168],"class_list":["post-27099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-marina-bay-sands"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27099","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=27099"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27099\/revisions"}],"predecessor-version":[{"id":27109,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27099\/revisions\/27109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18489"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}