{"id":27879,"date":"2022-03-08T06:53:14","date_gmt":"2022-03-08T09:53:14","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27879"},"modified":"2026-04-23T10:43:23","modified_gmt":"2026-04-23T13:43:23","slug":"vaccinated-travel-lanes-offer-path-to-recovery-for-marina-bay-sands","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/vaccinated-travel-lanes-offer-path-to-recovery-for-marina-bay-sands","title":{"rendered":"Vaccinated travel lanes offer path to recovery for Marina Bay Sands"},"content":{"rendered":"\n

Analysts at JP Morgan Securities LLC see clear potential for Las Vegas Sands to reach US$2.5bn in annual EBITDA once Chinese visitors return.<\/p>\n\n\n\n\n\n\n\n

Singapore.-\u00a0Marina Bay Sands<\/a>\u00a0has a clear path to recover thanks to the high Covid-19\u00a0vaccination rate in Singapore<\/strong>\u00a0and the country’s vaccinated travel lanes (VTLs). Analysts at JPMorgan Securities LLC say Las Vegas Sands “sees a clear path to US$2.5bn EBITDA” annually once consumers from mainland China return to Singapore in large numbers.<\/p>\n\n\n\n

According to JPMorgan,\u00a0MBS’s largest source markets are one-third Singaporean locals, one-third Hong Kong and Chinese and one third other overseas visitors. Singapore has allowed the entry of 456,215 travellers since it began operating vaccinated travel lanes<\/strong>, and authorities will include Greece and Vietnam in the scheme soon.<\/p>\n\n\n\n

LVS completes sale of Las Vegas assets to focus on Asia<\/h2>\n\n\n\n

Las Vegas Sands has completed the sale of\u00a0its Las Vegas casino portfolio for US$6.25bn\u00a0<\/strong>to private equity firm Apollo Global Management and VICI Properties.\u00a0Apollo\u00a0<\/strong>acquired the operating company for\u00a0US$2.25bn<\/strong>\u00a0while\u00a0Vici Properties\u00a0<\/strong>bought the real estate assets\u00a0for US$4bn<\/strong>.<\/p>\n\n\n\n

Last March,\u00a0the company had said it was going to sell its world-famous Venetian casino<\/a>\u00a0to invest in its Asian businesses. The company has recently stated it has no plans to sell its mall in Singapore and wants to focus on a near-full recovery in Macau and Singapore.<\/p>\n","protected":false},"excerpt":{"rendered":"

Analysts at JP Morgan Securities LLC see clear potential for Las Vegas Sands to reach US$2.5bn in annual EBITDA once Chinese visitors return.<\/p>\n","protected":false},"author":176,"featured_media":18107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"JPMorgan analysts project Las Vegas Sands' Marina Bay Sands to achieve US$2.5bn in annual EBITDA, contingent on the robust return of Chinese visitors to Singapore, facilitated by the nation's high vaccination rates and Vaccinated Travel Lanes. This outlook follows LVS's strategic divestment of its Las Vegas casino portfolio for US$6.25bn to Apollo Global Management and VICI Properties, underscoring its sharpened focus on Asian integrated resort markets, particularly Macau and Singapore.","focusai_entities":"Las Vegas Sands, Marina Bay Sands, Apollo Global Management, VICI Properties, JP Morgan Securities LLC","focusai_location":"Singapore, China, Hong Kong, Greece, Vietnam, Macau, Las Vegas","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"EBITDA Timeline for LVS?","query":"What is the projected timeline for LVS to achieve the US$2.5bn annual EBITDA, considering the phased return of Chinese visitors and VTL expansion?"},{"label":"Capital Allocation Post-Divestment?","query":"How will LVS's strategic divestment of its Las Vegas portfolio impact its capital allocation strategy for further development or expansion within its core Asian markets?"}],"footnotes":""},"categories":[157,16338],"tags":[168],"class_list":["post-27879","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\/27879","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=27879"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27879\/revisions"}],"predecessor-version":[{"id":27889,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27879\/revisions\/27889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18107"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}