The upcoming shopping and hotel resort managed by Jones Lang LaSalle is preparing for a summer soft opening.<\/p>\n\n\n\n\n\n\n\n
Macau.- A shopping and hotel resort in downtown Macau is preparing for a summer soft opening. Managed by Jones Lang LaSalle (JLL)<\/strong>, the five-storey 400,000-square-feet YOHO Resorts World Shopping Centre has leased 80 per cent of its retail space and will see a full opening on October 1.<\/p>\n\n\n\n Originally slated for an opening at the end of last year, the project faced delays due to the global impact of the Covid-19 pandemic. According to Oliver Tong<\/strong>, general manager of JLL in Macau and Zhuhai, the completion has come at an opportune time.<\/p>\n\n\n\n Tong said: “It is unlikely that there will be another large shopping mall in such a prime location and with such a good mix of facilities on the Macau Peninsula in the near future, thus attracting a large number of tenants.”<\/p>\n\n\n\n The hotel component of the YOHO Group project, YOHO Treasure Island Resorts World Hotel<\/strong>, will also see a soft opening this summer after the completion of renovation work. The hotel has 600 five-star rooms, including suites with outdoor bathtubs and hotel apartment units described as suitable for long-term stays.<\/p>\n","protected":false},"excerpt":{"rendered":" The upcoming shopping and hotel resort managed by Jones Lang LaSalle is preparing for a summer soft opening.<\/p>\n","protected":false},"author":176,"featured_media":22443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The YOHO Resorts World Shopping Centre and YOHO Treasure Island Resorts World Hotel in downtown Macau are preparing for a summer soft opening, with the shopping centre targeting a full opening on October 1. Managed by Jones Lang LaSalle (JLL) for the YOHO Group, this significant non-gaming development features 400,000 square feet of retail space and 600 five-star hotel rooms. The project, which experienced delays due to the Covid-19 pandemic, is positioned to enhance Macau's tourism infrastructure and economic diversification.","focusai_entities":"Jones Lang LaSalle, JLL, Oliver Tong, YOHO Group, YOHO Resorts World Shopping Centre, YOHO Treasure Island Resorts World Hotel","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Diversification Strategy","query":"How does the introduction of a major non-gaming retail and hospitality asset like YOHO Resorts World align with Macau's broader economic diversification objectives, and what are the anticipated indirect impacts on integrated resort footfall and non-gaming revenue streams?"},{"label":"Regional Investment Climate","query":"What implications does the successful leasing and opening of this large-scale commercial property have for the capital markets' perception of investment opportunities and risk profiles within Macau's real estate and tourism sectors post-pandemic?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777006246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006246","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=777006246"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006246\/revisions"}],"predecessor-version":[{"id":777006291,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006246\/revisions\/777006291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/22443"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}