{"id":777006451,"date":"2023-06-20T09:43:14","date_gmt":"2023-06-20T12:43:14","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777006451"},"modified":"2026-04-22T20:50:29","modified_gmt":"2026-04-22T23:50:29","slug":"marina-bay-sands-to-host-music-festival","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/marina-bay-sands-to-host-music-festival","title":{"rendered":"Marina Bay Sands to host music festival"},"content":{"rendered":"\n

Marina Bay Sands (MBS) will host a 10-concert music festival between July 15 and August 2.<\/p>\n\n\n\n\n\n\n\n

Singapore.- Marina Bay Sands<\/strong> has announced the first edition of its music festival, “Where Music Takes Over.”<\/strong> The event will span nearly three weeks, from July 15 to August 2. <\/p>\n\n\n\n

According to a press release, Marina Bay Sands host over 10 concerts and musical showcases. Headlining acts include Taiwanese Mandopop star David Tao, Ellie Goulding, and Colombian singer, songwriter and music producer J Balvin. <\/p>\n\n\n\n

Since the beginning of the year, Marina Bay Sands has been working to present a wider range of attractions in order to increase the number of visitors. Robert G. Goldstein<\/strong>, the chairman and CEO of Las Vegas Sands, said he expects Marina Bay Sands<\/a> to soon hit quarterly EBITDA of US$500m<\/strong>.<\/p>\n\n\n\n

He said EBITDA levels in Singapore have already recovered to the levels seen in 2019 and said he expected the venue could achieve annualised EBITDA of US$2bn. He emphasised the importance of increasing Chinese visitation and enhancing the quality of lodging and gaming experiences.<\/p>\n\n\n\n

The company<\/a> recently reported that adjusted property EBITDA rose from US$121m to US$394m year-on-year <\/strong>in the first quarter of the year. That represents approximately 93 per cent of the EBITDA recorded in the first quarter of 2019. The company posted US$848m in revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"

Marina Bay Sands (MBS) will host a 10-concert music festival between July 15 and August 2.<\/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":"Marina Bay Sands (MBS) is launching a 10-concert music festival from July 15 to August 2 as part of a broader strategy to increase visitation and diversify attractions. Las Vegas Sands CEO Robert G. Goldstein anticipates MBS will soon achieve US$500m in quarterly EBITDA, targeting US$2bn annualised, driven by enhanced lodging, gaming experiences, and increased Chinese visitation. The property reported Q1 adjusted EBITDA of US$394m, representing 93% of 2019 levels.","focusai_entities":"Marina Bay Sands, David Tao, Ellie Goulding, J Balvin, Robert G. Goldstein, Las Vegas Sands","focusai_location":"Singapore","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"EBITDA Target Dependencies?","query":"What is the projected timeline for MBS to achieve its US$2bn annualised EBITDA target, and what are the key dependencies, particularly concerning gaming vertical performance and regional visitation trends?"},{"label":"Non-Gaming ROI?","query":"Beyond the music festival, what specific capital expenditure or operational enhancements are planned to 'enhance the quality of lodging and gaming experiences' and what is their anticipated ROI?"}],"footnotes":""},"categories":[157,16333],"tags":[168],"class_list":["post-777006451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-marina-bay-sands"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006451","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=777006451"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006451\/revisions"}],"predecessor-version":[{"id":777006474,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006451\/revisions\/777006474"}],"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=777006451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}