{"id":777010156,"date":"2023-10-16T09:21:23","date_gmt":"2023-10-16T12:21:23","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777010156"},"modified":"2026-04-22T17:06:53","modified_gmt":"2026-04-22T20:06:53","slug":"sjm-grand-lisboa-to-be-renovated-in-2024","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sjm-grand-lisboa-to-be-renovated-in-2024","title":{"rendered":"SJM Grand Lisboa to be renovated in 2024"},"content":{"rendered":"\n<p>The project will incorporate more non-gaming features such as restaurants and shops.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- SJM Resorts\u2019 managing director\u00a0<strong>Daisy Ho Chiu Fung\u00a0<\/strong>has unveiled plans for a forthcoming renovation of the Grand Lisboa casino-hotel, set to commence next year.\u00a0Speaking to media on Friday (October 13), Ho Chiu Fung said the renovation project does not involve additional rooms but will add new restaurants and shops.<\/p>\n\n\n\n<p>Ho said the <strong>project will conclude in 2025<\/strong>, followed by the start of another project for the Lisboa Hotel in 2027.<\/p>\n\n\n\n<p>SJM Holdings previously announced an investment of MOP2.5bn to renovate the Lisboa Hotel and the adjacent Grand Lisboa casino-hotel. The goal is to increase non-gaming experiences.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/sjm-holdings-posts-net-gaming-revenue-of-us1-1m-for-h1\" target=\"_blank\">SJM Holdings reported a net loss of approximately HK$2.76bn<\/a>\u00a0for the first half of the year. Revenue was down 20.9 per cent year-on-year at HK$4.13bn.\u00a0<\/p>\n\n\n\n<p><strong>See also:\u00a0<\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/sjm-to-work-with-government-to-revitalise-macaus-main-street\" target=\"_blank\">SJM to work with government to revitalise Macau\u2019s main street<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project will incorporate more non-gaming features such as restaurants and shops.<\/p>\n","protected":false},"author":176,"featured_media":20785,"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 Resorts plans a multi-year renovation of its Grand Lisboa and Lisboa Hotel properties in Macau, commencing next year with a focus on integrating more non-gaming features like restaurants and shops. This MOP2.5bn investment aims to enhance non-gaming experiences, following SJM Holdings' reported net loss of HK$2.76bn and a 20.9% revenue decline in H1.","focusai_entities":"SJM Resorts, Daisy Ho Chiu Fung, SJM Holdings","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), operator_casino (1.0), investor_analyst (1.0), gambler_consumer (0.8), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Non-Gaming ROI?","query":"What is the projected return on investment for SJM Holdings' MOP2.5bn non-gaming capital expenditure, particularly given the current financial performance?"},{"label":"Diversification Strategy?","query":"How does this non-gaming diversification strategy align with Macau's broader economic development goals and SJM's long-term competitive positioning against other concessionaires?"}],"footnotes":""},"categories":[157,16338],"tags":[23808],"class_list":["post-777010156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-grand-lisboa-palace"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010156","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=777010156"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010156\/revisions"}],"predecessor-version":[{"id":777041136,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010156\/revisions\/777041136"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20785"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}