{"id":777014231,"date":"2024-03-25T08:34:39","date_gmt":"2024-03-25T11:34:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777014231"},"modified":"2026-04-22T11:45:35","modified_gmt":"2026-04-22T14:45:35","slug":"sjm-resorts-inaugurates-the-palazzo-versace-hotel","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sjm-resorts-inaugurates-the-palazzo-versace-hotel","title":{"rendered":"SJM Resorts inaugurates the Palazzo Versace hotel"},"content":{"rendered":"\n

The complex is part of the newly opened Grand Lisboa Palace integrated resort.<\/p>\n\n\n\n\n\n\n\n

Macau.- SJM Resorts<\/strong> has launched the Palazzo Versace hotel <\/strong>at its Grand Lisboa Palace property in Macau.\u00a0The opening featured a surprise musical performance by John Legend attended by figures such as Donatella Versace, chief creative officer of Versace.<\/p>\n\n\n\n

The hotel, in one of the resort’s towers, has 271 rooms and suites, a wellness retreat, a personal training studio and indoor and outdoor swimming pools.<\/p>\n\n\n\n

See also: <\/strong>Five SJM restaurants included in SCMP\u2019s 100 Top Tables 2024<\/a><\/p>\n\n\n\n

Daisy Ho<\/strong>, managing director of SJM Resorts, said at the inauguration ceremony: \u201cThe Grand Lisboa Palace now stands out as home to the only couture-focused designer hotels in Macau, positioning our city as one of the few destinations worldwide offering such ultraluxe branded hospitality experiences.\u201d<\/p>\n\n\n\n

SJM Holdings<\/a>\u00a0has reported nearly HK$1.73bn (US$220m) in adjusted full-year EBITDA. Grand Lisboa Palace<\/strong>\u00a0generated gross revenue of HK$3.6bn (US$460.1m) in 2023, with gross gaming revenue of HK$2.6bn (US$332.3m) and non-gaming revenue of HK$980m (US$125m). Its adjusted property EBITDA was a negative HK$317m (US$40.5m), compared with negative HK$969m for 2022.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

The complex is part of the newly opened Grand Lisboa Palace integrated resort.<\/p>\n","protected":false},"author":176,"featured_media":26764,"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 has officially launched the Palazzo Versace hotel within its Grand Lisboa Palace integrated resort in Macau, enhancing its ultra-luxury non-gaming offerings. This strategic move coincides with SJM Holdings reporting nearly HK$1.73bn (US$220m) in adjusted full-year EBITDA, with Grand Lisboa Palace generating HK$3.6bn (US$460.1m) in gross revenue for 2023, including HK$2.6bn (US$332.3m) in GGR and HK$980m (US$125m) in non-gaming revenue.","focusai_entities":"SJM Resorts, Palazzo Versace, Grand Lisboa Palace, Macau, John Legend, Donatella Versace, Versace, Daisy Ho, SJM Holdings, SCMP","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.9), marketing_crm (0.75), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Palazzo Versace Impact?","query":"What is the projected impact of the Palazzo Versace's launch on Grand Lisboa Palace's non-gaming revenue contribution and its overall adjusted property EBITDA trajectory for the upcoming fiscal year?"},{"label":"SJM Diversification Strategy?","query":"How does the integration of ultra-luxury branded hospitality, such as Palazzo Versace, align with SJM's long-term strategy for enhancing GGR and market share within Macau's highly competitive integrated resort landscape?"}],"footnotes":""},"categories":[157,16338],"tags":[23108],"class_list":["post-777014231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-sjm-holdings"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014231","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=777014231"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014231\/revisions"}],"predecessor-version":[{"id":777014268,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014231\/revisions\/777014268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26764"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}