{"id":777041307,"date":"2026-04-23T08:14:03","date_gmt":"2026-04-23T11:14:03","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777041307"},"modified":"2026-04-23T13:25:36","modified_gmt":"2026-04-23T16:25:36","slug":"sands-china-to-kick-off-major-refresh-of-the-venetian-macao-room-product","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-to-kick-off-major-refresh-of-the-venetian-macao-room-product","title":{"rendered":"The Venetian Macao room refresh underway"},"content":{"rendered":"\n

The operator aims to complete the first batch of room renovations this year.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sands China<\/strong> has confirmed that it is renovating rooms and suites at The Venetian Macao<\/strong> as it focuses on the premium segment. During the first-quarter earnings call of the parent company Las Vegas Sands, chairman and CEO Patrick Dumont <\/strong>said work is already in progress, with the first batch of rooms expected to be back in service by the third quarter.<\/p>\n\n\n\n

The full transformation, which includes the addition of new luxury suites, is slated for completion by the end of 2027 or early 2028. The move is part of Sands China\u2019s “three critical pillars” strategy focusing on People, Product, and Service. <\/p>\n\n\n\n

The investment follows recent upgrades at The Londoner Macao and The Grand Suites at Four Seasons. Sands China said the project will not cause significant operational disruptions as it will accommodate guests across other properties while sections of the Venetian are under renovation. <\/p>\n\n\n\n

“We are singularly focused today on matching that suite and room product with the service levels that the most discerning and valuable customers in Macau increasingly demand,” Dumont said, highlighting that the premium segment is currently the primary driver of growth.<\/p>\n\n\n\n

Sands China results<\/h2>\n\n\n\n

As for results, Sands China reported US GAAP net revenues of US$2.10bn for the quarter ended March 31, 2026, up 23.6 per cent year-on-year. Net income increased 45.5 per cent to US$294m, compared with US$202m in the same period last year. Adjusted property EBITDA climbed to US$633m from US$535m a year earlier.<\/p>\n\n\n\n

The Venetian Macau recorded net casino revenues of US$556m, up from US$495m a year earlier. The Londoner Macau generated the strongest growth in the portfolio, with casino revenues rising to US$584m from US$402m in Q1 2025. At The Parisian Macau<\/strong>, gaming revenue was broadly stable at US$176m, but adjusted property EBITDA fell to US$46m from US$66m amid an unfavourable win rate and softer margins.<\/p>\n\n\n\n

Casino revenue at The Plaza Macau<\/strong> rose to US$212m compared with US$132m in the first quarter of 2025.<\/p>\n\n\n\n

Dumont said the group was maintaining a target of US$700m in quarterly earnings before interest, taxation, depreciation, and amortisation (EBITDA) from Macau operations. That compares to the first quarter\u2019s US$633m.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Las Vegas Sands confirms pay and incentives for new CEO Patrick Dumont<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

The operator aims to complete the first batch of room renovations this year.<\/p>\n","protected":false},"author":226,"featured_media":18096,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"","focusai_entities":"","focusai_location":"","focusai_target_profile":"","focusai_suggestions":[],"footnotes":""},"categories":[157,16338],"tags":[29,257,25222],"class_list":["post-777041307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-casino","tag-macau","tag-the-venetian-macao"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041307","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777041307"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041307\/revisions"}],"predecessor-version":[{"id":777041347,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777041307\/revisions\/777041347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18096"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777041307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777041307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777041307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}