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Integrated Resorts Hit Jackpot

Category: Tourism, Posted:07 Sep 2010 | 06:00 am

Singapore's two new IR's (integrated resorts) have once again proven that casino's can be an instant success story.
Resorts World Senstosa posted 2nd quarter revenue of approximately USD$625 million. This dominoed as the hotels located within the destination resorts achieved average room rates close to USD190; and Universal Studios Singapore posting 8,000 daily visitors through the turnstiles.
Over at Marina Bay Stands estimated profits before tax during the initial 65 days of debuting creating a mind blowing USD94 million in profit.
Back of a recent trip I took to Resorts World, there were large numbers of Thai visitors who were on hand to shop, eat, drink and play the games of chance.

Other News

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Direct Hanoi Phuket Flights Commence

Category: Tourism, Posted:20 May 2023 | 12:11 pm Vietjet has kicked off direct flights between Hanoi and Phuket. The airline also operates daily service between the Thai resort island and Ho Chi Minh City. While short-haul regional Phuket is gaining pace, with China gaining traction, long-haul traffic to Thailand remains slower compared to 2019, according to OAG. Thai Airways International’s absence from the […]
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Phuket Hotels Association Online Travel Auction Now Open

Category: Hotels, Posted:14 May 2023 | 09:56 am The annual non-profit Phuket Hotels Association Absolutely Fabulous Online Travel Sale is now up and running. CLICK With nearly 200 hotel travel and dining deals across Thailand, Asia the globe, all proceeds go to the education scholarship fund of PHA. Over 45 Thai hospitality students are now supported by the fund and these are the […]
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C9 Hotelworks and Horwath HTL Release New Bali Hotel and Branded Residences Report

Category: Hotels|Real estate, Posted:28 Apr 2023 | 16:33 pm The resort island of Bali continues to be one of the world’s most desired holiday destinations. Over the past three decades, its resort real estate market has continued to evolve and change. Though, for branded residences, both in the lead-up and period after the global pandemic it has lagged behind other key Southeast Asian leisure […]
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