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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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Phuket’s Koh Siray Adds A New Hotel

Category: Hotels, Posted:22 Jan 2022 | 15:45 pm Phuket’s east coast has a new hotel with the recent opening of the Sinae Hotel in Koh Siray. The resort offers a collection of 64  studio units, and lifestyle as well as private pool villas. A key feature of Sinae is its elevated hillside ocean views. Access to nearby Phuket Town is ten minutes from […]
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The Aussies Are Coming

Category: Hotels|Tourism, Posted:22 Jan 2022 | 14:53 pm For Phuket hotel sales and marketing teams, the go-to-market has been Russia during the height of the winter snowbird season. With March fast approaching and Thailand’s approval of a revised Test & Go program from the beginning of February, hoteliers are looking at the vast void of the second quarter of the year. Certainly, domestic […]
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Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
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