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GGRAsia – First HK-Singapore travel bubble flights sold out: industry

Initial flights under the Hong Kong-Singapore air travel bubble – due to start on May 26 – are “fully booked” due to strong demand from “business travellers” and those making trips to visit relatives, said Jason Wong Chun-tat, chairman of the Travel Industry Council of Hong Kong, on a commercial radio programme broadcast on Sunday. “There are plenty of business travellers and people visiting their relatives,” he stated. Singapore (pictured) is home to two casino resorts: Resorts World Sentosa, run by Genting Singapore Ltd; and Marina Bay Sands, run by a unit of United States-based Las Vegas Sands Corp; the latter also the parent of Macau operator Sands China Ltd. Investment analysts have said Singapore’s casinos need to see a return of inbound foreign tourism to the city-state in order to thrive.

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GGRAsia – Singapore-HK limited air travel bubble from May 26

Singapore’s Ministry of Transport said in a Monday statement that the city-state had agreed with Hong Kong to start an air travel bubble between the two places on May 26. It will be done “cautiously” with one flight per day in each direction, and capped at 200 passengers per flights, for at least the first two weeks. Singapore is home to two casino resorts: Resorts World Sentosa, run by Genting Singapore Ltd; and Marina Bay Sands, run by a unit of Las Vegas Sands Corp. Las Vegas Sands’ chairman and chief executive, Robert Goldstein, said last week it was “hard to see Singapore return to pre-pandemic levels this year,” as that market requires international travel to recover. “Not having foreign players, is very hurtful [to the business],” stated Mr Goldstein. He was speaking during the group’s first-quarter earnings call.

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GGRAsia – GEN Singapore faulty vote on chairman incentive award

Genting Singapore Ltd said on Thursday that a previous resolution to make a performance-related share award to its executive chairman Lim Kok Thay, involved incorrect procedure, as another firm linked to Mr Lim and his son Lim Keong Hui, should have abstained from voting on the matter. That resolution had been approved at an extraordinary meeting in February 2020. Genting Singapore controls the Resorts World Sentosa casino resort in Singapore. “The company takes note of feedback given by the Singapore Exchange that Genting Overseas Holdings Ltd should have been required to abstain from voting” on the performance share matter, said Genting Singapore in a Thursday filing to that bourse.

Singapore generalKeong huiGenting singapore ltdGenting overseas holdingsGenting overseas holdings ltdSingapore exchangeLatest newsSingapore ltdLim kok thayLim keong huiResorts world sentosaGenting singaporeசிங்கப்பூர் ஜநரல்கெண்டிங் சிங்கப்பூர் லிமிடெட்கெண்டிங் ஓவர்‌ஸீஸ் ஹோல்டிங்ஸ்கெண்டிங் ஓவர்‌ஸீஸ் ஹோல்டிங்ஸ் லிமிடெட்

GGRAsia – Nascent gaming recovery, challenges remain: Genting boss

GGRAsia – Nascent gaming recovery, challenges remain: Genting boss
ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.

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GGRAsia – GEN Sing 2022 EBITDA to be below 2019 levels: Moody s

GGRAsia – GEN Sing 2022 EBITDA to be below 2019 levels: Moody s
ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.

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