GGRAsia – Some Macau casino sector execs upbeat on CNY outlook 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.
The Londoner Macao – a revamped and rebranded Cotai casino property that had its first-phase launch on Monday, just ahead of Chinese New Year – is designed to bring new customers to the Macau gaming-resort market, rather than eat into the share of consumers that already come to the city, said Wilfred Wong Ying Wai (pictured), president of the venue’s promoter, Sands China Ltd.
A “soft opening” – over the Christmas and calendar-new-year period – of the Londoner Macao, a British-themed resort, indicated it appealed to tourists that might not otherwise visit Macau, Mr Wong told reporters on the sidelines of the launch.
Most of Macau’s luxury hotels in casino resorts were, as of Thursday, still available for booking for all of the nights of the upcoming, week-long, Chinese New Year (CNY) holiday period, according to checks conducted by GGRAsia.
The average nightly rates of most of those hotel rooms were also lower than for Chinese New Year in 2020. China’s State Council has designated the upcoming holiday period as running inclusively from February 11, a Thursday – the eve of Chinese New Year – to February 17, a Wednesday.
GGRAsia’s occupancy survey drew on information collated from the official booking websites of the relevant casino-resort hotels. As of Thursday, 21 out of 22 local five-star hotels – most of them establishments at Cotai casino resorts – were still available for bookings for all of the nights of the upcoming festive period.
Las Vegas Sands Ranks Highest Among Integrated Resort Developers on Fortune s World s Most Admired Companies List
Company Makes the Prestigious List for Five Consecutive Years
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LAS VEGAS, Feb. 1, 2021 /PRNewswire/ Las Vegas Sands (NYSE: LVS) has again been named one of the World s Most Admired Companies in
Fortune s annual list of the most respected and reputable businesses, ranking highest overall and tops in social responsibility among hotel and gaming Integrated Resort operators. Sands 2021 appearance on the list is its fifth straight and eighth in the past nine years. Being recognized as one of the world s most admired companies year after year, and the top-ranked Integrated Resort company in 2021, is a testament to our impact in driving significant business and leisure tourism through our Integrated Resorts and our deep commitment to making our regions better places to live, work and visit, said Patrick Dumon