Marina Bay Sands has undergone a radical US$1 billion reinvestment programme to its existing properties in an effort to accelerate growth as global tourism recovers. This reinvention ranges from all of Marina Bay's offerings from hotels, F&B experiences, and other luxury lifestyle leisures.
The extensive hotel reinvestment stands as the biggest renovation of the Integrated Resort (IR)'s history since its establishment in 2010 and is part of parent company Las Vegas Sands' ongoing plan to elevate design and the customer experience across its properties in Singapore and Macao, affirming the brand's confidence in Singapore's continuous strive for its tourism future.
The reinvestment, which is an extension of a multi-billion-dollar expansion announced in 2019 that will include the development of innovative entertainment facilities and ultra-luxury hotels, will see extensive upgrading to all of Marina Bay's Tower 1 and 2 suites and room, as well as introducing signature experiences across the 55th floor of all three hotel towers. This renovation is expected to be completed through phases over 2022 and 2023.
"We are firm of the view that Asia will continue to lead as a primary driver of growth in travel, and Singapore will remain a top destination of choice," said Robert G. Goldstein, Las Vegas Sands' Chairman and CEO. “Our reinvestment as well as our planned multi-billion-dollar expansion that we announced in 2019 represent a further demonstration of our long-term support for Singapore. It reaffirms our confidence in the future and our commitment to offering industry-leading luxury products and hospitality experiences to our guests.”