MBS to undergo revamp in US$1b reinvestment programme
MARINA Bay Sands (MBS) announced plans to reinvest US$1 billion in upgrading its existing property as part of its parent company Las Vegas Sands' ongoing programme to enhance the design and customer experience across its Singapore and Macau properties.
In a media release on Tuesday (Feb 8), MBS said the reinvestment is the biggest since the integrated resort's (IR) opening, and is an addition to its multibillion-dollar expansion announced in April 2019.
Under the latest reinvestment plan, all rooms and suites in towers 1 and 2 of MBS will be renovated in phases over 2022 and 2023. This comes as part of the IR's extensive upgrading plans to "significantly elevate" its luxury lifestyle offerings as it expects the luxury travel segment to lead a recovery in tourism, it said.
New luxury lifestyle amenities will include a revamped executive club lounge, premium fine dining experiences as well as health and wellness offerings which will all be located on the 55th floor of its 3 hotel towers.
According to MBS, the reinvestment demonstrates the confidence of its parent company in Singapore and ongoing commitment to the city state's tourism industry.
Las Vegas Sands has also invested about US$2.2 billion in its properties in Macau.
MBS chief operating officer Paul Town said the IR's new room and suite offerings will bring "luxury lifestyle experiences not seen in the market before".
"We are excited to unveil them to guests from around the world in the months ahead as international travel returns following the easing of border restrictions. Singapore has been a leader in working towards the safe return of global travel through its Vaccinated Travel Lanes, and we are grateful to the government for its calibrated approach and unwavering support for the industry," said Town.
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