Telegraf – Marina Bay Sands celebrates its 13th anniversary by launching various programs and a new collection of rooms with unique designs that have been renovated, as well as new partnerships for businesses in the Marina Bay area.
Marina Bay Sands’ latest investment program worth US$1 billion has reached a historic milestone with the completion of the construction of more than 850 hotel rooms, marking a new era of luxury hospitality. This investment program is the largest ever undertaken by Marina Bay Sands to date.
The rooms located in Towers 1 and 2 of this iconic hotel are the first series of luxury accommodations that have been designed specially and inspired by Singapore’s multicultural environment.
The new collection of rooms and suites presents a harmony between spaciousness and comfort, offering a glimpse of Marina Bay Sands’ transformation over the past few years that began in late 2021, where the integrated resort began to redefine the future of luxury hospitality and travel.
Paul Town, Chief Operating Officer of Marina Bay Sands, said, “This massive design transformation at this iconic hotel is our commitment to set a new benchmark for ourselves and the industry. The launch of the latest room collection is the beginning of other transformations in the future. Over the next few years, guests will witness luxury in every corner of our property.
From the Lobby atmosphere to several new Sands SkyPark concepts, every corner that guests visit will be significantly reviewed and updated during our 13 years of operation. We are very excited about everything that will happen in the future as we continue to transform to meet the evolving expectations of our guests.”
Currently, over 850 rooms have been renovated, which is almost two-thirds of the total 1,282 rooms that will be produced from the renovation in Towers 1 and 2. Furthermore, the renovation will focus on ultra-luxe suites. To meet the increasing demand for luxury travel, this hotel renovation will increase the number of suites at Marina Bay Sands in Towers 1 and 2 – from 137 rooms to approximately 422 rooms.
After the renovation in Towers 1 and 2, which is estimated to be completed by the end of 2023, Tower 3, Hotel Lobby, and Sands SkyPark will be next. The range of world-class experiences offered by this integrated resort will also include the Executive Club lounge that has been updated, premium luxury dining options, as well as health and wellness offerings.
This new range of experiences will be a new achievement that ensures that this resort will remain a leading destination that is synonymous with the typical Asian hospitality emblem.
This renovation is supported by strong revenue in the first quarter of 2023. In the last period, which was March 31, 2023, Marina Bay Sands’ net revenue more than doubled to US$848 million, with hotel revenue reaching US$97 million – an increase of around 155% compared to the same period in 2022. The hotel occupancy rate also reached 97.6% with an Average Daily Rate (ADR) of US$594.
The casino also reached a record, contributing property revenue of US$549 million, surpassing last year’s revenue of US$275 million. In addition, The Shoppes also recorded revenue of US$53 million.
New Partnerships for Businesses in the Marina Bay Area The integrated resort is also making progress with the launch of the Bay Precinct Strategy, positioning Marina Bay Sands and businesses around the Marina Bay area as centers for international business events.
