Las Vegas Sands has embarked upon a US$3.3bn expansion plan for Marina Bay Sands in Singapore with a spectacular new tower and additional MICE space.
The agreement with the Singapore government was announced in April, for a project immediately adjacent to the existing Marina Bay Sands Integrated Resort (IR). The key elements will be a state- of the-art 15,000-seat arena, a luxury hotel tower and additional MICE space.
“Marina Bay Sands is an iconic tourism destination that has exceeded all of our hopes in growing leisure and business tourism in Singapore and it is a privilege to receive the Singapore government’s continued support for its development,” said Las Vegas Sands Chairman and Chief Executive Officer Sheldon G. Adelson. “The property has achieved amazing success for both Singapore and our company and we plan to create even more with this expansion.”
Since opening in 2010, Marina Bay Sands has attracted more than 330 million visitors. The property has brought over 700 new MICE events to Singapore since opening and hosted 3,680 events at the Sands Expo and Convention Centre in 2018 alone.
The new 15,000-seat arena will, says the Sands group in an of cial statement, play a key role in bringing new and repeat visitors to Singapore.
The hotel tower, which will feature approximately 1,000 all- suite rooms will also include a sky roof with a swimming pool and a signature restaurant. The tower will feature a dramatic atrium and terraces along with exciting food and beverage offerings and a combination of meeting rooms, ballrooms and exhibition halls. “New luxury hotel accommodations and a world- class entertainment venue are exactly the catalysts we need to drive additional visitation to Singapore, and specifically to Marina Bay Sands,” said Rob Goldstein, the company’s president and chief operating officer. “The expansion of our Singapore IR is a key component of our company’s strategic growth plan and also reflects the strong tourism and business potential in Singapore”.
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Photo: An artist’s aerial view of the Marina Bay Sands Integrated Resort expansion