Marina Bay Sands invests US$750m in 2nd phase of hotel development
The company plans to finish development works in phases through 2025.
Marina Bay Sands invested an additional $1b (US$750m) for the second phase of its reinvestment programme, following the $1.3b (US$1b) committed in February 2022.
The fund will support the development of Hotel Tower 3, Hotel Lobby, and Sands SkyPark.
The second phase will also include the creation of VIP arrival space, new premium dining and retail outlets, a lobby transformation, and wellness experiences for guests.
The second phase will introduce over 550 redesigned rooms, including around 380 suites. Marina Bay Sands expects to complete development works in phases through 2025.