LAS VEGAS, Sept. 6, 2022— Las Vegas Sands ( NYSE: LVS) and Marina Bay Sands have established a $1 million scholarship program that will help build a pipeline of new talent for the hospitality industry in Singapore through Sands Cares, the company’s community engagement program. The scholarship initiative is designed to advance hospitality careers in Singapore to capitalize on the tremendous tourism growth projected over the coming years.
The Sands Hospitality Scholarship Program will benefit more than 100 Singaporean students pursuing hospitality or tourism-related courses of study at six Institutes of Higher Learning (IHLs) including Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic, Temasek Polytechnic and the Singapore Institute of Technology in Singapore.
The program kicks off in 2023 and aims to encourage more of the region’s brightest talent to consider a career in the hospitality industry, while building on the longstanding commitment by Sands and Marina Bay Sands to support Singapore’s economic and tourism goals.
The Sands Hospitality Scholarship Program complements a variety of Sands Cares efforts to support hospitality industry workforce development. Other hospitality education initiatives span contributions to higher education institutions, additional scholarship programs, on-property and industry-supported training opportunities for students and hospitality professionals, and mentorship support from company representatives.
“The hospitality industry’s greatest asset lies in its people, and developing hospitality talent is especially important as the sector undergoes rapid transformation,” said Ron Reese, senior vice president of global communications and corporate affairs, who spearheads corporate responsibility initiatives at Sands. “Singapore’s resilient tourism industry is expected to grow robustly with international travel resuming. By investing in education to help youth establish careers in hospitality, we are supporting the future of our industry and Singapore’s continued leadership as a top global travel destination.”
The Sands Hospitality Scholarship Program joins other corporate-supported Sands Cares initiatives in Singapore, which include the Sands Cares Accelerator, a program that assists nonprofit organizations in expanding their reach and driving deeper impact, and the Sands Cares Hygiene Kit Build with Clean the World and the Sands Cares Food Kit Build, both aimed at supporting people facing hardship in Sands’ local communities. To learn more about Sands Cares, please visit https://www.sands.com/responsibility/communities/#our-program-sands-cares.
