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Las Vegas Sands To Spend $8 Billion to Expand MBS Resort in Singapore

October 25, 2024

SINGAPORE (Reuters) - Casino operator Las Vegas Sands plans to invest $8 billion in Singapore to expand its Marina Bay Sands resort, a major bet by the Nevada-based firm on the city-state's tourism market. The project, dubbed IR2, is to build a fourth hotel tower that will include 570 luxury suites, gaming areas, a 15,000-seat arena, rooftop pools, food and beverage offerings and 110,000 square feet of space for exhibitions and conferences, the company said during its earnings presentation earlier this week. "When IR2 is open ... that arena is going to be an incredibly powerful tourism driver for the overall complex," LVS Chief Operatin...

21 Carpenter Unveils Its Transformation of Former Remittance House in Singapore

December 22, 2023

Singapore, 22 December 2023 – Heritage hotel 21 Carpenter officially opened its doors to guests on 6 December 2023. The former remittance house — hailed as the birthplace of banking in Singapore — offers guests a blend of heritage and modernity after a contemporary update by architectural firm WOHA. Located between Clarke Quay and Boat Quay, 21 Carpenter boasts central accessibility, allowing guests to immerse themselves in the bustling streets of Singapore’s CBD and Chinatown. "At 21 Carpenter, we aspire to be more than just a place to rest; we're an invitation to step into Singapore's rich stories. Our thoughtful design preserv...

In Focus: Singapore

Peggy Lee | April 16, 2021

By Peggy Lee, Chariss Kok Xin, Hok Yean CHEE Key Highlights in 2020 The Republic of Singapore is a metropolitan city-state and island country in Southeast Asia with a total land area of an estimated 714.3 square kilometres. It is situated at the southern tip of the Malayan Peninsula, between Malaysia and Indonesia. With an economy supported by its growing population of approximately 5.7 million people, Singapore has witnessed remarkable record of sustained economic growth throughout the years and bolsters its role as a global commerce, finance and transportation hub. Source: Unsplash Due to the impact of the Covid-19 pandemic, Singa...

HVS In Focus: Singapore, Preparing for a Smart Future

Kyu Baek Kim | March 29, 2018

By Kyu Baek Kim and Hok Yean CHEE The Republic of Singapore is a metropolitan city-state and island country in Southeast Asia with a total land area of 714.3 square kilometres. It is situated at the southern tip of the Malayan Peninsula, between Malaysia and Indonesia. With an economy supported by its growing population of approximately 5.6 million, Singapore rose as an economy in the latter half of the 20th century and today serves as a global commerce, finance, and transportation hub. According to the World Travel & Tourism Council (WTTC), the direct and total contribution of Travel & Tourism to Singapore's Gross Domestic Prod...

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