Singapore’s Marina Bay Sands (MBS) has begun a major renovation of its existing infrastructure, in addition to its expansion project that is now expected to be completed in 2026, one year after the original projection of 2025.
The US$1 billion reinvestment will span hotel rooms and suites, new F&B offerings and other enhancements to the integrated resort – the biggest upgrade expenditure to be made since the integrated resort’s opening in 2010. Works will be completed in phases over 2022 and 2023, transforming the design and significantly elevating the hospitality experience in the luxury travel segment, which is predicted to lead the tourism recovery.
According to a press statement, the renovation investment demonstrates parent company Las Vegas Sands’ confidence in Singapore and ongoing commitment to the country’s tourism industry.
“We are firmly of the view that Asia will continue to lead as a primary driver of growth in travel, and Singapore will remain a top destination of choice. Our reinvestment as well as our planned multi-billion-dollar expansion that we announced in 2019 represent a further demonstration of our long-term support for Singapore. It reaffirms our confidence in the future and our commitment to offering industry-leading luxury products and hospitality experiences to our guests,” said Robert G Goldstein, Las Vegas Sands’ chairman and CEO.
The renewed features across the property will be joined by new hardware from the expansion project, such as a performance arena, a fourth tower featuring about 1,000 hotel rooms, a sky roof with a swimming pool and a restaurant, as well as new ballrooms, exhibition halls and luxury retailers.