MACAU BUSINESS L


Gaming operators resort to business jets to bring foreign guests to Maca https://www.macaubusiness.com/gaming-operators-resort-to-business-jets-to-bring-foreign-guests-to-macau/


ocal gaming concessionaires are turning to private jet services in a bid to woo more overseas customers, operator of charter flights TAG Aviation Macau FBO said.


Since the SAR lifted Covid-related restrictions


in January, the gaming operators have become more proactive in expanding their customer base, with some of them seeking air charter


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elco’s property Studio City Phase 2 located in Cotai is expected to open in the second quarter of 2023, chairman and chief executive officer of Melco


International Development, Lawrence Ho Yau Lung, has said in a stock filing. The US$1.2-billion (MOP9.6 billion)


expansion of Studio City will boast two fresh


services to bring foreign guests to Macau, the general manager of the company, Rita Tam was quoted as saying by Chinese language newspaper Macao Daily. Meanwhile, other gaming concessionaires


have also actively been inquiring about the service, with details of their partnerships expected to be confirmed in April. The number of guests served by the company


Studio City Phase 2 to open in Q2


hotel towers of 920 rooms, including the ‘W Macau – Studio City’ of 557 guest rooms and suites, a six-screen Cineplex, a new gaming floor of more than 2,300 square metres, new 1,100 square metres of MICE space, and one of Asia’s largest indoor & outdoor water parks. According to Mr. Ho’s remarks, the first stage of its opening will feature one hotel tower and


The Londoner Arena to open in May https://www.macaubusiness.com/londoner-arena-to-open-in-may-wilfred-wong/


ands China’s newest property, The Londoner Macao, will open its brand-new Arena in May, the gaming operator’s President and Executive Director, Wilfred Wong, revealed at a


business lunch held by the British Chamber of Commerce in Macao. The “state-of-the-art” 6,000-seat arena, will


add to the casino concessionaire’s existing up-to 15,000-seat Cotai Arena at The Venetian Macao, signalling the company’s commitment to


providing an integrated entertainment package, Wong indicated, adding that between 2013 and 2019, Venetian was home to over 300 shows. “During 2019, every weekend, we had a major concert.” Wilfred Wong stressed the gaming operator’s


focus on a wide range of non-gaming projects to be developed during the 10-year concession, which started in January. The government’s requirements include a focus on bringing international visitors,


developing MICE, entertainment, holding major sports events, art and culture, health-based tourism, themed amusement attractions, city of gastronomy, community-based tourism, maritime tourism and high-tech. Among the total amount of investment pledged


by the six concessionaires – MOP118.8 billion – Sands China is leading the investment tally with a MOP30 billion commitment, 90 per cent of which will be earmarked for non-gaming undertakings.


Grand Lisboa Palace’s last hotel to open informally in April https://www.macaubusiness.com/grand-lisboa-palaces-last-hotel-to-open-informally-next-month/


JM Holdings will launch a soft opening for the last of the three hotels that make up its Cotai property – Grand Lisboa Palace sometime next month, its


chairwoman Daisy Ho told media. The gaming operator opened Grand Lisboa


Palace in July 2021, and The Karl Lagerfeld – the eponymous brainchild of the late German fashion legend – in December that year. Together with Palazzo Versace Macau – the first designed by a fashion house in Asia that


will open informally “around the end of April” – a tentative schedule according to Ho, the Cotai compound will have provided around 1,900 hotel rooms then. According to a number of brokerages, only


about 30 per cent of the rooms are now in service.


Legacy Entertainment preparing themed park projects tailored for Macau https://www.macaubusiness.com/556517-2/


heme park entertainment group Legacy Entertainment is currently developing several Theme Park, Water Park, and attraction products explicitly tailored for the Macau market.


The US-based group – previously known as


Goddard Group – was responsible for the design of the Chimelong Marine Science Park in Hengqin,


22 MAY 2023


Legacy Entertainment announced recently it will develop a 30,000 square meters indoor theme park “for one of the city’s largest integrated resorts”. The company has designed and developed


themed attractions for clients such as Cirque du Soleil, Universal Studios, Six Flags, Insomniac Events, Haichang Polar


Ocean World, Lotte World, and Macau’s gaming concessionaires, Galaxy Entertainment Group, and Melco Resorts & Entertainment. The Legacy team has been involved as


leading design consultants for both Galaxy Macau, which opened in 2011, as well as Studio City Macau, which debuted in 2015.


an indoor water park, while the second phase is scheduled for the third quarter of the year. In a stock filing sent to the Hong Kong


Exchange Melco announced that its operating revenues for the fourth quarter of 2022 were US$337.1 million, representing a decrease of 30 per cent from US$480.6 million reported in the same period in 2021.


in the first two months of 2023, edged closer to 2019 levels, Tam noted, adding that they are confident that the business jet market in Macau will recover to over 50 per cent of 2019 levels within the year. In 2019, a total of 2,768 flights by business jet


were handled at the Macau International Airport, an increase of 350 per cent compared to 781 recorded in 2007.


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