Sands China will maintain its plans for the near future and promises to invest MOP 17.5 billion (US$2.2 billion) between this year and the next.
In an interview with the newspaper Macao Daily, the President of Sands China Ltd. pointed out that although the market is facing a period that is not good, the company has not slowed down the development of the “Londoner”, which should be open by the end of 2021. Sands China estimates that refurbishments may be completed in the second quarter of this year, offering an additional 590 hotel rooms.
Wilfred Wong said the company’s aim is to attract tourists to visit Macao on an ongoing basis.
At the same time, the work on the expansion project of the Four Seasons hotel has already been completed. The hotel now has 290 suites with an area between 2,000 and 4,700 square feet.
With regard to the tourist market, Wong pointed out that currently, the number of visitors corresponds to only 10 per cent of the usual. However, economic measures such as the e-consumption card have managed to increase this number to 20 per cent.
Regarding the future, Wong pointed out that Macao’s development is “a long-distance race”.
“We’re deeply touched by our employees. Everyone’s trying their best to restart the hotels. Our next step is to tell tourists that Macao is ready and safe for them again. We are fully prepared to make them feel at home.”