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MBS to reinvest US$1 bil to transform luxury travel and hospitality experience

Samantha Chiew
Samantha Chiew2/8/2022 10:51 AM GMT+08  • 2 min read
MBS to reinvest US$1 bil to transform luxury travel and hospitality experience
MBS is reinvesting US$1 bil to transform its IR, while it waits out the pandemic.
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The Covid-19 pandemic has already gone on for more than two years and although people are already getting used to the new norm and daily routines are somewhat back to normal, but the hospitality industry is still suffering from the lack of tourism.

For local integrated resort (IR) Marina Bay Sands (MBS), it is determined to not just wait around for things to get better. MBS is embarking on a major reinvestment programme for its existing property, spanning hotel rooms and suites, new food and beverage (F&B) offerings and other enhancements that will position the IR for strong growth as the recovery of global tourism continues.

It will be reinvesting some US$1 billion ($1.34 billion) into the IR, the biggest since its opening in 2010. This demonstrates parent company Las Vegas Sands’ confidence in Singapore and ongoing commitment to the country’s tourism industry.

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