SJM’s designer label property, which was entirely designed by the late German fashion icon, raises the stakes in Cotai.
Grand Lisboa Palace
CEO Ambrose So hails summer opening of Grand Lisboa Palace and significant improvement in operating results.
Modest results announced days after Macao’s oldest gaming company opens US$5 billion Grand Lisboa Palace on Cotai.
While set to be the jewel in SJM’s crown, many of the US$5 billion integrated resort’s facilities and its trophy accommodation have yet to open.
The long-awaited Grand Lisboa Palace, SJM’s first property on Cotai, will be partially opening with 300 rooms in one of the towers on 30 July.
From a grand buffet to Taiwanese hotpot to Portuguese delicacies, all tastes are catered for at SJM’s newest hotel, which is due to open soon.
Gaming operator takes a hit, but remains determined about new super-luxury hotel opening and prospects for 2021.
The group’s three Lisboa resorts form the mainstay of a roadshow broadcasting the message that Macao is a safe destination for tourists.
Macao’s oldest gaming operator takes a massive hit, but remains optimistic and aims to open Grand Lisboa Palace by mid-year.