Londoner Macao moving closer to completion
Owner welcomes mass footfall and increased spend in hotels, casinos and malls and looks forward to a busy summer as tourism industry revives.
Londoner Court, a 370-suite hotel that is part of the Londoner Macao in Cotai, is due to fully open by Golden Week in October, signalling further confidence in the tourism industry’s gradual recovery.
“We want to launch the hotel in phases – if patrons are coming in large numbers, we could launch it faster, if not, we could launch it at a slower pace,” said Wilfred Wong, president of Sands China Ltd (SCL) which owns the hotel.
Overall, based on the gradual recovery of its business and May Golden Week, Wong said that SCL is expecting “new heights” for the occupancy rates at its hotels in the city over the upcoming summer holiday.
Although the headcount was only a fraction of that of 2019, the gaming revenue this past holiday was much higher, he said.
“So each player plays more [due to the] the limited number of [trips]. In the past, you had a lot of tour groups. You had the headcount but you didn’t have the spending,” he noted.
“Basically everyone is looking at the premium mass and the mass market. I would say there is a very good recovery in the premium mass sector.”
Given Golden Week’s robust performance, Wong said that the foot traffic to casinos, hotels and retail outlets had been “terrific,” adding that the occupancy of The Londoner is among the highest of SCL’s properties.
“By summer, we will be installing many more attractions [at The Londoner] so people can take photos and engage in interactive moments. This is in the pipeline. We will install [them] probably in June and July,” said Wong.
Since the newest property is only opening in phases, Wong said that he expects to complete the whole construction of the Londoner by “December to January,” the Macau Daily Times reported.
“The last to be completed will be the façade and the arena of about 6,000 seats. […] but the other facilities will be completed before that,” he added.