Marina Bay Sands Sets Forth Its US$1 Billion Reinvestment Plans

Marina Bay Sands has embarked on a US$1 billion reinvestment programme to significantly elevate its luxury lifestyle offerings

A US$1 billion reinvestment programme has commenced at Marina Bay Sands, reaffirming Las Vegas Sands’ confidence in Singapore and its ongoing commitment to the country’s tourism industry. A key goal of the programme is to raise the hospitality experience in the luxury travel segment, while offering new luxury lifestyle amenities for high-value travellers, which is predicted to lead the tourism recovery.

Spanning new food and beverage offerings and other enhancements, the reinvestment also encompasses extensive upgrading of all rooms and suites in Towers 1 and 2 of the Hotel that will be completed in phases over 2022 and 2023. Marina Bay Sands will also be introducing signature experiences across the 55th  floor of all three hotel towers, including a revamped Executive Club Lounge, premium fine dining, and health and wellness offerings.

The latest reinvestment programme is the biggest since the IR’s opening in 2010 and is in addition to the multibillion-dollar expansion announced in April 2019, which will include a state-of-the-art entertainment arena, an ultra-luxury hotel tower and new MICE space.

The reinvestment announcement comes as Marina Bay Sands enters its second decade of operations following its 10th anniversary in 2020. Since opening in 2010 at a development cost of US$5.6 billion, Marina Bay Sands has provided significant benefits to Singapore’s tourism sector, with over 380 million visitors to the property and helping to attract more than 1,000 all-new MICE events to the country.