Despite Covid-mandated travel restrictions, the number of new hotels will continue to expand in 2021 with 820 hotel projects and 190,332 rooms due to go live in the Asia Pacific region.
Galaxy Entertainment Group has signed an accord with Accor to bring storied hotel brand, Raffles, to Macau with the opening of an exclusive all-suite tower, Raffles at Galaxy Macau in the second half of 2021.
Thai hotel chain, Dusit Thani, has opened its first hotel in Singapore and said that there is strong local demand for "staycations" to support the property while borders are closed.
Hyatt Hotels and Genting Americas are planning a new 400-room, four-star hotel to be located at Resorts World New York City. The hotel is scheduled to open in 2021.
Universal Entertainment has confirmed its Okada Manila property will reopen at 30 percent of its capacity of table and machine games.
Centara Hotels & Resorts says it has signed three hotel management agreements for Myanmar, one of which will include a casino.
Genting Singapore is seeking to cut costs by about 20 percent to 30 percent after suffering its worst quarterly loss since it opened Resorts World Sentosa.
Genting Malaysia has seen reasonable growth in visitation since it began reopening on June 15 and Resorts World Genting has doubled its number of available rooms, according a research report from CGS-CIMB.
The Statistics and Census Service (DSEC) has confirmed the dire state of the hotel industry in Macau, noting that the Covid-19 impacts reduced the...
Casino shares in the U.S. surged on Thursday on the expectation the U.S. government will provide assistance to the sector as part of its economic stimulus efforts.