Genting Berhad is on track to open the 'Resorts World at Sentosa' in Singapore by early January 2010, said its chairman and chief executive Lim Kok Thay. Bernama news agency quoted Mr Lim as saying the project, which cost S$6.6 billion, would attract 12 to 13 million visitors in the first full year of operation. "Construction is going on smoothly. We are targeting to open it by early January 2010," he...
Resorts World Sentosa
Island resort Sentosa will soon be home to the world’s tallest duel roller-coaster ride and movie stars such as Marilyn Monroe, Shrek and the motley mob of Alex, Marty, Melman and Gloria last spotted in Madagascar,the movie. The Universal Studios theme-park which will be housed on the 49 hectares Resorts World at Sentosa, revealed Tuesday its two dozen attractions, including 18 rides and attractions...
The integrated resort at Sentosa is expected to open early next year, but it is already planning to stage its first event ahead of the soft launch. Resorts World at Sentosa has teamed up with children's charity ChildAid to host its fifth concert at the Festive Grand Theatre in December. Organisers have yet to confirm the budget for the three-day event, but the IR has already pledged to donate some...
Resorts World at Sentosa has cut its visitor arrivals forecast to 13 million visitors during its first year of operations, down from an earlier estimate of 15 million, due to the global financial meltdown. The operator is also projecting a lowered 13 per cent internal rate of return for the integrated resort. The resort is still very much a work in progress, but Resorts World at Sentosa said it expects...
Resorts World at Sentosa will top out its first hotel, Maxims Tower, by the end of this month. The structural completion of the 11-storey hotel marks yet another major milestone in the development of the integrated resort, which remains on track for a soft opening in the first quarter of 2010. Maxims Tower will open with three other hotels - Hotel Michael, Festive Hotel and Hard Rock Hotel - as well as...
Genting International is warning that its Sentosa integrated resort development could cost almost S$600m more than expected. Its total investment is expected to increase from S$6 billion to S$6.59 billion. And the firm warned that these hefty opening costs would have a "significant" impact on its earnings this year. Genting said that over the past year, changes have been made to the design and...