LESS than a year after Marina Bay Sands (MBS) opened its doors,
its bosses are already thinking of expanding if given the
opportunity.
'We are already running out of meetings, incentives, conventions
and exhibitions (Mice) space,' said Mr Sheldon Adelson, chairman of
parent company Las Vegas Sands (LVS).
'I've told the Government that we need some more land to expand
the Mice space...if they want to give me ten times more land, I
won't turn it down.'
He was speaking on Thursday at a press conference before the
grand opening of the integrated resort (IR). It had its soft launch
last April.
LAs Vegas Sands' chief operating officer Michael Leven told the
media that Singapore will need more hotel rooms to accommodate the
17 million annual visitors it aims to attract by 2015.
'Demand is going to be higher than supply very shortly as the
entire hospitality industry is running at over 80 per cent
occupancy,' said Mr Leven, who is eyeing two plots in the Marina
Bay area for hospitality developments.
-- ST