Sands China has announced that it will postpone the opening of Londoner Macao. The internal renovation is almost complete, but the company wants to wait for the increase in the number of guests crossing the border of Macau.
The location’s soft opening schedule will be determined by the Individual Visit Scheme (IVS) numbers as soon as it is resumed. In addition, the initial planning provided for reopening in September.
Although neighboring Guangdong province has eased travel restrictions and removed the mandatory quarantine for travelers from Macau since mid-July, the number of visitors is still low.
This is because IVSs are not yet available and cases of the new coronavirus from Hong Kong have also created new limitations for city travelers.
Sands China President Wilfred Wong said: “Hotel occupancy is still low. Londoner Macao’s rooms and facilities will be ready in the third quarter. But this will not help boost the company’s performance, as the number of visitors remains at a level well below expectations ”.
A good launch is important for the company, as Sands China lost more than $ 500 million in the second quarter of this year. In addition, the company launched several activities to promote the casino, but said it only attracted a small amount of visitors.
It is worth noting that Londoner Macao was previously operating under the name of Sands Cotai Central. While its renovation cost about $ 2.2 billion. With the internal transformation almost complete, the planned changes to the external area of the site should be completed by next year.
About Sands China
Sands China Limited is a developer and operator of integrated resorts in Macau and a subsidiary of Las Vegas Sands Corp. Thus, business involves games areas, meeting space, convention and exhibition rooms, restaurants and entertainment venues.