The acquisition again signals the tide where major OTAs are trying to gain more say over tour supply and customers’ experience as the industry remakes itself.
Chinese airlines are planning to increase the number of flights from major cities Beijing and Shanghai to Macau for the upcoming May holiday.
The hotel will thus become a multi-purpose living space, both traditional and new, and will be able to propose synergies between all its services.
Las Vegas Sands may use some of the proceeds from the recent sale of its Las Vegas assets to fund a further increase in its shareholding of Macau subsidiary Sands China Ltd.
Financial woes aside, the pandemic’s longer-term effects on aviation are emerging.
76% of travel advisers are seeing an increase in customers in 2021, compared to before the pandemic.
Genting Hong Kong has boosted its stake in Dream Cruises as part of a US$307 million deal aimed at keeping the global cruise ship operator afloat.
Singapore’s health ministry on Tuesday said it will ease border restrictions for those entering from Hong Kong.
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