Galaxy Macau is readying to commence construction on the resort’s third and 4th phases, however the multibillion-dollar expansion won’t add much square footage in terms of gaming space.
Billionaire Lui Che Woo says the next two expansions at Galaxy Macau will focus regarding the non-gaming guest.
In its 2016 report that is annual which had been filed just a week ago, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort based on the Cotai Strip. The company that is hong-Kong-based to commence construction on stage three in the late first quarter or very early second quarter of 2017.
Citing Macau’s ‘Tourism Industry Plan,’ which aims to help make the gambling town less reliant on gaming revenue in favor regarding the mass market, Galaxy claims its additions will be used for entertainment and outdoor recreation.
‘Galaxy Entertainment continues to move forward with Phases 3 and 4 . . . with virtually all floor areas assigned to non-gaming and primarily targeting MICE (meetings, incentives, conferences, and exhibitions),’ Galaxy Chairman Lui Che Woo stated in the report.
Galaxy Macau started in May of 2011 at a cost of HK$16.5 billion ($2.1 billion). The resort during the right time featured over 2,200 rooms across three hotels.
From its start, Galaxy Macau has been more focused on a wider demographic of guests compared to other companies committed to the location. […]