Genting Singapore has disclosed plans to invest a substantial SG$6.8 billion (US$5 billion) in the expansion of Resorts World Sentosa (RWS), its integrated resort and casino in Singapore. This significant increase from the initially planned SG$4.5 billion (US$2.9 billion) investment in 2019 reflects the company’s confidence in firmly establishing RWS as a premier tourism destination in Asia.
Expansion Details:
The Board of Directors at Genting Singapore has approved the SG$6.8 billion investment, which will be funded through internal resources. The expansion project, already provisionally approved by the government, will feature the addition of 700 new hotel rooms and experiential lifestyle content. The latter will be presented in a captivating blend of biophilic architecture designed by the acclaimed firm Benoy. Additionally, a striking waterfront sculpture designed by Heatherwick Studio will grace the landscape, creating a monumental gateway to RWS and the new Greater Southern Waterfront precinct.
Strategic Impact:
Genting Singapore expressed confidence that this substantial investment will position RWS as the most sought-after tourism destination in Asia, contributing to the group’s robust future growth. The expansion aligns with the company’s strategic vision to enhance the resort’s offerings and solidify its standing in the competitive regional market.
Ongoing Upgrade Works:
Parallel to the expansion plans, upgrade works are already in progress at Resorts World Sentosa. Transformation efforts include the Forum, Minion Land in Universal Studios Singapore, and the Singapore Oceanarium, all anticipated to soft open in early 2025. Additionally, the company is upgrading approximately 1,200 hotel rooms across three hotels: Hard Rock Hotel Singapore, Hotel Michael, and Festive Hotel.
Genting Singapore’s substantial investment underscores its commitment to elevating Resorts World Sentosa to new heights of excellence. The strategic expansion and upgrade initiatives align with the company’s vision to create a world-class destination, further contributing to the vibrant tourism landscape of Singapore. As the project unfolds, Resorts World Sentosa is poised to redefine the hospitality and entertainment experience, setting new standards in the Asia-Pacific region.