Singapore’s Marina Bay Sands (MBS) has commenced the second phase of
its extensive reinvestment programme, focusing on Tower 3, the lobby,
and Sands SkyPark.
With an estimated cost of US$750 million, this phase aims to revamp
the VIP arrival experience, introduce new premium dining and retail
options, transform the lobby, and enhance wellness offerings. Over 550
redesigned rooms, including 380 suites, will be unveiled in phases until
2025. The first phase, a US$1 billion investment, revitalised Hotel
Towers 1 and 2 with 1,280 upgraded rooms.
In addition to physical enhancements, MBS is investing in staff
development. The in-house Butler Academy trains butlers, and staff have
undergone Forbes Travel Guide Five Star training since October 2023. The
Premium Services Team expands its deployment to the airport, while new
uniforms complement the property's luxury positioning.
Upon completion, the fourth tower will feature a live performance arena seating at least 15,000 spectators, along with expanded MICE capacity.
Meanwhile, MBS has also secured approval to construct a fourth tower,
which was part of an initial announcement made in April 2019 with
intentions to house 1,000 all-suite rooms. However, the latest approval
indicates a reduction in room keys to 587 rooms and 153,100 sqm of hotel
space, along with 12,185 sqm of retail space.
The fourth tower aims to boost leisure and business tourism appeal,
featuring an all-suite configuration, a live performance arena, MICE
capacity, luxury retail offerings, and a sky roof with tourist
attractions.
As of 24 January, parent company Las Vegas Sands disclosed that the
budget for the MBS expansion may exceed the initial estimate of US$3.3
billion due to inflation, pandemic-related factors, and increased labour
and material costs. The development agreement granted MBS an extension
until 8 April 2024, to commence construction, with a deadline for
completion set for 8 April 2028.