Not everyone is sinking in the current global economy. Some have even gotten lucky. Marina Bay Sands in Singapore is expected to be profitable from day one and the expected payback timeframe is between five and eight years, according to its general manager George Tanasijevich.
“Overall, we remain extremely optimistic about the prospects for Marina Bay Sands and the future of the tourism industry in Singapore with China, India, Indonesia, Malaysia and Thailand serving as key source countries for both the business and leisure tourist market,†Marina Bay Sands Pte Ltd general manager George Tanasijevich said. He said Singapore had proven to be resilient in challenging times. According to him, there is massive potential for integrated resorts in this part of the world, especially with demand from the booming markets of China and India.
Source: Malaysian Star
