Not everyone is sinking in the current global economy.
Some have even gotten lucky.
According to the Malaysian Star, 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 GM 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 added said Singapore had proven to be resilient in challenging times and 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.
A Report by The Mole
