Genting Singapore—controlled by Malaysian billionaire Lim Kok Thay—is expanding the hotel capacity at its casino resort by more than 40% to tap into the post-pandemic tourism that has driven hotel room rates in the Lion City to record levels this year.
Resorts World Sentosa (RWS), a wholly owned subsidiary of Genting Singapore, has received a provisional permit from the Urban Redevelopment Authority to build a 700 new hotel rooms as well as a retail space with a gross floor area of 21,243 square meters, according to a list of projects approved by the URA in the third quarter.
There are five hotels with over 1,600 rooms at RWS, which is currently undergoing a S$4.5 billion ($3.3 billion) makeover to refresh non-gaming attractions at the casino resort, which also operates the Universal Studios theme park and the SEA Aquarium, which features some 100,000 marine animals.
