Singapore’s Resorts World Sentosa will not affect tourist arrivals in Malaysia

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KUALA LUMPUR: The opening of the Resorts World Sentosa, Singapore’s first integrated resort, will not affect tourist arrivals in Malaysia.“We will grow and will not be canabalised because the pie will grow. More visitors will come especially if the economy recovers.

“So, the important thing is to make it a more complete experience,” Genting Group chairman Tan Sri Lim Kok Thay told reporters after the launch of the group’s 45th anniversary logo here yesterday.

Genting Singapore PLC, a subsidiary of Genting Bhd, will open four hotels today under the first phase of the US$4.4 billion casino-resort in Singapore.

The Festive Hotel, Hard Rock Hotel Singapore, Hotel Michael and Crockford Tower will offer a total of 1,350 rooms and 10 restaurants.

They are expected to enjoy an occupancy rate of above 80 per cent.

Meanwhile, Singapore’s first legal casino and Universal Studios theme park will open to the public as soon as the group obtains licences from the Singapore government.

“It (the resorts) is ready to open and we are now waiting for the licences (casino and theme park) to be issued. “As soon as it issued, we will open,” Lim said. — Bernama