Investimentos (ver outras entradas, tambem atualizadas por erro)

fev26 WYNN

Wynn Macau has managed to secure government approval to unveil the expanded section of its highest-tier lounge at Wynn Palace catering to the premium mass market.

The latest development surrounding Chairman’s Club is according to its recent earnings call where management painted a sanguine picture for the Chinese New Year next week.

EBITDAR for Q4 last year was down 7.5 per cent year over year to US$271 million (MOP2.2 billion).

This figure missed brokerage J.P. Morgan’s projection of US$290 million to US$300 million.

The shortfall was attributed to “weak VIP luck”, which resulted in a loss of US$16 million.

However, when adjusted for hold, EBITDAR would have been US$287 million, up 2 per cent from a year earlier, analysts DS Kim, Selina Li, and Lindsey Qian wrote on Friday, noting that it was actually stable and in line with their estimate of US$285 million.

“While management doesn’t adjust for mass holds, we note mass holds were unusually low at 19.6% (vs. ~21% in the past two years), also weighing on margins,” the analysts wrote in their further explanation for reduced profitability.

https://macaubusiness.com/wynn-palace-lounge-expansion-approved-amid-earnings-shortfall/

 jan26

A single Cotai hotel project accounted for 2,724 guest rooms being built in that district last year, and three further Cotai schemes are at the “design” stage, according to an update from Macau’s Bureau of Land Services and Urban Construction.

The statement didn’t identify any of the projects by name, but Cotai is predominantly a district for large-scale casino resorts.

In terms of new hotel product ready-for-market in 2025, the Capella at Galaxy Macau with 36 villas and 57 “jungle-themed” suites, had a soft launch in May at Galaxy Macau, according to the resort’s operator Galaxy Entertainment Group Ltd. A November note from brokerage Jefferies, citing the casino group, said Phase 4 of Galaxy Macau, would “feature luxury hotels” with about “1,500 rooms”.

The 2,724 Cotai rooms mentioned by the Macau government in its Monday update, involved a gross construction area of 116,743 square metres (1.26 million sq.feet). It was the only Macau hotel project built in 2025, the data indicate.

https://www.ggrasia.com/about-2700-cotai-hotel-rooms-built-in-2025-with-432-more-for-that-district-in-design-stage-govt?utm_source=rss&utm_medium=rss&utm_campaign=about-2700-cotai-hotel-rooms-built-in-2025-with-432-more-for-that-district-in-design-stage-govt