
According to Genting Group, the opening of Resorts World Sentosa in Singapore is unlikely to affect tourist arrivals to Malaysia as ‘the pie is expected to grow'.
Currently, Genting Group has opened four hotels within the integrated resort and injected a total of 1,350 rooms into the Singapore hotel market.
Its remaining two hotel projects, the Equarius Hotel and Spa Villas, are scheduled to commence operations by middle of 2011.
In addition, Genting Group has also partnered with New York-listed Simon Property Group in the development of a mixed-use project comprising theme parks, hotels and premium outlets within the Iskandar Malaysia, in the neighbouring state of Johor, Malaysia.
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