Macau has recently witnessed resumption in construction activities which halted after the onset of the global financial crisis in October 2008, and the balance of developments has shifted towards the Cotai area.

The 800-key Grand Hyatt, located within the City of Dreams, was the latest addition to the market.

In addition, Las Vegas Sands Corp is scheduled to open its 6,000-key mega resort in mid-2011 after its recent IPO while Galaxy Entertainment has set an opening date of first quarter 2011 for its three hotels, totalling 2,200 rooms, in the Cotai area.

It was reported that the influx of hotels is likely to increase the number of rooms in Macau by 42% to 26,884 rooms over the next two years.

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