Posted on: December 18, 2023, 01:07h.
Last updated on: December 18, 2023, 01:25h.
Galaxy Entertainment Group last week formally opened the third phase of Galaxy Macau, the company’s namesake integrated resort complex on the Cotai Strip.
On December 13, Hong Kong-based Galaxy Entertainment held a grand opening ceremony for the destination’s newest amenities arriving through phase three. The expansion is highlighted by the 430,000-square-foot Galaxy International Convention Center and the Galaxy Arena, which has capacity for 16,000 seated guests.
Two new hotel offerings, the Andaz Macau and Raffles at Galaxy Macau, add another 1,100 guestrooms and suites.
Dr. Lui Che Woo, the billionaire who founded Galaxy in 2005 and who retains majority control of the publicly traded entity, hinted during the phase three opening event that more projects tethered to the expansion stage are still to be announced.
Lui told Inside Asian Gaming that Galaxy Macau’s third expansion phase will include the opening of a boutique hotel. Lui said he hopes to partner with another luxury-oriented hotel brand that has global name recognition.
This is a specialty hotel, with no more than 100 rooms,” Lui revealed. “The positioning is hopefully for high-end customers, and the hotel brand is world-renowned.”
Lui said more details will be forthcoming.
If Galaxy Entertainment follows through on Lui’s comments, the boutique hotel will mark the 10th hotel concept at Galaxy Macau. The property’s current hotel brands, in addition to Andaz and Raffles, include StarWorld, The Ritz-Carlton, JW Marriott, and Banyan Tree. Lui expects the 10th hotel to be completed in 2024.
“We will introduce the new project to the public when the time is right,” Lui concluded.
Galaxy Macau opened on the Cotai Strip in 2011 with indoor space measuring approximately 5.9 million square feet. Along with its nine hotels, Galaxy Macau features nearly 400,000 square feet of gaming space with 650 table games and 1,500 slots.
The resort offers 120 dining options ranging from Michelin-starred dining to grab-and-go outlets. The complex’s Promenade Shops has over one million square feet of retail shopping.
In addition to Galaxy Macau, Galaxy Entertainment owns and operates the StarWorld Hotel and Waldo Casino & Hotel downtown on the Macau Peninsula. Galaxy also owns and runs Broadway Macau, a hotel and popular dining and entertainment corridor on the Cotai Strip near Galaxy Macau.
Phase 4 Focus
Last year, Galaxy Entertainment agreed to further commit $3.4 billion in nongaming investments to its Macau resorts in exchange for a new 10-year gaming license. Galaxy retains the second-biggest gaming market share in Macau behind only Sands.
A statement from Galaxy Entertainment said the fourth phase of Galaxy Macau will include a new integrated resort with multiple high-end hotel brands, extensive food and beverage outlets, shopping, and other nongaming amenities like a water resort and a high-tech amusement park. The destination will additionally include a 4,000-seat international music and performing arts center “to invigorate the local arts and cultural scene.”
“Committed to its core values and supportive of the Macau SAR Government’s policies, with the unity and support of team members and the community, Galaxy Entertainment Group will continue to promote Macau’s positioning as a ‘World Center of Tourism and Leisure,’” the company statement read.
Galaxy added that the company remains committed to China and Macau’s “One Country, Two Systems” policy arrangement.