MGM China CEO Kenneth Feng revealed at G2E Asia this week that the company’s premium suite products can generate “up to five times more” yield than a regular hotel room — offering a rare inside look into why Macau operators are aggressively converting hotel inventory into high-end suites.
The comments come as all six Macau concessionaires continue upgrading premium accommodation offerings, even as the city faces record tourism volumes and a reduction in overall hotel room inventory.
Genting Singapore has reported a challenging start to 2026, with net profit falling 55% year-on-year to SG$65.2 million (US$51.2 million) despite relatively stable overall revenue performance at Resorts World Sentosa.
Galaxy Entertainment Group delivered another strong quarter in Macau, posting resilient financial results despite management openly acknowledging that the group “played unlucky” during the period.
According to results released for the first quarter of 2026, Galaxy Entertainment Group (GEG) recorded net revenue of nearly HK$12.4 billion (US$1.58 billion), representing an 11% year-on-year increase, although revenue declined 10% sequentially from the previous quarter.
Philippines integrated resort operator Solaire Resort Entertainment City is doubling down on the premium mass gaming segment with the launch of two newly branded gaming facilities specifically designed for Mandarin- and Korean-speaking players.
Wynn Resorts delivered another strong quarter in Macau, with its subsidiary Wynn Macau Ltd reporting total operating revenues of US$989 million in 1Q26 — up 14.2% year-on-year and 2.2% higher sequentially versus the December 2025 quarter.
Author: Janice Chew • Wednesday, 13/05/2026
