Category Archives: Sentosa Property

W Hotel slated to open in Sentosa Cove in 2011

IT IS confirmed: the trendy W Hotel chain will open its first Singapore premises in Sentosa Cove in 2011.

The 250-room hotel will be part of the Quayside Isle Collection, a mixed lifestyle development being built by City Developments (CDL) that will include homes, shops and restaurants.

Quayside’s 228 homes are said to be planned as W-brand residences – one of the first in South-east Asia, after the W Koh Samui Retreat and Residences in Thailand to be completed next year.

When contacted yesterday, CDL declined to comment.

But the Korea Herald yesterday reported that Ssangyong Engineering & Construction had won a 150 billion won (S$178 million) design-and-build project for a W Hotel in Singapore. Continue reading

Genting aims to attract 4.5m visitors annually with theme park

Genting Singapore Plc (GENS SP), the builder of one of two casino resorts, aims to attract about 4.5 million visitors a year when its Universal Studios theme park opens next year, the local press reported, citing Douglas Trueblood, general manager of sales and marketing for Universal Parks and Resorts.

Genting has not fixed ticket prices. Based on a Morgan Stanley estimate of S$70 per ticket, the reports said annual ticket sales may reach $315 million. Genting is trading at $1.12.

Source : The Edge – 21 Oct 2009