City of Dreams

Melco leads Macau with the greatest number of stars attained in MICHELIN Guide Hong Kong & Macau 2024

Retrieved on: 
Thursday, March 14, 2024

MACAU, March 14, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by MICHELIN Guide Hong Kong & Macau 2024 with a collective total of eight MICHELIN stars across five restaurants located in its properties including City of Dreams, Studio City and Altira Macau. The result establishes Melco as Macau’s leader with the highest number of MICHELIN-stars achieved across its properties. City of Dreams’ Cantonese fine dining restaurant Jade Dragon maintains its top-tier Three MICHELIN-Star status for the sixth consecutive year. Alain Ducasse at Morpheus, paying homage to the great traditions and savoir-faire of French cuisine, continues to be honored with Two MICHELIN-stars for the sixth consecutive year, while Cantonese restaurants Pearl Dragon at Studio City and Ying at Altira Macau, and Japanese restaurant Sushi Kinetsu at City of Dreams each garner One MICHELIN-star.

Key Points: 
  • MACAU, March 14, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by MICHELIN Guide Hong Kong & Macau 2024 with a collective total of eight MICHELIN stars across five restaurants located in its properties including City of Dreams, Studio City and Altira Macau.
  • The result establishes Melco as Macau’s leader with the highest number of MICHELIN-stars achieved across its properties.
  • City of Dreams’ Cantonese fine dining restaurant Jade Dragon maintains its top-tier Three MICHELIN-Star status for the sixth consecutive year.
  • Mr. Lawrence Ho, Melco Chairman and Chief Executive Officer, said, “It is an honor to receive such a distinction from MICHELIN Guide Hong Kong & Macau.

Melco continues lead among integrated resorts in Asia with the greatest number of stars attained in 2024 Forbes Travel Guide

Retrieved on: 
Wednesday, February 7, 2024

MACAU, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s various hotels, restaurants and spas across its portfolio in Asia have been honored by 2024 Forbes Travel Guide (FTG), with the Company continuing its lead among integrated resorts in Asia with the greatest number of stars achieved.

Key Points: 
  • MACAU, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s various hotels, restaurants and spas across its portfolio in Asia have been honored by 2024 Forbes Travel Guide (FTG), with the Company continuing its lead among integrated resorts in Asia with the greatest number of stars achieved.
  • The renowned FTG star rating service and online travel guide bestowed Melco a total of 16 Five-Star awards across the Company’s properties which include City of Dreams, Studio City, Altira Macau and City of Dreams Manila.
  • Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco, said, “Thank you to FTG for this great honor.
  • The recognition underlines Melco’s ongoing commitment to providing guests with the most memorable world-class hospitality experiences across our global portfolio of integrated resorts.

Melco Announces Unaudited Third Quarter 2023 Earnings

Retrieved on: 
Tuesday, November 7, 2023

Melco generated Adjusted Property EBITDA(1) of US$280.6 million in the third quarter of 2023, compared with negative Adjusted Property EBITDA of US$34.9 million in the third quarter of 2022.

Key Points: 
  • Melco generated Adjusted Property EBITDA(1) of US$280.6 million in the third quarter of 2023, compared with negative Adjusted Property EBITDA of US$34.9 million in the third quarter of 2022.
  • Rolling chip volume was US$4.43 billion for the third quarter of 2023 versus US$332.2 million in the third quarter of 2022.
  • The rolling chip win rate was 2.48% in the third quarter of 2023 versus 4.53% in the third quarter of 2022.
  • The mass market table games hold percentage was 32.1% in the third quarter of 2023, compared with 28.6% in the third quarter of 2022.

Melco Announces Unaudited First Quarter 2023 Earnings

Retrieved on: 
Wednesday, May 10, 2023

Melco generated Adjusted Property EBITDA(1) of US$190.8 million in the first quarter of 2023, compared with Adjusted Property EBITDA of US$56.0 million in the first quarter of 2022.

Key Points: 
  • Melco generated Adjusted Property EBITDA(1) of US$190.8 million in the first quarter of 2023, compared with Adjusted Property EBITDA of US$56.0 million in the first quarter of 2022.
  • Adjusted Property EBITDA at City of Dreams Manila for the first quarter of 2023 surpassed that of the first quarter of 2019.
  • Rolling chip volume was US$4.04 billion for the first quarter of 2023 versus US$2.45 billion in the first quarter of 2022.
  • The rolling chip win rate was 2.41% in the first quarter of 2023 versus 3.93% in the first quarter of 2022.

Melco Announces Unaudited Fourth Quarter 2022 Earnings

Retrieved on: 
Wednesday, March 1, 2023

Melco generated negative Adjusted Property EBITDA(1) of US$6.8 million in the fourth quarter of 2022, compared with Adjusted Property EBITDA of US$94.0 million in the fourth quarter of 2021.

Key Points: 
  • Melco generated negative Adjusted Property EBITDA(1) of US$6.8 million in the fourth quarter of 2022, compared with Adjusted Property EBITDA of US$94.0 million in the fourth quarter of 2021.
  • Rolling chip volume was US$850.4 million for the fourth quarter of 2022 versus US$3.12 billion in the fourth quarter of 2021.
  • The rolling chip win rate was 4.47% in the fourth quarter of 2022 versus 1.68% in the fourth quarter of 2021.
  • The gaming machine win rate was 4.5% in the fourth quarter of 2022 versus 3.6% in the fourth quarter of 2021.

Melco garners 97 Stars in 2023 Forbes Travel Guide – maintaining lead among Macau and Asia’s integrated resorts

Retrieved on: 
Wednesday, February 15, 2023

MACAU, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been awarded a collective total of 97 Stars by 2023 Forbes Travel Guide (FTG), maintaining its lead among Macau and Asia’s integrated resorts.

Key Points: 
  • MACAU, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been awarded a collective total of 97 Stars by 2023 Forbes Travel Guide (FTG), maintaining its lead among Macau and Asia’s integrated resorts.
  • FTG honored Melco with a total of 17 Five-Star awards across the Company’s property portfolio that includes City of Dreams, Studio City, Altira Macau and City of Dreams Manila.
  • Markedly, Altira Macau celebrates its 14th successive year as FTG Five-Star award recipient across both Hotel and Spa categories.
  • Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco, said, "We thank FTG sincerely for the honors.

WARRIORS AND RAKUTEN ANNOUNCE PARTNERSHIP RENEWAL

Retrieved on: 
Monday, May 23, 2022

SAN FRANCISCO, May 23, 2022 /PRNewswire/ -- The Golden State Warriors and Rakuten Group, Inc. have renewed their historic multi-year partnership, maintaining Rakuten's status as official jersey badge partner of the Warriors.

Key Points: 
  • SAN FRANCISCO, May 23, 2022 /PRNewswire/ -- The Golden State Warriors and Rakuten Group, Inc. have renewed their historic multi-year partnership, maintaining Rakuten's status as official jersey badge partner of the Warriors.
  • "Since the inception of our momentous partnership, Rakuten has proven to be an incredible partner," said Warriors President and Chief Operating Officer, Brandon Schneider.
  • As we embark on the next phase of this partnership, we will continue to introduce and drive Warriors fans to utilize the Rakuten program to enhance their shopping experience.
  • Through the duration of the partnership, fans who are Rakuten members will be eligible for a minimum of 10% Cash Back on purchases of Warriors gear at the Warriors Shop.

Melco achieves top result in Macau with seven Michelin-stars honored by Michelin Guide Hong Kong Macau 2022

Retrieved on: 
Wednesday, January 19, 2022

MACAU, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by Michelin Guide Hong Kong Macau 2022 with seven-Michelin stars for four signature restaurants located across its properties City of Dreams, Studio City and Altira Macau.

Key Points: 
  • MACAU, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by Michelin Guide Hong Kong Macau 2022 with seven-Michelin stars for four signature restaurants located across its properties City of Dreams, Studio City and Altira Macau.
  • The Michelin Guide Hong Kong Macau 2022 Star Revelation ceremony took place today; awarding Melco restaurants with the following star ratings:
    Three Michelin-starred Cantonese restaurant Jade Dragon showcases exquisite culinary masterpieces created with the freshest seasonal ingredients and delectable delicacies.
  • With spectacular designer dcor and superlative personalized service, Jade Dragon sets the benchmark for fine dining in Macau.
  • The Company currently operates Altira Macau ( www.altiramacau.com ), an integrated resort located at Taipa, Macau and City of Dreams ( www.cityofdreamsmacau.com ), an integrated resort located in Cotai, Macau.

Melco honored 97 Stars by 2021 Forbes Travel Guide – leading among Macau & Asia’s integrated resort operators

Retrieved on: 
Tuesday, February 16, 2021

The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe.

Key Points: 
  • The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe.
  • The Company currently operates Altira Macau ( www.altiramacau.com ), an integrated resort located at Taipa, Macau and City of Dreams ( www.cityofdreamsmacau.com ), an integrated urban resort located in Cotai, Macau.
  • Its business also includes the Mocha Clubs ( www.mochaclubs.com ), which comprise the largest non-casino based operations of electronic gaming machines in Macau.
  • The Company also majority owns and operates Studio City ( www.studiocity-macau.com ), a cinematically-themed integrated resort in Cotai, Macau.

Studio City Phase 2 shortlisted for BREEAM Awards 2021

Retrieved on: 
Thursday, January 28, 2021

MACAU, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment announces Studio City Phase 2 has been shortlisted for the Regional Award, Asia at the BREEAM Awards 2021.

Key Points: 
  • MACAU, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment announces Studio City Phase 2 has been shortlisted for the Regional Award, Asia at the BREEAM Awards 2021.
  • The international BREEAM Awards is an annual celebration recognizing the people, projects and organizations who are leading the way with significant achievements in sustainable building design, development and management.
  • Melco currently holds BREEAM Excellent Ratings for the Design stage for both Studio City Phase 2 and City of Dreams Mediterranean in Cyprus, where Melco is developing Europes largest integrated resort by incorporating the very highest sustainability standards into its design.
  • The Company also majority owns and operates Studio City ( www.studiocity-macau.com ), a cinematically-themed integrated resort in Cotai, Macau.