The latest luxury shopping destination in Macau, Sands Plaza, has made its grand debut.

By the MOOK Scenic Spots Family Travel Network Editorial Team

 

Stephen S. Shih, Senior Vice President of Retail for Las Vegas Sands Corp., stated, “We are delighted to see the upcoming grand opening of Phase III of Sands Plaza, marking a new milestone for the company. The three malls operated by the Group in Macau each have unique themes and have achieved double-digit growth over the past few years. The recently announced mid-year performance results were also very positive. The continuous expansion and sustained growth of our business in Macau prove that our development strategy is highly effective. We will continue to seek new opportunities and remain committed to serving our valued retail customers.”

In the first half of 2014, Sands Retail’s retail sales in Macau increased to USD 1.25 billion, up 21% year-on-year, while Sands Plaza’s sales rose 28% to USD 149 million. In 2013, Sands Retail’s annual sales in Macau exceeded USD 2 billion, with nearly 12% coming from Sands Plaza.

Sands Plaza opened in 2012 as the first shopping center in Macau specifically designed for family guests.Sands Plaza enjoys a prime location, spanning the Holiday Inn, Sheraton, and Conrad hotels, and features an air-conditioned corridor connecting to the luxury shopping destination Four Seasons Mall and the high-end street fashion-focused The Venetian Macao. It offers customers a comfortable and premium shopping experience. The plaza also features the all-access food court “Food Forum,” with 23 dining outlets serving a variety of international cuisines. Macau’s largest interactive indoor theme park, Planet J, is set to open in Phase III in 2015, adding further appeal to the stylish, family-oriented Sands Plaza.