📊 Topic

Integrated resort

2 stories · First covered Apr 21, 2026 · Latest Apr 26
Related: Revenue per available room (RevPAR) 1 Return on Invested Capital 1 Wynn Resorts 1 Marina Bay Sands 1 Stifel 1 UAE hotel market 1 Al Marjan Island 1 Gaming revenue 1 Geopolitical risk 1 Capital structure 1 The Venetian Macao 1 Las Vegas Sands Corporation 1
Integrated resort Coverage
Marina Bay Sands Just Posted the Greatest Quarter in Casino Hotel History. Here's Why That Should Worry You.
Operations
Apr 26

Marina Bay Sands Just Posted the Greatest Quarter in Casino Hotel History. Here's Why That Should Worry You.

Las Vegas Sands beat estimates with $3.59 billion in Q1 revenue and $788 million in EBITDA from a single property in Singapore. When one building generates that kind of number, the competitive implications ripple into every luxury and upper-upscale market on the planet.

MS
Mike Storm 3 min read · Apr 26
Wynn's $5.1B UAE Bet Survived a Drone Scare. The Real Risk Is in the Cap Rate.
Transactions
Apr 21

Wynn's $5.1B UAE Bet Survived a Drone Scare. The Real Risk Is in the Cap Rate.

Wynn resumed construction on its $5.1 billion Al Marjan Island casino after a brief pause for Iranian drone strikes, and analysts shrugged it off as "overblown." The 40% equity stake, 15-year exclusive license, and $3.3M per-key price tag tell a more complicated story about what this project needs to return.

JC
Jordan Chen 3 min read · Apr 21