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Benzinga
Benzinga
Business
Shivani Kumaresan

Melco Partners With Marriott To Develop W Hotel In Macau

  • Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) has entered into a strategic partnership with Marriott International Inc (NASDAQ:MAR) to bring the W Hotels Worldwide brand to Studio City Phase 2 in Macau.
  • W Macau - Studio City is scheduled to be open together with Studio City Phase 2 in December 2022.
  • The hotel will feature 557 guestrooms, including 127 suites and wellness facilities, a spa, fitness center, and indoor swimming pool.
  • Studio City's hospitality offerings include indoor & outdoor water parks, a six-screen Cineplex, residency shows, and state-of-the-art MICE space.
  • Price Action: MLCO shares closed higher by 9.99% at $9.91 on Tuesday.
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