King Power close to securing Venetian Macau retail deal

Gavin Lipsith

31-Aug-2006

MACAU. King Power Group (Hong Kong) has confirmed that it is close to finalising a deal for several outlets in the new Venetian Macau hotel, due to open on the island's Cotai Strip later this year

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King Power managing director duty-free and travel-retail Sunil Tuli told DFNI that the group was in the final stages of negotiations with hotel developer Las Vegas Sands Corp, and that

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(14-Aug-2006) - The Hong Kong retailer is set to stake its place in Macau's rapidly emerging hotel duty-free and luxury retail market with several outlets at the Cotai Strip's anchor hotel
(19-Dec-2007) - The outlet at the Venetian Macau Resort Hotel is the third Vertu outlet operated by the retailer in the region
(12-Jan-2007) - The group has opened a luxury boutique for the brand at Macau’s Mandarin Oriental hotel
(15-Feb-2007) - While Macau’s tourism growth has been fuelled by the development of gambling resorts, retail revenues will become an integral part of tourism spend
(19-Jul-2003) - HONG KONG/ MACAU. Sky Connection has been awarded the contract to operate the duty-free concession in the Hong Kong?Macau ferry terminal and in the China-bound ferry terminals at Tsim Sha Tsui in Hong Kong.