StockNews.AI
MLCO
StockNews.AI
188 days

Melco leads with the most Five-Star awards in Macau and Asia in the 2025 Forbes Travel Guide

1. Melco Resorts received three new Five-Star awards from Forbes Travel Guide. 2. Melco holds a record 107 Five-Star awards across Asia, enhancing brand prestige. 3. Chairman Lawrence Ho emphasizes commitment to luxury hospitality and guest experience. 4. Increased recognition may boost customer loyalty and drive bookings in 2025.

6m saved
Insight
Article

FAQ

Why Bullish?

The awards enhance Melco's reputation, potentially driving up demand and profitability. Historical patterns show that such recognitions often lead to stock price increases in hospitality firms.

How important is it?

The article's focus on Melco's awards and recognition is highly relevant to its market perception. Such distinctions directly influence customer decisions and can lead to financial gains.

Why Short Term?

The immediate recognition can lead to increased bookings and sales. Historical data suggests that awards correlate with short-term stock performance improvement post-announcement.

Related Companies

MLCO
MACAU, Feb. 12, 2025 (GLOBE NEWSWIRE) --  Melco Resorts & Entertainment announces its achievements in the newly released 2025 Forbes Travel Guide (FTG), further excelling this year in its lead among integrated resorts in Asia and topping the competition across all of Macau. With three new FTG Five-Star awards granted to Melco across the Hotel, Restaurant and Spa categories, including for Studio City’s Epic Tower, The Spa at Epic Tower and Altira Macau’s Aurora restaurant, the Company has attained the most Five-Star awards in Macau and Asia with a record total of 107 stars. Mr. Lawrence Ho, Chairman & CEO of Melco, said, “It is an honor to be recognized once again by FTG. We are thrilled to receive three new Five-Star awards across our hotels, restaurants and spas this year, highlighting our dedication to creating integrated resorts that offer superlative design, operation and guest experience. We are excited to welcome new and returning guests at our properties in Asia and Europe in the year ahead, as we continue to and enhance our luxury hospitality and entertainment offerings across Melco’s portfolio.” The 19 Five-Star awards presented to Melco properties and facilities in 2025 FTG include: HotelsRestaurantsSpasMorpheus, City of Dreams MacauAlain Ducasse at Morpheus, Morpheus, City of Dreams MacauMorpheus Spa, City of Dreams MacauNüwa, City of Dreams MacauYí, Morpheus, City of Dreams MacauNüwa Spa, City of Dreams MacauStar Tower, Studio CityJade Dragon, Nüwa, City of Dreams MacauThe Spa at Epic Tower, Studio City *Epic Tower, Studio City *Pearl Dragon, Studio CityZensa Spa, Studio CityAltira MacauAurora, Altira Macau *Altira Spa, Altira MacauNüwa, City of Dreams ManilaTenmasa, Altira MacauNüwa Spa, City of Dreams Manila Ying, Altira Macau  * New FTG Five-Star award winner About Melco Resorts & Entertainment Limited Melco Resorts & Entertainment, 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 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. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean in Limassol in the Republic of Cyprus (www.cityofdreamsmed.com.cy). The Company also continues to operate three satellite casinos in other cities in Cyprus (the "Cyprus Casinos”). For more information about the Company, please visit www.melco-resorts.com. Melco Resorts & Entertainment is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company. About Forbes Travel Guide Forbes Travel Guide is the only global rating system for luxury hotels, restaurants, spas, and ocean cruises and their restaurants. Our anonymous professional inspectors evaluate based on hundreds of exacting standards, with an emphasis on exceptional service, to help discerning travelers select the world’s best experiences. The only way to get a Five-Star, Four-Star or Recommended rating is by earning it through our independent inspection process. For more information about Forbes Travel Guide, please visit ForbesTravelGuide.com. Connect with Forbes Travel Guide Instagram: www.instagram.com/ForbesTravelGuideX: www.twitter.com/ForbesInspector Facebook: www.facebook.com/ForbesTravelGuide For media enquiries, please contact:Chimmy LeungExecutive Director, Corporate Communications Tel: +852 3151 3765Email: chimmyleung@melco-resorts.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b898b093-97b7-47b0-85fa-d4517ebe55f3

Related News