DOM 19 DE MAYO DE 2024 - 11:49hs.
Press conference

Lawrence Ho presents Melco’s “City of the Future” for Japan

The chairman and CEO of Melco Resorts & Entertainment, Lawrence Ho, held a press conference yesterday (Thursday) in Tokyo to reiterate his desire to build an IR in Japan, which he dubs the “City of the Future.” He stated: “If we were able to build an IR here, it would truly be a dream come true.”

The event, which was attended by well over a hundred people at a luxury hotel in the Otemachi business district, consisted of Ho presenting the past achievements and the future vision of his company, as well as an explanation of his life-long interest in Japan and Japanese culture.

“There are so many elements that I love about Japanese architecture, Japanese landscaping, the culture, tea ceremony… If we were able to build an IR here, it would truly be a dream come true,” he stated.

There did not appear to be any breakthrough announcements at the press event, although it did provide an opportunity for Ho to personally introduce his Japan team, led by Ako Shiraogawa.

According to Ho, the main characteristic which sets Melco apart from other IR operators is its genuine commitment to elite quality as opposed to scale: “You want the right, affluent tourism—people who can actually contribute. More affluent tourists are more sophisticated. They can appreciate and understand the culture a lot more than just the masses.”

A video of Mr. Ho’s presentation is available at this link (www.youtube.com/watch?v=ixfzsl0JoxM&t=416s)

Source: GMB / AG Brief