Melco Resorts earns three new FTG Five-Star awards, boosting its total to 107, leading luxury hospitality in Macau and Asia.
Quiver AI Summary
Melco Resorts & Entertainment has once again excelled in the newly released 2025 Forbes Travel Guide, maintaining its leading position among integrated resorts in Asia and achieving the most FTG Five-Star awards in Macau. This year, the company received three new Five-Star awards in the Hotel, Restaurant, and Spa categories, bringing its total to a record 107 stars. Notable recipients of the new awards include Studio City’s Epic Tower, The Spa at Epic Tower, and Aurora restaurant at Altira Macau. Chairman & CEO Lawrence Ho expressed pride in the recognition and emphasized Melco's commitment to luxury hospitality and entertainment. Overall, Melco continues to enhance its offerings across its properties in Asia and Europe.
Potential Positives
- Melco Resorts & Entertainment received three new FTG Five-Star awards, highlighting its outstanding performance across the Hotel, Restaurant, and Spa categories.
- The company achieved a record total of 107 FTG Five-Star awards, reinforcing its status as a leader in luxury hospitality in Macau and Asia.
- Lawrence Ho, Chairman & CEO, emphasized the company's commitment to exceptional design, operation, and guest experience, indicating strong future business prospects.
- The recognition enhances the company’s reputation, potentially attracting new and returning guests to its properties in Asia and Europe.
Potential Negatives
- Potential over-reliance on industry awards for marketing, which may not translate to sustained financial performance.
- Increased competition in the luxury market could diminish the significance of the awards and affect future business prospects.
- Challenges associated with operating in politically sensitive regions like Macau and Europe may overshadow positive achievements highlighted in the release.
FAQ
What recent awards did Melco Resorts achieve in 2025?
Melco Resorts received three new FTG Five-Star awards for its hotels, restaurants, and spas, bringing its total to 107 stars.
How many Five-Star awards does Melco Resorts hold?
Melco Resorts has achieved a record total of 107 Five-Star awards, the most in Macau and Asia.
Who is the CEO of Melco Resorts & Entertainment?
Mr. Lawrence Ho is the Chairman and CEO of Melco Resorts & Entertainment.
What properties are included in the latest FTG Five-Star awards?
The awards include Melco's Epic Tower, The Spa at Epic Tower, and Aurora restaurant at Altira Macau.
Where are Melco Resorts' integrated resorts located?
Melco Resorts operates integrated resorts in Macau, the Philippines, and Europe, including City of Dreams and Studio City.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MLCO Hedge Fund Activity
We have seen 70 institutional investors add shares of $MLCO stock to their portfolio, and 84 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EMINENCE CAPITAL, LP removed 11,168,702 shares (-63.8%) from their portfolio in Q3 2024, for an estimated $87,004,188
- CAPITAL RESEARCH GLOBAL INVESTORS removed 9,085,534 shares (-29.2%) from their portfolio in Q3 2024, for an estimated $70,776,309
- MILLENNIUM MANAGEMENT LLC added 1,989,346 shares (+799.5%) to their portfolio in Q3 2024, for an estimated $15,497,005
- MORGAN STANLEY added 1,589,465 shares (+42.6%) to their portfolio in Q3 2024, for an estimated $12,381,932
- CORONATION FUND MANAGERS LTD. removed 1,520,255 shares (-11.6%) from their portfolio in Q4 2024, for an estimated $8,802,276
- JPMORGAN CHASE & CO added 1,241,986 shares (+1240.2%) to their portfolio in Q4 2024, for an estimated $7,191,098
- UBS GROUP AG removed 1,071,958 shares (-56.3%) from their portfolio in Q3 2024, for an estimated $8,350,552
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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:
Hotels | Restaurants | Spas |
Morpheus, City of Dreams Macau | Alain Ducasse at Morpheus, Morpheus, City of Dreams Macau | Morpheus Spa, City of Dreams Macau |
Nüwa, City of Dreams Macau | Yí, Morpheus, City of Dreams Macau | Nüwa Spa, City of Dreams Macau |
Star Tower, Studio City | Jade Dragon, Nüwa, City of Dreams Macau | The Spa at Epic Tower, Studio City * |
Epic Tower, Studio City * | Pearl Dragon, Studio City | Zensa Spa, Studio City |
Altira Macau | Aurora, Altira Macau * | Altira Spa, Altira Macau |
Nüwa, City of Dreams Manila | Tenmasa, Altira Macau | Nüwa 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/ForbesTravelGuide
X: www.twitter.com/ForbesInspector
Facebook: www.facebook.com/ForbesTravelGuide
For media enquiries, please contact:
Chimmy Leung
Executive Director, Corporate Communications
Tel: +852 3151 3765
Email:
chimmyleung@melco-resorts.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b898b093-97b7-47b0-85fa-d4517ebe55f3
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
