NEWS
6 April 2023
Asia bulletin: Melco opens new indoor waterpark and branded hotel
By Louis Thompsett

Located at Studio City, the new building represents the second phase of development and, according to Melco, underpins the company’s commitment to the growth and diversification of the region’s tourism. 

An opening ceremony was held and attended by officiating guests including the Director-General of the Economic Affairs Department of the Liaison Office of the Central People’s Government in Macau, Liu Decheng – and Director of the Macau Government Tourism Office, Helena de Senna Fernandes. 

Melco Chairman and CEO Lawrence Ho said: “With our new 10-year gaming concession, Melco’s commitment and belief in Macau’s long-term future remain unwavering. Throughout the pandemic, we never compromised our core beliefs in providing guests with quality hospitality, great design and world-leading entertainment. 

“The opening of the indoor waterpark and Epic Tower marks the start of a new chapter for Studio City, which is also an important milestone in Macau’s diversification objective and a demonstration of Melco’s confidence and belief in the long-standing potential of Macau.  

“The development, in addition to the many more to be unveiled in the third quarter of this year, undoubtedly reinforces Studio City’s positioning as Asia’s Entertainment Capital, and Melco’s commitment to Macau through substantial and ongoing investment in the city's future.” 

The first openings in Melco’s Studio City Phase 2 development, the Epic Tower hotel and waterpark are set to be followed by an additional hotel, which will complete the operator’s extension project.  

Macau’s Government had called upon its concession holders to expand the region’s non-gaming tourism amenities, as it looks to generate alternative revenue streams after its VIP market has become all but obsolete following law changes at the start of Macau’s new concession period in January 2023.