The grand opening of the US$180 million 4-star Harbourview Hotel - officiated by Macau Chief Executive Chui Sai On, in company with the Secretary for Economy and Finance, Lionel Leong, and the President of the Legislative Assembly, Ho Iat Seng, on 11^th February - represents the beginning of the substantial new wave of tourist facilities slated for the territory this year.

“In 2014, there were around 31.5 million visitors to Macau, a 7.5 percent increase on the previous year. We believe that there will be continuous demand for quality hotel accommodation and peripheral leisure tourism services”, said Co-chairman and Chief Executive Officer of Macau Legend David Chow. “With the opening of the first new hotel at the Macau Fisherman’s Wharf, we expect our expanding hotel portfolio will increase revenue contributions and economies of scale benefits to our company.”

Harbourview is the first of three hotels to open in Macau Fisherman’s Wharf theme park. The building design - inspired by the architecture of 18^th Century Prague - occupies 68,300 square metres, and has nine floors. In addition to the 444-room accommodation, it offers retail areas, restaurants and entertainment facilities.

While Harbourview is a 4-star hotel, the other two hotels that are part of the project will be 5-star, with the Legend Palace Hotel slated to open in 2016 and the Legendale Hotel in 2017.

“The foundation for Legend Palace is almost ready . . . In March or June next year the construction will be ready. As for Legendale, we believe that one year and a half can be enough to complete the construction”, David Chow said.

As part of the future development of the Fisherman’s Wharf project, a larger marina will be added plus a convention centre aimed at complementing the nearby Science and Technology Museum and Cultural Centre.

The CEO of Macau Legend also said that the strategy for the company is to diversify its source of customers from regions other than Mainland China.