Higher rents lift Sands China mall revenue to US$531m

Business | 21 Feb 2020 5:57 pm

Sands China said today mall revenues for the year ended December 31, 2019 increased by 4.7 percent on year to US$531 million, from US$507 million in 2018.

The increase was mainly driven by increased base rent from Shoppes at Venetian and increased turnover rent from Shoppes at Four Season.

Food and beverage revenues for the year were US$298 million, a drop of 2 percent, compared to US$304 million for 2018.

 

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