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Exploring Strategy

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Exploring Strategy
The origin of resorts can be traced back to the second century B.C. with Rome’s public baths. “The concept spread throughout Europe in the wake of their conquering legions. From the simple origins of public baths and restorative mineral springs…” (Prideaux B 2009). These baths were much like resorts of today because of all the amenities offered at their location.

Few years later, the traditional resort model had big changes to serve a singular purpose. Besides that, others want a resort to improve health and well-being, or require beautiful surroundings and the highest quality of food, entertainment and service (McElyea and Cory 2008). Of course, consumer expectations had moved to dramatically, thanks to a new type of resort had entered to the marketplace – mega resorts or fantasy resort to satisfy the consumer’s demand.

Instead of just targeting at the individual leisure traveller with a single hotel, nowadays, the developers will expand the resort market to attract corporate of business and group of every kind by combining recreational and meeting facilities. It builds up a new modern of resort call an integrated resort complex, the definition of integrated resort is defined as “a multi-billion dollar multi-dimensional resort that includes a casino that takes up no more than 10% of the resort’s public floor space, but where the casino operators generates at least US$300 million in gaming revenues” (MacDonlad and Eadington 2008, p.5-6), where several hotels and ancillary functions support the prime function and differentiator (Prideaux 2009, p.11). This is a combine resort with a “mixed up concept” like hotels, restaurants, convention centre, theme park, spas, shopping malls, exhibition buildings, sports, and dinner theatres… (Wong and Goldblum 2008). This concept will bring to their country many economic benefits and satisfy the demand of consumers, that’s why many integrated resorts are operated as touristic enclaves focusing on sand, sun, sea resort



References: Allen Consulting Group. 2012, Crown Sydney Proposal: An Economic Benefit Assessment. Melbourne: Crown Limited. Bean. M. 2013. Singapore Fines for Problem Gambling at Two Casino Resorts. [online] Available at: http://www.casinoscamreport.com/2013/01/02/singapore-fines-for-problem-gambling-at-two-casino-resorts/. [Accessed January 2 2013]. Caris S. 2010. A look at the Integrated Resort Singapore. ADB magazine, February 2010, p.7. Chetan. K. 2009. Grand Hyatt Macau aims high for MICE within City of Dream. [online] Available at: http://www.expresstravelworld.com/20091115/market10.shtml [Accessed December 7 2012]. Cisco. 2011. City of Dreams in Macau Sets New Paradigm. [online] Available at: http://www.cisco.com/en/US/services/ps2961/macau_feb_successstories_services.pdf. [Accessed December 19 2012]. DSEC. 2011. Develop Macau as a Sustainable Tourism Destination in term of Hotel Industry. Macau: Institute for Tourism Studies. Eze P. 2003. Playing Casino with god. USA: iUniverse, Inc. Fernando. V. 2010. Singapore 's Huge Bet On Sex And Gambling Is About To Pay Off Big Time. [online] Available at: http://www.businessinsider.com/singapores-huge-bet-on-sex-and-gambling-is-ab-2010-3. [Accessed December 29 2012]. Gaming Partners International Corporation. 2009. City of Dreams, Macau Opens With GPI Casino Currency. [online] Available at: http://gpigaming.investorroom.com/index.php?s=43&item=50. [Accessed December 19 2012]. Hao Z. 2011. Macau history and society. Hong Kong: Hong Kong University Press. Ibp USA. 2011. Singapore Business and Investment Opportunities Yearbook: Strategic Information and Opportunities. USA: International Business Publication. John M. Jenkins and John J. Pigram. 2003. Encyclopedia of Leisure and Outdoor Recreation. London: Routledge. King. C. 2010. Entertainment and society: Influences, Impacts, and Innovations. 2nd ed. New York: Routledge. Lam. M. K. N. 2011. Gaming, Governance and Public Policy in Macao. Hong Kong: Hong Kong University Press. Lee. Y. T. N. 2010. Legalizing gaming in Singapore: The ethical implications. Las Vegas: University of Nevada. Macau Static and Cencus Service. 2008. Environment Statistics. Macaunews. 2010. Macau to open new ferry terminal in 2013 in Taipa Island. Macau News Daily, July 15, p.3. McCartney. G. 2008. The CAT and the MICE: Key Development Considerations for the Convention and Exhibition Industry in Macao. Journal of Convention & Event Tourism, Vol. 9(4), p. 293-308. Mellen, S. R. and Okada, S. S. 2005. Forecasting market-wide gaming revenue (win) for the Macau Special Administrative Region. California: HVS International San Francisco. Miller. P. F, Vandome. F. A and John. M. 2010. Integrated Resort. USA: VDM Publishing. Prideaux B. 2009. Resort Destinations: Evolution, Management and Development. Boston: Butterworth-Heinemann/Elsevier. Scott. W. A. 2011. Macau in 2020. World Gaming, December 19, p.5. Sieroty. C. 2012. Positives seen in Wynn expansion plan. [online] Available at: http://www.lvrj.com/business/positives-seen-inwynn-expansion-plan-149970405.html. [Accessed December 19 2012]. Tai S, H. 2008. Strategy management of Integrated Resorts with casino to sustain competitive advantage in Singapore. Nottingham University Business School: PSB academy. Tham. I. 2012. IDA: OpenNet fibre reaches 95% of homes, offices. Straits times, October 1, p.9. Vanhove. N. 2011. The Economics of Tourism Destinations. 2nd ed. USA: Elsevier. Wan. Y. K. P, Li. X. C and Kong. W. H. 2011. Social impact of casino gaming in Macao: A qualitative analysis. Original scientific paper, Vol. 59 (1), p.63-82. Ward G. 2002. The rough guide to Las Vegas. 2nd ed. London: Rough Guides. Wong T, C, Yuen B and Goldblum C. 2008. Spatial Planning for a Sustainable Singapore. New York: Springer.

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