LVS and Marina Bay Sands invest $1m to capitalise on Singaporean tourism

Marina Bay Sands Las Vegas Sands

Las Vegas Sands and the operator’s Marina Bay Sands facility have established a $1m fund that is tasked with developing a pipeline of talent for Singapore’s hospitality industry.

The scholarship program, which will be run through the Sands Cares community engagement initiative, intends to advance such career prospects and capitalise on projected “tremendous” tourism growth projected over the coming years.

The project, which aims to nurture the next generation of hospitality talent, will commence in 2023 and will look to encourage more of the region’s brightest talent to consider a career in the industry.

Furthermore, the $1m investment also intends to build on a longstanding commitment by the company to support Singapore’s economic and tourism goals.

The program will benefit more than 100 Singaporean students pursuing hospitality or tourism-related courses of study at six institutes of higher L=learning, including Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic, Temasek Polytechnic and the Singapore Institute of Technology in Singapore.  

“The hospitality industry’s greatest asset lies in its people, and developing hospitality talent is especially important as the sector undergoes rapid transformation,” commented Ron Reese, senior vice president of global communications and corporate affairs, who spearheads corporate responsibility initiatives at Sands. 

“Singapore’s resilient tourism industry is expected to grow robustly with international travel resuming. By investing in education to help youth establish careers in hospitality, we are supporting the future of our industry and Singapore’s continued leadership as a top global travel destination.”

The Sands Hospitality Scholarship Program joins other corporate-supported Sands Cares initiatives in Singapore, which include the Sands Cares Accelerator, a program that assists non-profit organisations in expanding their reach and driving deeper impact, and the Sands Cares Hygiene Kit Build with Clean the World and the Sands Cares Food Kit Build, both of which are aimed at supporting people facing hardship in Sands’ local communities.