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Studio City International Holdings Limited's Business Segments
Studio City International Holdings Limited's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 695
Regions Reported
-
Annual Results
Revenue by Product & Service Category -
- Revenue from casino contract44%
- Casino Contract44%
- Rooms24.2%
- Occupancy13.8%
- Services fee9.8%
- Service Fee9.8%
- Food and beverage8.1%
- Entertainment2%
- Mall0%
- Retail and other0%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Revenue from casino contract | $ 306 | 44% |
| Casino Contract | $ 306 | 44% |
| Rooms | $ 168 | 24.2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
7 more categories available
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Description of Studio City International Holdings Limited
Studio City International Holdings Limited (SCIHL) is a global entertainment company operating in the entertainment and hospitality industries. The company is based in Hong Kong and was founded in 2013 as a subsidiary of Melco International Development Limited, a company that specializes in gaming and leisure properties.
SCIHL's core business is the operation of integrated resorts (IRs), which are large-scale destination properties offering various entertainment facilities, including casinos, hotels, retail outlets, theaters, and convention centers. The company operates two IRs: Studio City Macau, located in Macau, China, and City of Dreams Mediterranean, located in Cyprus.
Studio City Macau is a Hollywood-themed IR that first opened in 2015. The property features a 130,000 square-foot casino with over 200 gaming tables and 1,000 slot machines, a 1,600-room hotel, a gourmet food street, a nine-screen multiplex cinema, two theaters, and multiple retail and entertainment options.
City of Dreams Mediterranean, scheduled to open in late 2021, is touted as Europe's largest IR. The property will feature a 136,000 square-foot casino with over 1,000 slot machines and 100 gaming tables, a 500-room luxury hotel, a 1,500-seat theater, a convention center, and numerous dining, retail, and entertainment options.
In addition to its IR operations, SCIHL also engages in various non-gaming entertainment activities. These include the production and distribution of films and TV shows and the operation of live events and shows.
SCIHL is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste, and promoting sustainable tourism.
Overall, SCIHL is a diversified entertainment and hospitality company with a strong focus on integrated resort operations in Asia and Europe. The company aims to provide unique entertainment experiences to its customers while maintaining a commitment to sustainability.
SCIHL's core business is the operation of integrated resorts (IRs), which are large-scale destination properties offering various entertainment facilities, including casinos, hotels, retail outlets, theaters, and convention centers. The company operates two IRs: Studio City Macau, located in Macau, China, and City of Dreams Mediterranean, located in Cyprus.
Studio City Macau is a Hollywood-themed IR that first opened in 2015. The property features a 130,000 square-foot casino with over 200 gaming tables and 1,000 slot machines, a 1,600-room hotel, a gourmet food street, a nine-screen multiplex cinema, two theaters, and multiple retail and entertainment options.
City of Dreams Mediterranean, scheduled to open in late 2021, is touted as Europe's largest IR. The property will feature a 136,000 square-foot casino with over 1,000 slot machines and 100 gaming tables, a 500-room luxury hotel, a 1,500-seat theater, a convention center, and numerous dining, retail, and entertainment options.
In addition to its IR operations, SCIHL also engages in various non-gaming entertainment activities. These include the production and distribution of films and TV shows and the operation of live events and shows.
SCIHL is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste, and promoting sustainable tourism.
Overall, SCIHL is a diversified entertainment and hospitality company with a strong focus on integrated resort operations in Asia and Europe. The company aims to provide unique entertainment experiences to its customers while maintaining a commitment to sustainability.
Studio City International Holdings Limited is a prominent developer and operator of integrated entertainment and leisure resorts, primarily serving the Asia-Pacific region. The company has established itself as a leading entity in the entertainment and hospitality sector, offering a diverse array of segments, products, and services that cater to various customer needs and preferences.
Segments:
1. Gaming Operations:
This segment is the backbone of Studio City’s offerings, encompassing a wide range of gaming experiences. The casino operates a substantial selection of:
- Slot Machines: Featuring the latest technology and a vast variety of games, catering to both novice and experienced players.
- Table Games: Including classics such as blackjack, roulette, and baccarat, providing an exciting atmosphere for patrons.
- VIP Gaming: Offering exclusive high-stakes gaming experiences for affluent customers, with luxurious private rooms and personalized service.
- Mass-Market Gaming: Designed for a broader audience, allowing more accessible entry points into the gaming experience.
2. Retail, Dining, and Entertainment:
This segment creates a vibrant and multifaceted environment for guests:
- Shopping Malls: Featuring a variety of retail outlets ranging from luxury brands to local artisans, enhancing the overall shopping experience.
- Dining Options: An extensive selection of restaurants, cafes, and bars serving diverse cuisines, from gourmet dishes to casual dining, ensuring that there is something for everyone.
- Entertainment Venues: These include cinemas that showcase the latest films, live performance areas for concerts and shows, as well as nightclubs offering vibrant nightlife experiences.
3. Hotel Room, Rental, and Other Services:
The hospitality segment is designed to provide luxurious accommodations and additional amenities for guests:
- Hotel Room Rentals: Offering a range of options from deluxe rooms to themed suites, equipped with modern conveniences to ensure a comfortable stay.
- Spa Services: Providing relaxation and wellness treatments to ensure guests can unwind and rejuvenate.
- Fitness Centers: Available 24/7 for guests to maintain their fitness routines while away from home.
- Conference Facilities: Equipped with state-of-the-art technology and adaptable spaces, suitable for meetings, conferences, and special events, catering to both corporate and personal gatherings.
Products and Services:
1. Casino and Gaming Products:
- Studio City International Holdings Limited showcases a wide spectrum of gaming products. This includes not only traditional table games and slot machines but also advanced electronic table games that attract tech-savvy players, contributing to a dynamic gaming floor atmosphere.
2. Retail and Entertainment Products:
- The company is adept at curating a diverse retail environment that includes apparel, electronic gadgets, souvenirs, and accessories. Additionally, the entertainment aspect is enriched by featuring cinemas showcasing popular blockbusters and live performances, ensuring continual engagement for visitors.
3. Food and Beverage Services:
- Offering an extensive array of dining experiences, the company serves an impressive selection of cuisines, including Chinese, Japanese, Korean, and Western dishes. The diverse food and beverage options allow guests to explore culinary delights in casual and fine dining settings, as well as social spaces like bars and lounges.
4. Hospitality Services:
- Beyond standard hotel accommodations, Studio City emphasizes a holistic guest experience. Their services extend to maintaining well-equipped fitness centers, luxurious spas, and relaxing swimming pools, along with comprehensive support for business travelers, ensuring both leisure and professional needs are met seamlessly.
Conclusion:
Overall, Studio City International Holdings Limited stands as a comprehensive provider of luxurious entertainment, dining, and lodging solutions. With a focus on delivering exceptional experiences, the company caters to a wide range of customers, from high rollers seeking exclusive gaming experiences to families looking for a memorable getaway. Their ability to integrate diverse offerings within their resorts allows them to create unique experiences tailored to the tastes and preferences of their clientele, ensuring satisfaction across all demographics.
Segments:
1. Gaming Operations:
This segment is the backbone of Studio City’s offerings, encompassing a wide range of gaming experiences. The casino operates a substantial selection of:
- Slot Machines: Featuring the latest technology and a vast variety of games, catering to both novice and experienced players.
- Table Games: Including classics such as blackjack, roulette, and baccarat, providing an exciting atmosphere for patrons.
- VIP Gaming: Offering exclusive high-stakes gaming experiences for affluent customers, with luxurious private rooms and personalized service.
- Mass-Market Gaming: Designed for a broader audience, allowing more accessible entry points into the gaming experience.
2. Retail, Dining, and Entertainment:
This segment creates a vibrant and multifaceted environment for guests:
- Shopping Malls: Featuring a variety of retail outlets ranging from luxury brands to local artisans, enhancing the overall shopping experience.
- Dining Options: An extensive selection of restaurants, cafes, and bars serving diverse cuisines, from gourmet dishes to casual dining, ensuring that there is something for everyone.
- Entertainment Venues: These include cinemas that showcase the latest films, live performance areas for concerts and shows, as well as nightclubs offering vibrant nightlife experiences.
3. Hotel Room, Rental, and Other Services:
The hospitality segment is designed to provide luxurious accommodations and additional amenities for guests:
- Hotel Room Rentals: Offering a range of options from deluxe rooms to themed suites, equipped with modern conveniences to ensure a comfortable stay.
- Spa Services: Providing relaxation and wellness treatments to ensure guests can unwind and rejuvenate.
- Fitness Centers: Available 24/7 for guests to maintain their fitness routines while away from home.
- Conference Facilities: Equipped with state-of-the-art technology and adaptable spaces, suitable for meetings, conferences, and special events, catering to both corporate and personal gatherings.
Products and Services:
1. Casino and Gaming Products:
- Studio City International Holdings Limited showcases a wide spectrum of gaming products. This includes not only traditional table games and slot machines but also advanced electronic table games that attract tech-savvy players, contributing to a dynamic gaming floor atmosphere.
2. Retail and Entertainment Products:
- The company is adept at curating a diverse retail environment that includes apparel, electronic gadgets, souvenirs, and accessories. Additionally, the entertainment aspect is enriched by featuring cinemas showcasing popular blockbusters and live performances, ensuring continual engagement for visitors.
3. Food and Beverage Services:
- Offering an extensive array of dining experiences, the company serves an impressive selection of cuisines, including Chinese, Japanese, Korean, and Western dishes. The diverse food and beverage options allow guests to explore culinary delights in casual and fine dining settings, as well as social spaces like bars and lounges.
4. Hospitality Services:
- Beyond standard hotel accommodations, Studio City emphasizes a holistic guest experience. Their services extend to maintaining well-equipped fitness centers, luxurious spas, and relaxing swimming pools, along with comprehensive support for business travelers, ensuring both leisure and professional needs are met seamlessly.
Conclusion:
Overall, Studio City International Holdings Limited stands as a comprehensive provider of luxurious entertainment, dining, and lodging solutions. With a focus on delivering exceptional experiences, the company caters to a wide range of customers, from high rollers seeking exclusive gaming experiences to families looking for a memorable getaway. Their ability to integrate diverse offerings within their resorts allows them to create unique experiences tailored to the tastes and preferences of their clientele, ensuring satisfaction across all demographics.
