28 Chinese: Exhibition explodes narrow perspectives of contemporary art in China

SAN FRANCISCO, March 31, 2015 /PRNewswire/ — This June, visitors to the Asian Art Museum will get a snapshot of some of China’s most exciting artists from the country’s booming contemporary art scene. The museum’s special summer exhibition 28 Chinese offers glimpses of contemporary Chinese art through a group of 28 artists, ranging from those in the spotlight like Liu Wei, He Xiangyu, Huang Yong Ping and Xu Zhen to the internationally acclaimed Zhang Huan and Ai Weiwei. These artists have made a significant impact on the art world and expanded definitions of contemporary art in China. On view June 5 through Aug. 16 at the Asian Art Museum, the exhibition features 48 artworks, revealing powerful responses to China today, as well as perspectives and attitudes towards tradition.

Photo – http://photos.prnewswire.com/prnh/20150330/195295

28 Chinese is the culmination of more than a decade’s worth of exploration and research by art collectors Don and Mera Rubell. Between 2001 and 2012, the Rubells conducted six research trips to China, where they visited 100 artists’ studios in Beijing, Chengdu, Guangzhou, Hangzhou, Hong Kong, Shanghai and Xi’an. The Rubells acquired artworks from 28 artists in a multiplicity of mediums, from painting and installation to photography and new media. Organized by guest curator Allison Harding, the Asian Art Museum’s presentation will be the first exhibition on the West Coast for many of these artists.

While artworks in 28 Chinese are only a sample of all that Chinese contemporary art has to offer, they represent a few of the most notable Chinese artists working today, as identified by two preeminent art collectors. A highlight of the exhibition is Zhu Jinshi’s monumental installation, Boat, which is 12 meters long, made from 8,000 sheets of paper commonly used in Chinese calligraphy and painting. Visitors will notice row upon row of carefully stacked paper overlapping bamboo rods suspended from the ceiling with cotton thread. Another highlight is a large scale painting by Li Shurui from her Light series—works that reproduce the look and feel of light in different environments, from arctic landscapes to nightclubs. The exhibition also features Ai Weiwei’s Table with Two Legs (2008), Xu Zhen’s embroidered canvases, He Xiangyu’s installation Cola Project (2009–2010), Qiu Zhijie’s Tattoo-2, (2000) and a screening room featuring a wide range of new video works, including Huang Ran’s Blithe Tragedy (2011) and Fang Lu’s Lovers Are Artists (Part One) (2012).

Following the Asian Art Museum’s presentation of 28 Chinese, the exhibition will travel to the San Antonio Museum of Art (Sept. 5, 2015–Jan. 4, 2016). The exhibition premiered in Miami at the Rubell Family Collection on Dec. 4, 2013 and was on view through Aug. 1, 2014.

Over the past 15 years, the Asian Art Museum has made a concentrated effort to include contemporary art in its exhibition programs and acquisition pursuits. On Sept. 4 the museum will present First Look: Collecting Contemporary at the Asian, an original exhibition showcasing contemporary art in the museum’s collection.

28 Chinese is organized by the Rubell Family Collection, Miami. Presentation at the Asian Art Museum is made possible with the generous support of China Art Foundation, Gorretti and Lawrence Lui, Silicon Valley Bank, The Akiko Yamazaki and Jerry Yang Fund for Excellence in Exhibitions and Presentations, Lucy Sun and Warren Felson, and Nordstrom.

For more information visit: www.asianart.org.

PRESS CONTACTS:
Tim Hallman |
+1.415.581.3711
pr@asianart.org

Annie Tsang
+1.415.581.3560
annietsang@asianart.org

Wanda Hotels & Resorts Officially Launching its Call Center

BEIJING, March 30, 2015 /PRNewswire/ — The Wanda Hotels & Resorts Call Center was formally launched in Beijing on March 27, 2015, will fully operate from April 1. With its advanced facilities, this brand-new Call Center will provide hotel information and reservation services for all owned and managed hotels under Wanda Hotels & Resorts (including the five-star hotel brand – Wanda Realm, the upscale five-star hotel brand – Wanda Vista and the luxury hotel brand – Wanda Reign) for guests, as well as exclusive telephone service for members of Wanda Club.

Wanda Hotels & Resorts Officially Launching its Call Center

Wanda Hotels & Resorts Officially Launching its Call Center

Wanda Hotels & Resorts has been rapidly developing in comprehensive way since its establishment. By the end of 2015, Wanda will have 85 five-star hotels in China, including 38 hotels and resorts under the management of over a dozen international hotel brands, and 47 owned and managed international branded hotels. By the end of 2020, Wanda Hotels & Resorts will own and manage over 150 hotels around the world, including Wanda Vista Hotels in London, Madrid, Chicago, Sydney and the Gold Coast.

“Wanda Club” is a highly-praised loyalty program offered by Wanda Hotels & Resorts. It encourages members to consume in self-owned hotels with diversified bonus point strategies and to exchange their points for other quality services in Wanda Cinemas and Wanda Department Stores. Meanwhile, the Club has established strategic partnerships with several international well-known airlines to allow for points exchange including: Air China, China Eastern Airlines, China Southern Airlines, Hainan Airlines, Dragonair, Cathay Pacific, and ANA.

The official launch of the Call Center of Wanda Hotels and Resorts has indicated another step taken by Wanda in the course of internationalization. The 4000888899 hot line of the Center will help to provide more personalized and timely service for business and leisure travelers.

About Wanda Hotels and Resorts

As owner and operators, Wanda Hotels & Resorts is an international luxury hotel management company incorporating hotel ownership, hotel operations and marketing that is dedicated to providing a profound Chinese cultural experience and considerate guest services to global travelers. Currently, there are three premium five-star hotel brands under the umbrella of Wanda Hotels & Resorts, namely the renowned five-star hotel brand Wanda Realm, upscale five-star hotel brand Wanda Vista and premium luxury hotel brand Wanda Reign. By the end of 2015, Wanda will have 85 five-star hotels in China, including 38 hotels and resorts under the management of over ten international hotel brands, and 47 self-owned international brand hotels. By the end of 2020, Wanda Hotels & Resorts will own and manage over 150 hotels around the world, including Wanda Vista Hotels in London, Madrid, Chicago, Sydney and on the Gold Coast in Australia. The “Wanda Club” loyalty program is also under the unified management of the company. For more information or for reservations, please visit http://www.wandahotels.com

Photo – http://photos.prnasia.com/prnh/20150327/0861502372

Tourism Operators On A Mission To Promote NSW In China

SYDNEY, March 23, 2015 /PRNewswire/ — Tourism operators from across NSW will travel to China this week to sell the State as a destination of choice to key Chinese travel partners.

Destination NSW Chief Executive Officer Sandra Chipchase said more than 30 NSW tourism operators will take part in the mission, which runs from 22-28 March in Wuhan and Guangzhou, two cities identified as target markets in NSW’s China Tourism Strategy 2012-2020.

“This initiative helps us take advantage of the growing demand from China, with NSW operators showcasing experiences on offer in our State to key Chinese trade partners, increasing their knowledge and awareness of our destinations and products,” Ms. Chipchase said.

“It will also assist NSW suppliers to build and strengthen their relationships with Chinese product managers, and provide opportunities to contract with wholesalers.

China is our State’s top inbound visitor market. In the year ending September, more than 443,000 Chinese visitors stayed 12.1 million nights in NSW, spending more than $1.5 billion, so it’s important we continue to work with the Chinese travel trade industry to further increase the number of Chinese visitors to NSW and ensure NSW remains the most popular destination,” she said.

Destination NSW has invited participating operators to extend their stay in China to take part in a roadshow being run as part of a campaign with China Travel International Guangdong.

“Operators attending the mission have been invited to take part in the Guilin leg of this roadshow, which will visit six key cities within South China to promote Sydney and NSW itineraries and further develop emerging markets,” Ms. Chipchase said.

“This is another great opportunity to show why NSW is Australia’s number one destination, highlighting some of the great tours, activities, accommodation options and spectacular locations that make us a perfect destination for Chinese travellers,” she said.

The NSW tourism operators participating in the Greater China Mission have received support from the NSW Government’s International Business Development Program, delivered by Destination NSW. The mission has been organised by Destination NSW in conjunction with Tourism and Events Queensland.

Participating NSW tourism operators include:

  • AAT Kings
  • Australian Cruise Group
  • Balloon Aloft
  • BridgeClimb Sydney
  • Captain Cook Cruises
  • Choice Hotels Australasia
  • Discover Jervis Bay – Dolphin Watch
  • Destination Tweed
  • Fantasea Adventure Cruising
  • Featherdale Wildlife Park
  • Four Seasons Sydney
  • Grand Pacific Drive
  • Hunter Valley Resort
  • Instyle Chauffeured Limousines
  • JJ Travel Service and Benz Luxury Coach & Tour
  • Lets Go Surfing
  • Merlin Entertainments Group
  • Moonshadow Cruises & Port Stephens 4WD Tours
  • Mowbray Park Farm Holidays
  • Nicks Restaurant & Bar Group
  • Oaks Hotels & Resorts
  • Shangri-la Hotel, Sydney
  • Starwood Australia Hotels
  • Sydney Opera House
  • Sydney Seaplanes
  • Tamboi Queen Cruises
  • TFE Hotels
  • The Grace Hotel
  • The Legendary Pacific Coast
  • The Star
  • Taronga Zoo
  • Trippas White Group
  • YHA Australia

Hollywood Superstars Visit Macao: “Now You See Me 2” Shoots Scenes at The Venetian Macao and Sands Macao

Film Produced by Lionsgate’s Summit Entertainment Label Set for June 10, 2016 Worldwide Theatrical Release

MACAO, March 19, 2015 /PRNewswire/ — The action thriller film “Now You See Me 2,” produced by Lionsgate’s (NYSE: LGF) Summit Entertainment label and slated for a June 10, 2016 release in theatres around the world, shot scenes over the last several days on location at The Venetian®Macao and Sands®Macao. The film, a sequel to the 2013 Summit Entertainment hit “Now You See Me” that grossed more than US$350 million at the global box office, stars Jesse Eisenberg, Mark Ruffalo, Woody Harrelson, Lizzy Caplan, Dave Franco, Daniel Radcliffe, Jay Chou, Michael Caine and Morgan Freeman.

Sands China Ltd. brought the Hollywood mega production and its superstars to Macao as its latest move to further promote the city as an international tourist destination – meanwhile increasing global awareness of Macao and providing a catalyst for cultural exchange.

“Unforgettable experiences await visitors at Sands Macao and Sands Resorts Cotai Strip Macao,” said Scott Messinger, Senior Vice President of Marketing, Sands China Ltd. “Our properties are landmark, must-visit destinations; having them featured in major motion pictures is a great way to boost the global profile of Macao as a world centre of tourism and leisure. With film shoots, movie premieres, concerts, award shows, sporting events and more, our properties are the place to be to see the brightest stars, putting Macao ever-increasingly in the international spotlight.”

The “Now You See Me 2” film shoot is the latest example of a movie utilising the unique imagery of Sands China’s integrated resorts as a compelling backdrop for storytelling on the screen. Scenes were shot in a variety of locations, including the neon-signed rooftop of Sands Macao and the Great Hall of The Venetian Macao with its iconic curved escalators.

The Venetian Macao in particular has been a popular choice for filmmakers, having been featured in several large-scale productions starring high-profile Asian and global superstars. In addition to “Now You See Me 2,” movies and television episodes shot at the integrated resort include Chow Yun-Fat’s “From Vegas to Macau,” Chinese-U.S. romantic comedy “My Lucky Star” starring Zhang Ziyi and Wang Leehom, the Bollywood telefilm series “Teri Meri Love Stories,” Hong Kong films “All’s Well Ends Well” and “Break Up Club,” Taiwanese TV series “Summer’s Desire,” and the Korean TV series “Boys Over Flowers.” Stars from Asia and around the world have also attended the many red carpet awards shows The Venetian Macao has hosted, including the 55th and 56th Asia-Pacific Film Festival Awards (APFF), the Huading Awards in 2013 and 2015, Zee Cine Awards, IIFA Awards, STAR Parivaar Awards, China Music Awards, Mnet Asian Music Awards and others.

Directed by Jon M. Chu, “Now You See Me 2” is scheduled for a June 10, 2016 theatrical release. It is the follow-up to the 2013 box office hit “Now You See Me,” which centered on the Four Horsemen – a super-team of the world’s greatest illusionists who dodge the FBI while committing daring bank robberies during their performances, rewarding their audiences with the stolen money. In this new sequel, the Four Horsemen resurface one year after outwitting the FBI and winning the public’s adulation with their mind-bending spectacles, only to find themselves face to face with a new enemy who enlists them to pull off their most dangerous heist yet.

Entertainment at Sands China Ltd. Properties

Sands China Ltd. has as a clear vision to establish Macao as Asia’s top entertainment destination.

The 15,000-seat Cotai Arena is the only venue in Asia ranked in Pollstar’s Top 100 Worldwide Arena Venues based on ticket sales. It is the top entertainment destination in southern China, hosting the world’s and the region’s biggest names in music, sports and awards shows. Superstars frequently choose the venue as the starting point of their Asian tours.

The 1800-seat, multi-purpose Venetian Theatre is one of the most luxurious entertainment venues in greater China. Featuring ushers in black-tie, champagne service, gourmet food and beverage items and other unique, premium amenities, it offers an intimate, luxurious and exclusive venue experience. The Venetian Theatre is playing a key role in bringing the best in international and Chinese entertainment to Macao, with a luxury theatre experience like no other in the region.

The 650-seat Sands Theatre regularly features internationally-renowned singers, performers and artists of the highest calibre. From traditional Chinese-costumed dancers to modern performances, and from singing troupes to contemporary bands, everything from Western rock to Cantonese pop is covered.

With an unbeatable diversity, the entertainment offering of Sands China Ltd. is ushering in a new era of entertainment in Macao.

For information about upcoming shows and events, visit http://en.sandsresortsmacao.com/macau-shows.html and www.sandsmacao.com/entertainment.html.

About Sands® Macao

Opened in 2004, Sands®Macao is a world class hotel and entertainment complex with 289 luxury suites. Its stunning gold glass exterior houses a wide range of diversions including specialty restaurants, a heated outdoor swimming pool, deluxe spa and salon, conference and banquet facilities and unrivalled gaming excitement and live entertainment. It is also home to the Paiza Club: an invitation-only international VIP club with 51 premium suites with size, opulence and grandeur that rivals the best the world has to offer.

As the first hotel and entertainment complex in Macao owned and operated by an international operator, Sands Macao quickly set the benchmark for future developments in Macao.

For more information, please visit www.sandsmacao.com.

About The Venetian®Macao

Opened in 2007, The Venetian®Macao is Macao’s first integrated resort featuring stunning replicas of the famous canals and architectural icons of Venice, Italy. The Venetian Macao features 3,000 suites, 1.2 million square feet (111,000 square metres) of convention and meeting facilities as well as a 15,000-seat Cotai Arena designed for world-class sports events and electrifying entertainment. The Venetian Macao is also home to the unique, 1,800-seat luxury Venetian Theatre, hosting the best in international and Chinese entertainment; more than 30 renowned restaurants; TAIVEXMALO Day Hospital & Spa; the incredibly fun QUBE indoor playground and more than 300 retailers at Shoppes at Venetian. Outdoor recreation areas include swimming pools and cabanas and a mini-golf course.

For more information, please visit www.venetianmacao.com.

About Sands Resorts Cotai Strip Macao – Sands China’s Integrated Resort City

Sands China Ltd. is the leading developer, owner and operator of integrated resorts in Macao. The befittingly named Sands Resorts Cotai Strip Macao, situated on reclaimed land between the islands of Coloane and Taipa, is the one destination that provides a stunning array of experiences at the heart of Cotai. Sands Resorts Cotai Strip Macao has transformed a day-trip market into an integrated resort city and international hub for business and leisure travellers.

Pulsating with life, both night and day, Sands Resorts Cotai Strip Macao features an expansive offering of affordable luxury available nowhere else in Macao, with approximately 9,000 hotel rooms and suites, international superstar live entertainment, duty-free shopping with more than 600 retailers offering an unparalleled array of name brands, 1.5 million square feet (120,000 square metres) of meeting and exhibition space for Asia’s leading conferences and exhibitions, transportation offerings and well over 100 dining options, including Michelin-starred restaurants, bars and lounges. Sands Resorts Cotai Strip Macao is a must-go destination providing every guest with an unforgettable experience and unparalleled excitement.

Comprised of The Venetian®Macao; The Plaza™ Macao, featuring the Four Seasons Hotel Macao; and Sands® Cotai Central, featuring the world’s largest Conrad, Sheraton, and Holiday Inn hotels Sands Resorts Cotai Strip Macao is where Asia’s ultimate destination is all within reach. And coming in late 2015… the crowning achievement of Sheldon G. Adelson’s vision of the Cotai Strip… The Parisian Macao.

Sands Resorts Cotai Strip Macao… Be at the Centre of It All! For more information, please visit http://en.sandsresortsmacao.com.

Media contact:

Public Relations, Venetian Macau Limited
Lily Cheng
Tel: +853 8118 2013
Email: lily.sw.cheng@sands.com.mo

Nicky Leung
Tel: +853 8118 2057
Email: nicky.leung@sands.com.mo

Galaxy Entertainment Group Reports 2014 Annual Results

Group Adjusted EBITDA up 5% Year-on-Year to $13.2 Billion

Net Profit Attributable to Shareholders Increased by 3% Year-on-Year to $10.3 Billion

Galaxy Macau™ Phase 2 and Broadway at Galaxy Macau Set to Open on Schedule as The Next Major Projects in Macau on 27 May 2015

Subsequently Announced Another Special Dividend of $0.28 Per Share

HONG KONG, March 19, 2015 /PRNewswire/ — Galaxy Entertainment Group Limited (“GEG” or “the Group”) (HKEx stock code: 27) today reported results for the three months and twelve months periods ended 31 December 2014.

FULL YEAR & Q4 2014 HIGHLIGHTS

GEG: Solid Revenue and Earnings Amid Challenging Second Half of 2014

  • Full year Group revenue increased by 9% year-on-year to $71.8 billion
  • Full year Group Adjusted EBITDA of $13.2 billion, an increase of 5% year-on-year
  • Net profit attributable to shareholders grew 3% year-on-year to $10.3 billion
  • Fourth quarter Group Adjusted EBITDA decreased 25% year-on-year to $2.7 billion

Galaxy Macau™: Resilient Performance

  • Full year revenue increased by 18% year-on-year to $46.9 billion and Adjusted EBITDA grew by 12% year-on-year to $9.9 billion
  • Fourth quarter Adjusted EBITDA decreased 19% year-on-year to $2.0 billion
  • StarWorld Macau: Decline in Full Year Revenue and Adjusted EBITDA Due to Worse than Expected Fourth Quarter
  • Full year revenue decreased by 4% year-on-year to $22.6 billion and Adjusted EBITDA of $3.5 billion, a decrease of 6% year-on-year
  • Fourth quarter Adjusted EBITDA of $645 million, a decrease of 38% year-on-year

Development Update: Launch of Galaxy Macau Phase 2 and Broadway at Galaxy Macau

  • Galaxy Macau™ Phase 2 and Broadway at Galaxy Macau — On schedule to open 27 May 2015 as the next major projects in Macau, taking Cotai investment to $43 billion of a total planned $100 billion
  • Cotai Phases 3 & 4 — Site investigation works expected to commence in 2015
  • Hengqin — Plans to develop a world class destination resort on a 2.7 sq.km land parcel moving forward
  • International — Continuously exploring opportunities in overseas markets

Balance Sheet: Remains Well Capitalised and Return of Capital to Shareholders

  • Cash on hand of $9 billion and a net cash position of $8.2 billion, virtually debt free
  • Subsequently announced another special dividend of $0.28 per share payable on or about 22 May 2015

Dr. Lui Che Woo, Chairman of GEG said:

“Marking our ten year anniversary in Macau, GEG achieved solid revenue and EBITDA growth of 9% and 5% respectively, despite facing challenging headwinds in the second half of the year. Our ‘World Class, Asian Heart’ service philosophy is imbedded in all aspects of our business and governs every interaction with the customer, enabling us to deliver spectacular and unique holiday experiences.

“In the ten years since we made our debut in Macau, we have built and established world class, award winning hotels and resorts. Today our commitment to supporting Macau to become a World Centre of Tourism and Leisure is stronger than ever. Two ground breaking projects — Galaxy Macau Phase 2 and the rebranded Broadway at Galaxy Macau — are scheduled to open on 27 May 2015. Doubling our footprint to over one million square metres, they take our investment in Cotai to $43 billion — well on the way to our target of investing $100 billion once Phases 3 & 4 are completed. Furthermore, as a good corporate citizen, we always believe that ‘what is taken from the community is to be used for the good of the community’. We are confident that the recently announced $1.3 billion GEG Foundation will reinforce GEG’s commitment to promoting a sustainable future for Macau and make a meaningful difference to the lives of young people in Macau and on the Mainland.

“In parallel, reflecting our commitment to returning capital to shareholders, we paid two special dividends totalling $4.9 billion in 2014 and subsequently announced another special dividend of $0.28 per share.

“There can be no doubt that the second half of 2014 was one of the most challenging periods in the history of Macau. It is therefore more important than ever that all stakeholders in the industry and Macau pull together in one direction to ensure Macau fulfils its vast economic and social development potential.

“We remain optimistic about the future as the fundamental growth drivers for the market such as increasing domestic consumption in China, a rapidly growing affluent middle class and major planned infrastructure improvements, remain unaltered. Together with our clear roadmap for growth, strong balance sheet and powerful brand, we are confident that we can differentiate ourselves from our peers and attract a greater share of new visitors to Macau.

“As always, I would like to thank our team of 17,000 staff for their tireless effort and contributions to the Group’s success.”

Market Overview

2014 saw two very contrasting half year performances, with total gaming revenue in H1 increasing 13% year-on-year and registering an all-time monthly high in February of $36.9 billion, up 40% year-on-year. However, a confluence of factors such as the FIFA World Cup, China’s soft economic landing, rising costs and the Chinese austerity program etc., weighed on the market in the second half resulting in 3% decline in full year total gaming revenue to $341.3 billion. Encouragingly, visitor numbers to the Macau region grew faster than the previous year, increasing by 8% year-on-year to 31.5 million. Visitors from the Mainland increased at an even faster rate of 14% and now represent 67% of total visitors to Macau (2013: 64%).

Underscoring Macau’s continuing appeal as a vibrant and dynamic tourism and leisure hub catering to a broader customer base, mass revenue increased by 16% year-on-year to $120.9 billion, now accounting for approximately 35% of the Macau market. VIP revenue in the year decreased by 11% year-on-year to $206.3 billion. It remains the largest segment of the market, accounting for approximately 60% of total gaming revenue.

GEG expects the structural shift in the market to mass to continue in the coming years as visitors are drawn to a number of major new projects in Macau that will greatly enhance its MICEE, recreational, dining, retail and entertainment offer, and nearby Hengqin undergoes a transformation into a new regional business and leisure hub. Major planned future infrastructure improvements such as the Taipa Ferry Terminal, the Macau Light Rail Transit and the Hong Kong-Zhuhai-Macau Bridge, are expected to facilitate greater visitor numbers by improving access to Macau and connectivity within the territory. GEG’s complementary properties and Cotai development pipeline leave it well placed to cater for a new type of visitors looking for more holistic holiday and leisure experiences.

Group Financial Results

The Group’s revenue and Adjusted EBITDA for the full year climbed 9% year-on-year to $71.8 billion and by 5% year-on-year to $13.2 billion, respectively, despite a challenging second half of the year. Net profit attributable to shareholders increased 3% year-on-year to $10.3 billion. The results were largely due to Galaxy Macau™ where Adjusted EBITDA grew 12% year-on-year. StarWorld Macau posted a 6% year-on-year decrease in Adjusted EBITDA as challenging market conditions impacted its VIP business in the second half of the year. City Clubs and the Construction Materials Division contributed Adjusted EBITDA of $166 million and $465 million, respectively.

A key contributing factor in the Group’s earnings was the solid performance in the mass segment. Galaxy Macau™’s mass revenue increased from $10.5 billion in 2013 to $12.1 billion in 2014 (up 16%), with StarWorld Macau delivering growth of 12% year-on-year to $4.3 billion. In addition, Galaxy Macau™ also achieved very healthy volume and revenue growth in the VIP segment, with the latter gaining 20% year-on-year to $31.7 billion.

The Group’s total gaming revenue for 2014 on a management basis[1] grew 9% year-on-year to $71.0 billion driven by solid increases in VIP and Mass. Total Mass revenue increased 12% year-on-year to $18.8 billion while VIP revenue climbed 8% year-on-year to $50.4 billion. Electronic gaming revenue also grew 3% year-on-year to $1.8 billion.

Balance Sheet and Special Dividends

The Group’s balance sheet remains well capitalised and liquid, with cash on hand of $9 billion and a net cash position of $8.2 billion as of 31 December 2014. The Group had debt of $790 million. In the year, GEG returned capital to shareholders by paying two special dividends of $0.70 per share and $0.45 per share on 31 July 2014 and 31 October 2014, respectively. Subsequently, the Group has announced another special dividend of $0.28 per share payable on or about 22 May 2015. These dividends reflect management’s confidence in continuing to build out the Group’s development pipeline while generating significant cash flow from operations.

Group Adjusted EBITDA (HK$'m)

Group Adjusted EBITDA (HK$’m)

Galaxy Macau™

Galaxy Macau™ celebrated its third year anniversary in May 2014 and continues to be the growth engine of the Group. The property posted revenue of $46.9 billion, up 18% on the prior year, which translated to a 12% increase in Adjusted EBITDA to $9.9 billion. ROI[2] was 58% for 2014.

Adjusted EBITDA margin under HKFRS and under US GAAP fell by one percentage point year-on-year to 21% and 30%, respectively.

Fourth quarter Adjusted EBITDA was $2.0 billion, a year-on-year reduction of 19%, as market conditions were worse than expected in the second half of the year.

VIP Gaming Performance

Total VIP rolling chip volume for the year was $941.7 billion, up almost 22% on last year. This generated revenue of $31.7 billion (2013: $26.5 billion), an increase of 20% year-on-year. The property closed out the year with fourth quarter VIP net win of $7.4 billion, down 10% year-on-year but up 2% sequentially.

VIP Gaming

HK$’m

Q4 2013

Q3 2014

Q4 2014

QoQ%

YoY%

FY 2013

FY 2014

YoY%

Turnover

236,793

224,435

200,070

-11%

-16%

774,143

941,679

22%

Net Win

8,143

7,239

7,369

2%

-10%

26,491

31,669

20%

Win %

3.4%

3.2%

3.7%

3.4%

3.4%

Mass Gaming Performance

Revenue in the mass segment increased by 16% year-on-year to $12.1 billion (2013: $10.5 billion). Fourth quarter revenue decreased by 8% year-on-year to $2.7 billion.

Mass Gaming

HK$’m

Q4 2013

Q3 2014

Q4 2014

QoQ%

YoY%

FY 2013

FY 2014

YoY%

Table Drop

7,345

6,842

6,363

-7%

-13%

27,896

27,516

-1%

Net Win

2,932

3,070

2,704

-12%

-8%

10,461

12,125

16%

Hold %

39.9%

44.9%

42.5%

37.5%

44.1%

Electronic Gaming Performance

Electronic gaming revenue was $1.6 billion, up 4% on 2013.

Electronic Gaming

HK$’m

Q4 2013

Q3 2014

Q4 2014

QoQ%

YoY%

FY 2013

FY 2014

YoY%

Slots Handle

7,708

9,325

8,515

-9%

10%

30,051

35,581

18%

Net Win

371

419

361

-14%

-3%

1,515

1,576

4%

Hold %

4.8%

4.5%

4.2%

5.0%

4.4%

Non-Gaming Performance

Non-gaming full year revenue increased by 6% year-on-year to $1.5 billion, with fourth quarter revenue climbing 17% year-on-year to $408 million. Hotel occupancy was 98%.

StarWorld Macau

StarWorld Macau generated revenue of $22.6 billion and Adjusted EBITDA of $3.5 billion in 2014, decreases of 4% and 6% year-on-year, respectively. Fourth quarter Adjusted EBITDA decreased 38% year-on-year to $645 million. Strong prior year comparatives and challenging market conditions in the second half of the year were all factors impacting results.

Adjusted EBITDA margin in the year decreased by one percentage point year-on-year to 15% under HKFRS and remained at 25% under US GAAP in 2014. The property generated an ROI[3] of 96% for 2014.

VIP Gaming Performance

StarWorld Macau reported VIP rolling chip volume of $622.8 billion in 2014, down 6% on the previous year. This translated to revenue of $17.8 billion (2013: $19.1 billion). Fourth quarter revenue was lower 29% year-on-year.

VIP Gaming

HK$’m

Q4 2013

Q3 2014

Q4 2014

QoQ%

YoY%

FY 2013

FY 2014

YoY%

Turnover

181,548

150,452

123,628

-18%

-32%

662,022

622,753

-6%

Net Win

4,964

4,412

3,527

-20%

-29%

19,076

17,755

-7%

Win %

2.7%

2.9%

2.9%

2.9%

2.9%

Mass Gaming Performance

Mass gaming revenue for 2014 increased by 12% year-on-year to $4.3 billion (2013: $3.9 billion). Fourth quarter revenue was down 19% year-on-year.

Mass Gaming

HK$’m

Q4 2013

Q3 2014

Q4 2014

QoQ%

YoY%

FY 2013

FY 2014

YoY%

Table Drop

2,935

2,661

2,421

-9%

-18%

11,091

10,890

-2%

Net Win

1,193

1,116

964

-14%

-19%

3,863

4,321

12%

Hold %

40.2%

41.4%

39.8%

34.4%

39.4%

Electronic Gaming Performance

Electronic gaming generated revenue of $181 million, down 13% on last year.

Electronic Gaming

HK$’m

Q4 2013

Q3 2014

Q4 2014

QoQ%

YoY%

FY 2013

FY 2014

YoY%

Slots Handle

781

682

531

-22%

-32%

3,200

2,937

-8%

Net Win

53

45

36

-20%

-32%

209

181

-13%

Hold %

6.8%

6.6%

6.9%

6.5%

6.2%

Non-Gaming Performance

Non-gaming revenue increased by 3% year-on-year to $373 million. Hotel occupancy remained at near capacity throughout the year at 98%.

Developing Macau’s Largest Development Pipeline

Launch of Galaxy Macau™ Phase 2 and Broadway at Galaxy Macau

Ten years after opening its first property in Macau, GEG’s next chapter of growth is scheduled to begin with the official opening of Galaxy Macau™ Phase 2 and the rebranded Broadway at Galaxy Macau on 27 May 2015. They will take GEG’s investment in Cotai to $43 billion and double the existing footprint of the resort to 1.1 million square meters. They will offer an unprecedented selection of amenities and attractions that will deliver a more diverse set of experiences for visitors.

Major highlights include:

  • Six hotels providing approximately 4,000 rooms, suites and villas plus two spas, including The Ritz Carlton’s first All-Suite hotel, The Ritz-Carlton, Macau with over 250 suites; Asia’s largest JW Marriott, JW Marriott Hotel Macau with over 1,000 rooms and Broadway Hotel offering 320 well-appointed rooms, complemented by three existing world class hotels: Banyan Tree Macau, Hotel Okura Macau and Galaxy Hotel
  • The Broadway Theater, comprising 3,000 seats and offering guests a unique up-close-and-personal family-friendly entertainment experience featuring the best of traditional and contemporary Asia culture as well as international shows and performances
  • An expanded Grand Resort Deck complete with Skytop Adventure Rapids, featuring the world’s longest skytop aquatic adventure ride at 575 meters long and the world’s largest skytop wave pool
  • The Broadway — a vibrant street and entertainment district showcasing Macanese culture through hawker-style vendors, live entertainers and world class performers, a first in the territory
  • The Promenade, featuring over 200 luxury and lifestyle retail brands
  • Over 120 food & beverage outlets, offering everything from authentic pan-Asian cuisine to world class dining experiences from Michelin starred chefs
  • Portfolio of unique venues and experiences for meetings, incentives and banquets, catering for up to 3,000 guests

GEG believes the dramatically expanded Galaxy Macau™ and Broadway at Galaxy Macau will set a new benchmark in Asia leisure and tourism, creating unforgettable experiences for the whole family to enjoy.

Cotai Phases 3 & 4

Final plans for Phases 3 and 4 of GEG on Cotai are almost complete and site investigation works are expected to begin in 2015. Once these phases are operational, GEG will have realised its overall target of investing $100 billion in Cotai and will have doubled its footprint in Cotai to 2 million square metres, adding thousands of new hotel rooms to the Group’s portfolio.

Hengqin

In early 2014 GEG entered into a framework agreement for a 2.7 square kilometer land parcel to move forward with the proposed development of a world class, low density leisure and entertainment destination resort on Hengqin. Plans are moving apace and GEG expects the development to be highly complementary to its existing and planned portfolio.

International

GEG continues to actively explore development opportunities in overseas markets.

City Clubs and Construction Materials Division

City Clubs delivered Adjusted EBITDA of $166 million in 2014, a decrease of 8% year-on-year.

Construction Materials Division posted an Adjusted EBITDA of $465 million, down 5% year-on-year.

Community Reinvestment

To mark the Group’s ten year anniversary in Macau and recognising the importance of giving back to the local community and rewarding its 17,000 team members for their valuable contribution to the business, GEG announced two important initiatives in 2014:

  • The announced establishment of a $1.3 billion GEG Foundation in July 2014 which will focus on educating and empowering the young people of Macau and Mainland China.
  • An enhanced employee benefits package which reflects the importance of our team members and the critical role each and every member plays in our continued success.

Both initiatives are consistent with GEG’s commitment to community reinvesting and being a responsible corporate citizen and employer.

Selected Major Awards

Award

Presenter

GEG

Best Managed Companies in Asia – Gaming

Euromoney Magazine

Gaming and Lodging – Best Company

Institutional Investor Magazine – All Asia Executive Team Survey

Casino Operator of the Year Australia / Asia

International Gaming Awards

Best Hotel Group Award

Robb Report China’s 2014 Best of the Best

Forbes Asia’s Fabulous 50 Companies

Forbes Asia Magazine

Galaxy Macau™

Casino VIP Room of the Year

International Gaming Awards

Best Resort of the Year (HK/Macau)

Travel Weekly Magazine and Events Magazine jointly organized – China Travel & Meetings Industry Awards

Best Service Resort Asia

Golden Horse Award of China Hotel

Top 10 Resort Hotels of China

China Hotel Starlight Awards

Hurun Report Best of the Best Awards – Luxury Hotel in Macau Star Performer

Hurun Report

StarWorld Macau

Best Service Hotel of the Year

Travel Weekly Magazine and Events Magazine jointly organized – China Travel & Meetings Industry Awards

Best Service Hotel of Asia

Golden Horse Award of China Hotel

Top 10 Glamorous Hotels of China

China Hotel Starlight Awards

Best Hotel Brand and Service

Exmoo

2014 Asia’s Top Leisure Hotel

NOW Travel Asia Awards

Group Outlook for 2015

GEG is optimistic about the prospects for Macau and the Group in the medium to long term. This confidence is supported by two principal factors: unchanged fundamental drivers for growth such as increasing domestic consumption, a fast growing affluent middle class determined to expand their horizons through travel and planned major infrastructure improvements, all of which will drive visitors to Macau; and secondly, GEG’s substantial and unique development pipeline.

While the market remains challenging, encouragingly visitation to Macau continues to increase. GEG’s hotels are operating at near capacity, highlighting their strong ongoing appeal and robust market demand. Management will continue to focus on driving operational efficiencies, tailoring the offer to meet the evolving market and ensuring the best use of resources. These measures, combined with the opening of Galaxy Macau™ Phase 2 and Broadway at Galaxy Macau in late May, give GEG optimism that growth will resume in the second half of 2015.

Tourism and entertainment is the primary driver of employment creation and economic security for all residents of Macau. All constituents need to harmoniously work together in the current challenging period to ensure that the success that Macau has enjoyed over the past 10 years will continue into the future.

Looking to the future, GEG believes that its strong track record of building world class destination resorts, unique product and service offer and intimate understanding of Asian customers’ changing holiday desires and needs, will translate to sustainable growth in the years ahead.

[1]

The primary difference between statutory revenue and management basis revenue is the treatment of City Clubs revenue where fee income is reported on a statutory basis and gaming revenue is reported on a management basis.

[2]

ROI calculated based on the total Adjusted EBITDA for the latest twelve months divided by gross book value through 31 December 2014 including allocated land cost.

[3]

ROI calculated based on the total Adjusted EBITDA for the latest twelve months divided by gross book value through 31 December 2014 including allocated land cost.

About Galaxy Entertainment Group (HKEx stock code: 27)

Galaxy Entertainment Group Limited (“GEG”) is one of Asia’s leading gaming and entertainment corporations, and is a member of the Hang Seng Index.

GEG primarily develops and operates hotels, gaming and integrated resort facilities in Macau, the only legal gaming location in China and the largest gaming entertainment market in the world.

The two flagship properties of GEG include Galaxy Macau™, a world class integrated destination resort opened in May 2011 at Cotai, and StarWorld Macau, an award-winning property opened in 2006 on the Macau peninsula.

In April 2012, GEG announced the development of Galaxy Macau™ Phase 2 that will nearly double the size of the existing resort to one million square meters. Upon its scheduled opening in May 2015, Galaxy Macau™ Phase 2 will bring to Macau some of the most exciting entertainment, leisure, retail and MICEE facilities. In December 2012, GEG outlined its concept plans for Phases 3 & 4 of its Cotai landbank and expects to commence site investigation works in 2015.

Broadway at Galaxy Macau will be a family oriented integrated resort, linked to Galaxy Macau™ with an air-conditioned sky-bridge.

GEG has entered into a framework agreement with the Hengqin authority to develop a 2.7 square kilometer land parcel for a world class destination resort in Hengqin. This project will complement GEG’s business in Macau and differentiate us from our peers, as well as play a key role in supporting Macau to become a World Center of Tourism and Leisure.

Additionally, GEG operates a Construction Materials Division.

For more information about the Group, please visit www.galaxyentertainment.com.

For Media Enquiries:

Galaxy Entertainment Group – Investor Relations
Mr. Peter J. Caveny / Ms. Yoko Ku / Ms. Winnie Lei
Tel: +852-3150-1111
Email: ir@galaxyentertainment.com

Photo – http://photos.prnasia.com/prnh/20150319/8521501757-b 

Vivid Sydney 2015: Biggest Ever Program Announced

Expansion into city suburbs Chatswood and Central Park

Over 60 Lighting Installations and Projections

Expanded Music Program and Australian exclusives including The Hoodoo Gurus and Daniel Johns

Award-winning, Australian-first global speakers at Vivid Ideas

SYDNEY, March 18, 2015 /PRNewswire/ — Vivid Sydney is set to shine even more brightly in 2015 when the world’s largest festival of light, music and ideas delivers its biggest program yet. For 18 nights, from 22 May — 8 June, Vivid Sydney will again transform the city and harbour. The 2015 program includes expansion into new city precincts Chatswood and Central Park, its biggest ever music program including Australian exclusives such as The Hoodoo Gurus at the Powerhouse Museum and Daniel Johns’ international solo debut at the Sydney Opera House, and heavy-hitting speakers at Vivid Ideas.

Photo – http://photos.prnewswire.com/prnh/20150318/182874
Photo –
http://photos.prnewswire.com/prnh/20150318/182873

Vivid Sydney, now in its seventh year, is owned and managed by the NSW Government’s tourism and major events agency Destination NSW.

Destination NSW Chief Executive Officer Sandra Chipchase said: “Vivid Sydney is an incredible public event that has seen amazing growth, attracting a record 1.43 million attendees in 2014. It’s the largest festival of its kind in the world, and with our biggest program yet, there’s even more to love about Vivid Sydney this year.

“While the heart of Vivid Light is still beating strongly in and around Circular Quay, Vivid Sydney is spreading even further into the city suburbs, with Central Park and Chatswood joining the program this year,” Ms. Chipchase said.

“Favourite locations Circular Quay, Walsh Bay, Martin Place, and Darling Harbour are back with over 60 light installations and projections with even more opportunity for visitors to get hands on, more water theatre shows – this time with lasers and fire – and new and expanded programing at Pyrmont & The Star and the University of Sydney. The sandstone canvases of Customs House and the Museum of Contemporary Art Australia (MCA) will also return with spectacular new 3D projections.

“With all eyes on the Sydney Opera House, Lighting of the Sails will once again take its place as the centrepiece of the amazing light spectacular during Vivid Sydney, with Universal Everything promising awe-inspiring projections that will reimagine the architecture as a living mural, with a diverse series of vibrant, hand-drawn sequences.

Vivid Music will introduce its most expansive program yet, featuring more shows and venues and an impressive line-up of local and international talent,” she said.

The Hoodoo Gurus will perform an exclusive one-off show at the Powerhouse Museum and a new line up of cutting edge, innovative performances will be held across the city at new venues Goodgod Small Club, Oxford Art Factory and Freda’s, with the Seymour Centre, The Basement, The Argyle and Barrio Cellar part of the line-up again in 2015.

Part of the Vivid Music program, Vivid LIVE at the Sydney Opera House features a 10-night run of exclusive Sydney-only performances and for the first time will also include two large scale outdoor events, internal light projections and an event for kids and families. Features include four exclusive performances from Morrissey, Daniel Johns in his international solo debut, Sufjan Stevens in his only Australian performances and FCX — 10 Years of Future Classics featuring Flume and Flight Facilities.

With a line-up of heavy-hitting speakers, Vivid Ideas introduces The Game Changers, a new talk series this year headlined by three global influencers: multi Emmy-winning writer Matthew Weiner, series creator and executive producer of Mad Men and former executive producer and writer on The Sopranos; Grammy-winning designer Stefan Sagmeister, whose clients include the Rolling Stones, Lou Reed and the Guggenheim Museum; and entrepreneur and publisher Tyler Brule, founder of the world-famous magazines Wallpaper and Monocle.

“With such an amazing festival planned, Destination NSW will continue to work with the travel industry to encourage visitation to Sydney from across Australia and the globe for this incredible event. We aim to build on the results from last year when more than 20,000 international visitors travelled to Sydney on dedicated Vivid Sydney travel packages,” Ms. Chipchase said.

Vivid Sydney will also work with event partners, land owners and a new accessibility specialist to build on the positive initiatives undertaken last year.

“A new sustainability partnership with The Banksia Foundation will also further develop Vivid Sydney’s sustainability agenda which includes recycling assets, environmental waste management practises and improved energy efficiency,” she said.

Vivid Sydney welcomes the return of Intel, a world-leader in computing technology, as event partner for the fifth consecutive year. 2015 Supporters include Sydney Harbour Foreshore Authority, City of Sydney, Sydney Opera house, The Star, Canon, Indeed, 32 Hundred Lighting, Oracle and TDC.

Some of the highlights of Vivid Sydney 2015 program:

Where

What

When

Sydney Opera House

Design collective Universal Everything will be Lighting the Sails with spectacular projections.

Nightly from 6pm

Customs House

Enchanted Sydney by Spinifex, a continually evolving and blossoming world with free-flowing images of Sydney’s flora and fauna.

Nightly from 6pm

MCA (sandstone original building)

Mechanised Colour Assemblage by Danny Rose and Rebecca Baumann transforms the MCA into a series of sound and colour machines.

Nightly from 6pm

Sydney Harbour, Circular Quay, The Rocks and Walsh Bay

Harbour Lights returns with boats lit up, floating on the Harbour in a symphony of colour, Paint the Town allows visitors to illuminate the city’s skyscrapers, plus more than 60 light installations adorn the harbour foreshore.

Nightly from 6pm

Martin Place

The daytime centre of the city is illuminated at night with installations including Transcendence, an impressive towering structure featuring mesmerising projection mapping, code-driven light shows and divine fare from Sydney’s hippest purveyors of food and beverage.

Nightly from 6pm

Darling Harbour

Vivid Laser-Fountain Water Theatre presented by Oracle-Liquid is a choreographed audio visual symphony featuring fountain jets and spirals, colour lighting, rainbow lasers and dancing flames.

Nightly from 6pm

Central Park

STREETS AHEAD featuring projections from contemporary artists Reko Rennie and Beastman onto the heritage Carlton & United Brewery façade, plus Silent Discos every Friday and Saturday.

Nightly from 6pm

University of Sydney

Vivid Path to the Future, a week long program of light, music and ideas with spectacular 3D mapped projections and a light walk.

25 – 31 May

Pyrmont & The Star

Vivid Sydney Game Zone, a buzzing multisensory entertainment precinct with interactive installations at Pyrmont Bay Park and Sky Terrace at The Star.

Nightly from 6pm

Chatswood

Aquatic Wonderland, a mesmerising water world featuring giant sea creatures and an animated aquarium, culminating in a beautifully-illustrated 3D animation set over the façade of The Concourse.

Nightly from 6pm to 11pm.

Vivid LIVE at Sydney Opera House

Morrissey, Daniel Johns, Sufjan Stevens and FCX – 10 Years of Future Classic featuring Flume and Flight Facilities.

22 May to 8 June

Vivid Music

Hoodoo Gurus at Powerhouse Museum, Modulations at Carriageworks, the Seymour Centre and new venues Oxford Art Factory, Freda’s and Goodgod Small Club.

22 May to 8 June

Vivid Ideas

The Game Changers talk series with Matthew Weiner, Stefan Sagmeister and Tyler Brûlé, plus the Vivid Ideas Exchange sessions at the MCA.

22 May to 8 June

Travel packages to be announced. For more information on Vivid Sydney visit www.vividsydney.com.

The full Vivid Sydney media kit, broadcast quality footage and high-res imagery including 2015 Vivid Sydney light renders and footage of 2014 festival highlights is available at www.vividsydney.com/media-centre.

NOTES TO EDITORS – Further background on Vivid Sydney

VIVID LIGHT

From 6pm to midnight each evening, Vivid Sydney will transform the city and surrounds into a night time playground for small and big kids alike. Vivid Light Walk installations follow a playful theme with illuminated swings, a grand scale Duck Duck Goose game, musical stacking dice and Vivid’s largest multi-player experience, INTER/Play at Cadmans Cottage.

There’s also no shortage of big and small creations and visitors can expect a human brain, graceful dresses, an enormous Rococo pig, curious monsters and a giant crochet dolly who just wants a hug.

New, interactive installations and projections will see many create their own art and this year for the first time, visitors will literally be able to Paint The Town! as they colour the city’s skyline over Circular Quay with state of the art lasers controlled by interactive touch screens, setting the stage for collaborative design or lighting battles.

VIVID MUSIC

Music at Vivid Sydney will continue to pulse through the city and sound a new vibe, showcasing local and international talent at more venues than ever before, taking Vivid Music to a wider audience.

ARIA Hall of Fame legends, the Hoodoo Gurus will perform a Sydney exclusive one-off show at the Powerhouse Museum, Be My Guru: Evolution, Revolution. Founding Guru Dave Faulkner will be joined on stage by all members of the band, as the Guru’s evolve from their 1980s beginnings to now, backed by Hoodoo Guru memorabilia from the Powerhouse collection.

Modulations at Carriageworks returns featuring performances from Grammy Award-winning American jazz saxophonist Pharoah Sanders, and Bill Drummond, co-founder of late 1980s avant-garde pop group The KLF.

One-off events that simply can’t be missed include Soul of Sydney, the city’s best Soul Train party experience, Heaps Gay presented by FBi Radio at the Factory Theatre and Toby’s Cosy Nook, an evening of sophisticated and eclectic music, art and cabaret.

Vivid LIVE at the Sydney Opera House is part of Vivid Music.

VIVID IDEAS

Asia Pacific’s annual celebration of innovation, creativity and community, Vivid Ideas is all about turning inspiration into action and there’s plenty about the 2015 program to inspire with events at more than 30 venues across the city.

Creative conferences and public events will activate venues across the city, spanning the creative sector including STREETS AHEAD, showcasing the contemporary street art movement and the reach of this global trend, The Sunrise: The Silicon Valley Myth Explained bringing together Australia’s biggest technology success stories to explore the key factors needed to create a Silicon Valley right here in the Southern Hemisphere, and Game | ON a three-day event diving into the world of games, e-sports and online video content.

The Vivid Ideas Exchange also returns with over 60 sessions presented by industry experts across the creative sector, from architecture to augmented reality, marketing to media.

FAST FACTS FROM VIVID SYDNEY 2014

  • Over 1.43 million attendees
  • Injected $41.3 million into the NSW visitor economy
  • Almost 90,000 people from outside Sydney, including almost 30,000 visitors from overseas came to experience Vivid Sydney. Of these 30,000 international visitors, more than 20,000 purchased Vivid Sydney travel packages, including over 9,700 visitors from China
  • Named Australia’s Best Tourism Event In 2014 (and Australian Event of the Year in 2013) and Helpmann Awards Best Special Event in 2014
  • Media coverage in more than 190 countries and territories
  • More than 37,000 tickets sold for Vivid LIVE
  • More than 34,000 people attended Vivid IDEAS
  • More than 15,000 tickets sold for Vivid Music
  • Average Vivid Sydney Facebook reach – 2.8 million people a day (3.49 million on Vivid Sydney launch day on May 23)
  • 873,995 likes on the Vivid Sydney Facebook page
  • More than 1,600,000 visitors to vividsydney.com
  • 60,559 downloads of the Vivid Sydney app and VividSnap
  • More than 95,000 images tagged with #vividsydney on Instagram.

“Asia Hotel Art Fair Hong Kong 2015” – Walk Along the “Beyond The Space” Public Art Trail at Harbour City

An Appreciation of the Best Contemporary Artworks at the Marco Polo Hong Kong Hoteland Walk Along the “Beyond The Space” Public Art Trail at Harbour City

HONG KONG, March 13, 2015 /PRNewswire/ — As the largest and most diverse shopping mall in Hong Kong, Harbour City has always embraced a mantra of “Bring Art into Life” by exhibiting eclectic artwork and styles from around the world for the public to see. Harbour City continues onwards from last year’s success to collaborate with Asia Hotel Art Fair Committee and Marco Polo Hong Kong Hotel and jointly organize the 6th AHAF Hong Kong 2015. The showcase will feature over 5,000 pieces of the best contemporary Asian artworks from more than 70 regional galleries.

Various mega art installations from around the world will be displayed in “Beyond the Space” Public Art Exhibition at Harbour City

Various mega art installations from around the world will be displayed in “Beyond the Space” Public Art Exhibition at Harbour City

 

The 6th AHAF Hong Kong 2015 will feature over 5,000 pieces of contemporary Asian artworks from more than 70 regional galleries.

The 6th AHAF Hong Kong 2015 will feature over 5,000 pieces of contemporary Asian artworks from more than 70 regional galleries.

 

Art-themed window display and menu of Lane Crawford and French fine dining restaurant EPURE

Art-themed window display and menu of Lane Crawford and French fine dining restaurant EPURE

 

More photos of AHAF 2015 can be downloaded here: https://www.dropbox.com/sh/hssc6n8jud07iqf/AAB9v4DqNPdeR-f8l80mtpgLa?dl=0

AHAF Hong Kong 2015 will again expand the scale and extend the fair within Harbour City’s shopping mall and public space by hosting the Beyond the Space” Art Exhibition at different locations throughout Harbour City. Japanese artist Yuki Matsueda who gained a reputation for his surreal 3-dimensional artworks — will exhibit his largest art piece ever, The King’s Vacation, at the Ocean Terminal Forecourt of Harbour City. Meanwhile, Harbour City’s “Gallery by the Harbour” will exhibit the hand-drawn drafts and photos of “wrapping” public buildings, bridges and even coastlines created by internationally-acclaimed “Land Art” artists Christo and his wife, Jeanne-Claude. Atrium I and II of Gateway Arcade will also exhibit contemporary sculptures from Korean artists, BYUN Kyung-soo and KIM Byung-jin.

Moreover, Harbour City invites children to participate in the “Exchange Smile!” charity campaign and submit their smiling face paintings from now till 22nd March, 2015. Harbour City will donate a new box of coloured pencils to “The Salvation Army” for each work collected. All coloured pencils will be given to children in need. Collected works may also be displayed at “Little Art Castle” at Ocean Terminal of Harbour City in March. 

Harbour City also partners with several fashion brands including 3.1 Phillip Lim, ANTEPRIMA WIREBAG, ATSURO TAYAMA, Furla, Lane Crawford, PENNYBLACK & Paul Smith to organize the Fashion Hearts Art campaign. Boutiques will feature artistic in-store arrangements in the format of window displays, pop-up exhibitions and installations. During the weekend of 14-15 Mar, special offers will be also available to delight shoppers in designated stores. On the other hand, EPURE, a French fine dining restaurant in Harbour City has created a special art menu on 11 – 29 March. Let’s enjoy the delicious food and taste the art!

Activity

Venue

Period

Fee

AHAF “Beyond the Space” Public Art Exhibition

Ocean Terminal Forecourt, Gallery by the Harbour, Atrium I & II of Gateway Arcade @ Harbour City

11 Mar to 29 Mar 2015

Free

Asia Hotel Art Fair Hong Kong 2015

7th to 8th Floor, Marco Polo Hongkong Hotel

14 Mar to 16 Mar 2015

HK$100

“Little Art Castle”

Atrium & Corridor, Ground Floor, Ocean Terminal @ Harbour City

From now till 29 Mar 2015

Free

“Fashion Hearts Art” Campaign

Designated boutiques in Harbour City

13 Mar to 29 Mar 2015

Free

“Taste the ART” Menu

EPURE (Shop 403, Level 4, Ocean Centre, Harbour City)Tel: 3185 8338

11 Mar to 29 Mar 2015

HK$1,488

(5 Courses)

“Beyond the Space” Public Art Exhibition at Harbour City

AHAF Hong Kong 2015 will further extend the popular exhibition and launch the “Beyond the Space” Public Art Exhibition at Harbour City. To bring art closer to the public, mega art installations, sculpture works, paintings and photographs by artists from around the world will be displayed at different locations around the mall.

a) The King’s Vacation by Yuki Matsueda @ Ocean Terminal Forecourt

After graduating with a PhD in Design from the Tokyo University of the Arts, Japanese artist Yuki Matsueda has gained a global reputation for his 3D artworks and “escaping” graphics. The artist has been known for capturing the incredible moments when ordinary objects escape from their graphics which result in some lively 3D works.
Matsueda made sure to go big for his first ever outdoor exhibition as he created his largest art piece ever, The King’s Vacation. The art piece comprises of four giant light box sculptures in the shape of playing cards (2m x 1.45m x 0.6m, H x L x W). The works are made using acrylic to freeze the kings as they leap from the center of the card. Trapped in the card, the kings try desperately to escape from the frame. Eight chairs in the shapes of spades, hearts, clubs and diamonds will be placed around the card to let the public engage in this interesting and fun body of work. 

b) Memory Scape by Christo and Jeanne-Claude @ Gallery by the Harbour

The Memory Scape art exhibition at “Gallery by the Harbour” will showcase the legendary works of internationally-acclaimed “Land Art” artists Christo and his wife, Jeanne-Claude. The duo are widely known for their life-long commitment to public art. Their most famous and unique “Land Art” creations feature wrapped public buildings, bridges and even coastlines to create new ways of seeing familiar landscapes.

Christo and Jeanne-Claude began their collaborative art careers in Paris in the late 1950s and spent many years creating highly celebrated works of art across the globe, including Running Fence (California, 1976), Surrounded Islands (Florida, 1983), The Umbrellas (Japan, 1984 – 1991) and Wrapped Reichstag (Berlin, 1971 – 1994). Gallery by the Harbour will showcase the legendary works of Christo and Jeanne-Claude including precious hand-drawn drafts and photos, bringing you into the memory scape of the couple’s artistic life.

c) Lovely by Kim Byung-jin @ Atrium II, Gateway Arcade

Korean artist Kim Byung-jin graduated from Suwon University with a Master’s degree in Sculpture. Combining familiar worlds, his unique sculptures are a reflection of the effect of language as a cultural phenomenon in society. The word “love,” for example, which features in this set of exhibits, is the artist’s way of displaying the concept of love as it becomes a cultural and commercial trend. His colourful work for this exhibition, titled Lovely, is composed of a pair of black (H 2.5m) and white ducks (H 1.55m) as well as a red apple (H 1.4m).

d) The Bitter Sweet Life by Byun Kyung-soo @ Atrium I, Gateway Arcade

Korean artist BYUN Kyung-soo obtained a Master’s degree in sculpture from the Slade School of Art in London and the Seoul National University respectively. With the notion that people have been alienated thanks in part to communication through the internet, he created the series, The Bitter Sweet Life. Several sculptures were made of fiberglass, in similar looks but different colours. The artist wishes to express that although the distance between people may often seem very far, we can bring each other closer through communication. As his sculptures are hard to distinguish without any facial expressions, you may still recognize them by their unique gestures if taking a closer look and understanding the concept from a more profound perspective. 

Little Art Castle @ Harbour City

A little art castle and color pencil trains will be displayed at G/F, Ocean Terminal of Harbour City. Shoppers can also be the Little King & Queen taking photos with the cute soldiers. Artworks collected from “Exchange Smile” charity program will also be displayed on the castle walls and trains. Within a specified period on weekends, public can take the opportunity to exchange art through draw creatively from your imagination on cardboard and display it on the castle wall!  

Harbour City Enquiry Hotline: (852) 2118 8666 

Website: www.harbourcity.com.hk
Facebook : @harbourcity   #harbourcity #hcart
Twitter: @hkharbourcity #harbourcity
Instagram: @harbourcity  #harbourcity #hcart

Photo – http://photos.prnasia.com/prnh/20150313/8521501584-a
Photo – http://photos.prnasia.com/prnh/20150313/8521501584-b
Photo – http://photos.prnasia.com/prnh/20150313/8521501584-c
Logo – http://photos.prnasia.com/prnh/20140721/8521404095LOGO

Classic & Sports Car – The London Show

LONDON, March 12, 2015 /PRNewswire/ —

  • All-new London classic car show brought to you by the world’s best-selling classic car magazine, Classic & Sports Car
  • Classic & Sports Car – The London Show will feature more than 300 of the world’s most prestigious classic cars
  • Event held at Alexandra Palace, one of London’s most famous venues, offering dramatic views of the capital
  • Show runs from 30th October to 1st November 2015.
    Tickets on sale 1st June.

More than 300 of the world’s rarest and most valuable classic cars will descend on one of London’s most famous venues thanks to an all-new historic motoring event: Classic & Sports Car – The London Show. 

https://youtu.be/_8hTwiBKHDM

Brought to you by the experts behind the world’s best-selling classic car magazine, Classic & Sports Car, this new show will bring together motoring icons from world-famous collectors, manufacturers and classic car retailers. Running from 30th October to 1st November 2015, the home of Classic & Sports Car – The London Show will be Alexandra Palace, one of the capital’s most famous venues; birthplace of the BBC’s first broadcast and a venue offering panoramic views of London.

Embodying the values of Classic & Sports Car magazine, Classic & Sports Car – The London Show will bond together all enthusiasts. James Elliott, group editor, Classic & Sports Car magazine explained: “We are putting everything we know into this show. At Classic & Sports Car, passion counts for everything. Whether you’re one of the world’s richest collectors or simply a classic car enthusiast, you’ll be warmly welcomed at Alexandra Palace.”

Classic & Sports Car – The London Show has been timed to coincide with The Bonhams London to Brighton Veteran Car Run and Regent Street Motor Show, when London is a magnet for global enthusiasts. Sir Stirling Moss OBE said: “To me, London is the centre of the world and it’s essential that it has a top-quality classic car show. Alexandra Palace is the perfect venue and, with Classic & Sports Car being the world leader in its field, people should definitely add this event to their diaries.” 

Masterminded by Classic & Sports Car and Haymarket Exhibitions, the new show will be supported by Haymarket’s expert motoring titles, including Autocar, Autosport, F1 Racing, Motorsport News and PistonHeads.

For more information, go to http://www.classicandsportscar.com/show

Press contact: Sam Hardy, Influence Associates. Tel +44(0)2072-879-610
Email: samh@influenceassociates.com