Will small be beautiful for the millennial generation?

*By Dave Rittvo Matching the size of the resort to market opportunities and appealing to the millennial generation have emerged as two key themes when it comes to integrated resort design. It has become especially relevant in Asia, where changing regulations and the decrease in the importance of the VIP sector are having a major impact on markets around the region. Development opportunities in Asia are shifting towards smaller, right-sized “integrated resorts” that might focus on entertainment offerings rather than large convention and meeting spaces as its anchors. There is no doubt that if Japan passes legislation to allow for integrated resorts in the major cities, the developments could be the single largest IR’s in the world. Outside of that opportunity and possibly a couple of other city center IR’s where gaming is currently illegal, the next IR development opportunities will have to be smaller and more nimble. Some of the emerging markets that...

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