Genting Malaysia should open its Genting SkyWorlds theme park in time for Chinese New Year having failed to open it by its December target.
Maybank RB analyst Samuel Yin Shao Yang said visitation to the property had been ‘robust and comparable to 3Q20’ when it has 4m visitors.”
He said: “The Google Mobility Retail & Recreation Index, which measures interest in retail and recreation relative to pre-COVID-19 times, indicates that Malaysians are a lot more comfortable outdoors today which is very positive for RWG. Google Trends, which measures search interest in a particular term, also indicates that RWG is ‘front of mind’ for many Malaysians during holidays if the Omicron variant is kept at bay. The upcoming Chinese New Year ought to be good for RWG.”