Agreed. Genting has the foresight:
1. 2-3 major big solar cell factories under construction in Jurong - many top exe mgmt from German occasionally visit their factories in Jurong, thus required a hotel
2. Jurong/Tuas is known as a hub for all important pharmaceutical companies in SG. Many business travellers there
3. Cater for business travellers to Biopolis, Fusionpolis, Jurong Island Petrochemical hub & etc
4. Overseas grad studying at NTU - many China students parents may stay nearer to this hotel during commencement week or convocation week
5. NUS not far too for same reason as (4)
6. RWS always hit 90% occupancy rate. This hotel can be a stop over to JB using 2nd link - LEGOLAND & Hello Kitty park are there, plus the Premium Outlet by Genting is expanding as well
7. Incentive from govt for JLD development. Who know what are the benefits Genting get for being the first to establish a hotel there
8. Already 4 shopping malls there. If u been to JEM, the layout n brand quality & shop mix are equally good if not better than Orchard
9. Think about medical industry - new hospital coming, accompanied overseas patients family need to find hotel to stay
Who said can't make money.....think twice for those naysayers...