Melco Crown’s latest leadership appointments represent a “significant change” in its operational organizational structure, said Bernstein in a note on Monday.
Melco opened the VIP-focused Altira in May 2007. The 38-storey complex on Taipa island has about 230 guest rooms, with 24 VIP suites and 8 villas. It features fine dining, including the Italian restaurant, Aurora, Japanese restaurant, Tenmasa and Chinese restaurant, Ying, as well as spa facilities. It was formerly known as Crown Macau, until the opening of the City of Dreams in 2009, which features the Crown Towers as part of the complex.