Publicly traded Genting isn’t telling investors much about their Resorts World Miami property in downtown Miami.
In a presentation prepared for the CLSA Investors’ Forum in Hong Kong last week, discussion of the Miami property was limited to half a page, buried at the very end.
Genting noted that for the full year 2015, the Hilton hotel that the company owns at the Omni enjoyed 83% occupancy.
The company also told investors that they have gained approval for a mixed-use project on the 30-acre parcel (no records of such an approval are on file at Miami’s Planning and Zoning Department.)