Macau casino operator SJM Holdings plans to increase the number of rooms at the Kotai Resort Grand Lisboa Palace by about 40% in time for the Chinese Spring Festival holiday, which begins Saturday, to 692 total rooms available, Goldman Sachs LLC said in a note on Monday.

SJM Holdings aims to open its second Grand Lisboa Palace Hotel Tower ahead of Chinese New Year, increasing the number of rooms by about 200 to 692, according to notes […]