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# Sands China results disappoint
- URL: https://hospitality.pro/sands-china-results-disappoint/
- Published: 2016-04-22T01:10:12.000Z
- Updated: 2016-08-16T08:16:09.000Z
- Author: Holedo
- Tags: Hospitality Industry News, Earnings Dividends & Forecasts, News, Related Industry News, #wordpress, #Import 2026-04-16 12:15

Sands China’s shares dropped as much as 4.9 percent on Thursday after the Macau casino operator posted lower-than-expected first-quarter earnings.  
Morgan Stanley says Sands China’s property EBITDA of US$511 million missed estimates by 9 percent. Analysts attribute it to bad debt provisions, weak hotel revenue and loss of turnover rent, Reuters reported.