GlobeNewswire Inc | Feb 16, 2021 08:02AM EST

February 16, 2021

Entire property portfolio receives top tier recognition Altira Macau celebrates 12th consecutive year as Five-Star award recipient

MACAU, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been honored by 2021 Forbes Travel Guide (FTG) with a collective total of 97 Stars, including 17 Five-Star awards, leading among Macau & Asias integrated resort operators. The Companys entire integrated resort portfolio, including City of Dreams, Studio City, Altira Macau and City of Dreams Manila have received the top tier recognition. The esteemed achievement highlights Melcos dedication to exceptional hospitality across FTGs three categories; Hotels, Restaurants and Spas.

Notably, Altira Macau celebrates its 12th consecutive year as FTG Five-Star award recipient across both Hotel and Spa categories.

Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco, said, As one of the worlds most prestigious and renowned travel standards, we are honored that our entire portfolio of integrated resorts is once again recognized by Forbes Travel Guide. This is a further testament to Melcos commitment to excellence and the Companys contribution in pushing boundaries to provide the most memorable and exciting experiences for our guests. We thank our team for their dedication and for helping establish Melco as a leading integrated resort operator.

Melco properties and facilities awarded 2021 Forbes Travel Guide distinctions are as follows:

Melco 2021 Forbes Travel Guide Five-Star Ratings:Hotels Restaurants SpasMorpheus, City of Alain Ducasse at Morpheus, Morpheus, Morpheus Spa, City ofDreams Macau City of Dreams Macau Dreams MacauNwa, City of Y, Morpheus, City of Dreams Macau Nwa Spa, City ofDreams Macau Dreams MacauStar Tower, Studio Jade Dragon, Nwa, City of Dreams Zensa Spa, Studio CityCity MacauAltira Macau Pearl Dragon, Studio City Altira Spa, Altira MacauNwa, City of Tenmasa, Altira Macau Nwa Spa, City ofDreams Manila Dreams Manila Ying, Altira Macau Aurora, Altira Macau

In December 2020, Melco properties including Morpheus at City of Dreams, Star Tower at Studio City, Altira Macau and Nwa at City of Dreams Manila became among the first hotels and resorts in the world to achieve the Sharecare Health Security VERIFIED with Forbes Travel Guide certification, a comprehensive facility verification based on a propertys compliance with expert-validated best practices to minimize the risk and impact of COVID-19 and potential future public health events.

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), an integrated resort located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (Cyprus Casinos). Upon the opening of City of Dreams Mediterranean, the Company will continue to operate the satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com.

The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

For media enquiries, please contact: Chimmy Leung Executive Director, Corporate Communications Tel: +852 3151 3765 Email: chimmyleung@melco-resorts.com