Excitement builds ahead of the official unveiling of the groundbreaking 

MACAU, CHINA - Media OutReach - June 14, 2018 - The countdown to the official unveiling of Morpheus hotel at City of Dreams -- "The Icon of the New Macau" -- reached fever pitch today as more than 100 media from across Asia were given a sneak peek ahead of the Grand Opening tomorrow, June 15. The media in attendance were given a tour of the unique architectural masterpiece designed by the late Pritzker Prize-winning architect Dame Zaha Hadid DBE and were ^[1]introduced to the highlights of the stunning new Phase III development of City of Dreams, of which Morpheus is the cornerstone.

Morpheus, the late Dame Zaha Hadid-designed architectural masterpiece to fulfil the dreams of tomorrow's most sophisticated international travelers, is counting down to unveil tomorrow on June 15.

Legendary chef Alain Ducasse at his Alain Ducasse at Morpheus restaurant, which is his first fine dining outpost in Macau that will serve up his signature expression of French contemporary haute cuisine.

"Good Intentions" by world-renowned artist KAWS at Art on 23, a contemporary visual art gallery at Morpheus.

The first hotel brand to be wholly developed and created by MelcoResorts & Entertainment, Morpheus sets a new benchmark for ultra-luxury hospitality in Macau and features a spectacular collection of "world's firsts". The world's first free-form exoskeleton-bound high-rise architectural design, Morpheus incorporates a number of architectural and technological breakthroughs that make it a one-of-a-kind marvel, both inside and out.

AWE-INSPIRING LUXURY

The media were given a privileged preview at Morpheus's ultra-luxurious duplex villa. The sleek and plush rooms echo the building's groundbreaking architecture to give guests a unique and contemporary ultra-luxurious experience.

CULINARY FIRSTS

The hotel's alluring array of dining options includes a global culinary first: the World of Ducasse at Morpheus. In partnership with legendary chef Alain Ducasse, Morpheus is the first hotel in the world to feature an entire floor dedicated to two Ducasse restaurants (Alain Ducasse at Morpheus and Voyages by Alain Ducasse) and the Voyages Bar.

Among the other gastronomic highlights are: The Universe of Pierre Hermé, the first partnership between Maison Pierre Hermé Paris and a hotel property in Greater China, which brings the unique universe of tastes, sensations and pleasures created by "the Picasso of Pastry" and 2016 World's Best Pastry Chef, Pierre Hermé, to Macau; and Yí at the Sky Bridge, which is designed by the Zaha Hadid team and is the only Chinese fine-dining restaurant in Asia to present a blend of regional Chinese cuisines served omakase-style.

WORLD-EXCLUSIVE CONCEPTS

The tour also stopped by the Morpheus Spa, which not only features a range of world-exclusive concepts, globally acclaimed brands, and cutting-edge treatment programs, but a number of world-firsts, including its in-house Spa Butler concept and Snow Garden installation -- the first spa concept in the world to feature real snow. Media also viewed Morpheus' signature Sky Pool, which is located 40 stories up, a dizzying 130 meters above the ground.

A NEW DESTINATION FOR THE COOLEST SUPER-BRANDS

Morpheus' exclusive 12,000 sq ft retail destination was another key highlight of the tour. As well as housing sought-after designer brands such as Proenza Schouler, Thom Browne and Repossi, it also features a 'gift lab' that offers an ever-evolving collection of some of the most bespoke and sought-after branded merchandise from around the world, in addition to one-of-a-kind stamp and embroidery services. Conceived as a unique and creative interactive experience for guests, the retail space at Morpheus will also host pop-ups with must-have brands and special product partnerships with contemporary artists, including concept takeovers and exclusive displays of the artists' work.

In addition, one of the stunning highlights under City of Dreams' Phase III development is the brand new innovative and dynamic World Design Space at T Galleria by DFS. It celebrates young design forces with over 30 new lifestyle brands from around the world, among which over 20 are exclusively available at World Design Space, including the all-new Mrs. Moncler pop-up store.

ART THAT THRILLS

Some of the new art installations located throughout City of Dreams include '200 LITOFAIRHOUR' (meaning 200 cubic meters of air per hour, the volume of air required to put up the installation) by French artist Charles Pétillon, in which six-meter-high fabric bubbles create a floating cloud above the energy and excitement of the ground below; 'Echoes Infinity' by Japan's Shinji Ohmaki, which comprises a corridor of exquisite floral panels; and 'Good Intentions' by KAWS, a large-scale sculpture showing two of his famous character designs as parent and child that is on display at Art on 23, a contemporary visual art gallery at Morpheus.

Mr. David Sisk, Property President of City of Dreams, Macau, said: "It's rare, even in the world of luxury, when a project of this scale maintains a focus on details to the level found here in Morpheus.  It's a game changer for Macau, a new benchmark for integrated resorts, and a perfect example of how Melco always does things differently." 

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties.

Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the gaming market and visitation in Macau and the Philippines, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) gaming authority and other governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "target", "aim", "estimate", "intend", "plan", "believe", "potential", "continue", "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.

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 casino gaming and entertainment casino resort facilities in Asia. The Company currently operates Altira Macau (www.altiramacau.com), a casino hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban casino 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 entertainment, retail and gaming resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreams.com.ph), a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila. 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.

About City of Dreams

City of Dreams is an integrated entertainment resort that has established itself as a premier leisure and entertainment destination in Macau. Located in the heart of Cotai in Macau, it combines electrifying entertainment, a diverse array of accommodation, regional and international dining, designer brand shopping and a spacious and contemporary casino. The resort brings together a collection of world-renowned brands including Grand Hyatt and Dragone to create an exceptional entertainment experience that aims to appeal to a broad spectrum of visitors from around Asia and the world. City of Dreams features a 420,000-square-foot casino with approximately 475 gaming tables and approximately 670 gaming machines; over 20 restaurants and bars; an impressive array of some of the world's most sought-after retail brands; "The House of Dancing Water", the world's largest water-based extravaganza showcased in the purpose-built Dancing Water Theater, represents the live entertainment centerpiece of City of Dreams' overall leisure and entertainment offering. A comprehensive range of accommodation options at City of Dreams include Nüwa offering approximately 300 guest rooms, The Countdown offering approximately 300 guest rooms and Grand Hyatt Macau offering approximately 800 guest rooms. In addition, Morpheus, the new hotel at City of Dreams designed by the late legendary architect Dame Zaha Hadid, is expected to commence operation on June 15, 2018, offering approximately 770 rooms, suites and villas. For more information please visit: www.cityofdreamsmacau.com (Official Website) and www.cityofdreamsmedia.com (Media Portal). For The House of Dancing Water information, please visit www.thehouseofdancingwater.com (Official Website) and www.thehouseofdancingwatermedia.com (Media Portal).

References

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