SJM Grand Lisboa Palace Could Be Swift EBITDA DriverWritten by: Todd Shriber

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SJM Holdings’ Grand Lisboa Palace is forecast to be a quick contributor to the operator’s bottom line. Fitch Ratings projects the property will drive earnings before interest, taxes, depreciation and amortization (EBITDA) of $258 million in 2022 with that figure surging to $450 million in 2023. Fitch forecasts adjusted net debt/earnings before interest, taxes, depreciation,
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