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Melco achieves top result in MICHELIN Guide Hong Kong & Macau 2026

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Melco (NASDAQ:MLCO) announced it led Macau in the MICHELIN Guide Hong Kong & Macau 2026 with eight MICHELIN Stars across five restaurants. City of Dreams holds six Stars; Jade Dragon retained Three MICHELIN Stars and Alain Ducasse at Morpheus kept Two MICHELIN Stars.

Pearl Dragon, Ying and Sushi Kinetsu each retained One MICHELIN Star, while Yí received a MICHELIN recommendation. The honors were unveiled on March 19, 2026, highlighting Melco’s continued culinary recognition in Macau.

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Positive

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Negative

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Key Figures

Total MICHELIN Stars: 8 MICHELIN Stars Restaurants Covered: 5 restaurants City of Dreams Stars: 6 MICHELIN Stars +5 more
8 metrics
Total MICHELIN Stars 8 MICHELIN Stars Across five Melco restaurants in Macau in 2026 guide
Restaurants Covered 5 restaurants Melco venues in City of Dreams, Studio City, Altira Macau
City of Dreams Stars 6 MICHELIN Stars City of Dreams total in MICHELIN Guide Hong Kong & Macau 2026
Jade Dragon Stars 3 MICHELIN Stars Retained in 2026 MICHELIN Guide
Jade Dragon Streak 8 consecutive years Holding Three MICHELIN Stars (2019–2026)
Alain Ducasse Stars 2 MICHELIN Stars In 2026 MICHELIN Guide for Morpheus restaurant
Alain Ducasse Streak 8 consecutive years With Two MICHELIN Stars (2019–2026)
Guide Edition 18th edition MICHELIN Guide Hong Kong & Macau ceremony mentioned in article

Market Reality Check

Price: $5.50 Vol: Volume 933,685 is about 0...
low vol
$5.50 Last Close
Volume Volume 933,685 is about 0.43x its 20-day average of 2,188,269, indicating muted trading interest pre-announcement. low
Technical Shares at $5.56 are trading below the $7.86 200-day moving average, reflecting a pre-existing downtrend.

Peers on Argus

MLCO was down 2.11% while peers were mixed: HGV and CZR up modestly (around 0.3%...

MLCO was down 2.11% while peers were mixed: HGV and CZR up modestly (around 0.3%), MTN down 4.76%, PENN slightly negative and RRR down 2.32%, pointing to stock-specific dynamics rather than a unified sector move.

Historical Context

5 past events · Latest: Feb 26 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 26 ESG recognition Positive +0.8% Inclusion in S&P Global Sustainability Yearbook after stronger ESG assessment.
Feb 12 Q4 2025 earnings Positive -12.5% Reported Q4 and full-year 2025 revenue, net income and EBITDA metrics.
Feb 11 Service awards Positive -12.5% Achieved most Forbes Travel Guide Five-Star Awards among integrated resort operators.
Feb 05 Earnings date set Neutral -1.6% Announced timing and access details for Q4 and full-year 2025 results.
Nov 06 Q3 2025 earnings Positive +3.8% Reported higher YoY revenues and EBITDA with detailed regional performance.
Pattern Detected

Service- and award-related news has not consistently driven upside; some highly positive recognition coincided with notable share price declines.

Recent Company History

Over the past months, Melco has highlighted both operational and reputational milestones. Earnings in Q3 2025 and Q4 2025 showed billion‑dollar quarterly revenues and positive net income, yet reactions were mixed, including a -12.5% move after Q4. Separately, recognition such as inclusion in the S&P Global Sustainability Yearbook 2026 and holding the most Forbes Travel Guide Five-Star Awards underscored ESG and service leadership. Today’s MICHELIN accolades extend that quality narrative for its Macau properties.

Market Pulse Summary

This announcement highlights Melco’s continued strength in high-end dining, with 8 MICHELIN Stars ac...
Analysis

This announcement highlights Melco’s continued strength in high-end dining, with 8 MICHELIN Stars across 5 Macau restaurants and long multi-year star streaks at Jade Dragon and Alain Ducasse at Morpheus. Combined with prior Forbes and ESG recognition, it reinforces a consistent quality and branding story around the City of Dreams and other properties. Investors may watch how such accolades translate into visitation, spend, and future earnings alongside broader Macau and tourism trends.

AI-generated analysis. Not financial advice.

MACAU, March 19, 2026 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has once again solidified its position as a global leader in fine dining, leading Macau in MICHELIN Guide Hong Kong & Macau 2026 with eight MICHELIN Stars across five of its restaurants located in City of Dreams, Studio City and Altira Macau. City of Dreams proudly stands as Macau's premier gastronomic destination, holding six MICHELIN Stars, the most of any integrated resort in the city.

Unveiled today at the esteemed guide’s 18th edition ceremony, this year’s results see City of Dreams’ Cantonese fine dining restaurant Jade Dragon retain its notable Three MICHELIN Star status for the eighth consecutive year, and Alain Ducasse at Morpheus granted Two MICHELIN Stars for the eighth consecutive year. Additionally, Melco’s signature Cantonese‑Chaozhou restaurant Pearl Dragon at Studio City and Cantonese restaurant Ying at Altira Macau, and Japanese restaurant Sushi Kinetsu at City of Dreams each proudly maintain their One MICHELIN Star honors. Innovative Chinese restaurant  at City of Dreams was also recommended by the MICHELIN Guide Hong Kong Macau 2026.

Mr. Lawrence Ho, Chairman & CEO of Melco, said, “It is truly a privilege to have our culinary teams recognized by the MICHELIN Guide Hong Kong & Macau in this historic centenary year of the MICHELIN Star. Over the years, our team has consistently maintained its exceptionally high standards, demonstrating professionalism and a commitment to quality. These prestigious accolades are a result of the tireless efforts and close collaboration of our Colleagues; their commitment to excellence is the cornerstone that drives us forward. 

“Looking ahead, we remain dedicated to supporting Macau’s development as a UNESCO Creative City of Gastronomy in consistently delivering world-class, innovative dining experiences. We eagerly anticipate welcoming our guests from around the world to savor the exceptional cuisine and culinary artistry we have to offer.”

At the MICHELIN Guide Ceremony which took place today in Macau, Melco properties’ restaurants received the following honors:

Jade Dragon – 3 MICHELIN Stars

Three MICHELIN-Starred Cantonese restaurant Jade Dragon showcases exquisite culinary masterpieces created with the freshest seasonal ingredients and delectable delicacies. With spectacular designer décor and superlative personalized service, Jade Dragon sets the benchmark for fine dining in Macau, being the only Cantonese restaurant in Greater China awarded with both Three MICHELIN Stars and Three Black Pearl Diamonds. Recent honors and awards include:

  • MICHELIN Guide Hong Kong & Macau Three Stars (2019-2026)
  • Black Pearl Restaurant Guide Three Diamonds (2020-2025)
  • Forbes Travel Guide Five-Star rating (2014-2026)
  • Trip.com Gourmet’s Black Diamond award (2021-2023, 2026), Diamond award (2024-2025)
  • Harper’s BAZAAR HK’s Restaurant of the Year (2026), BAZAAR Taste Elite Macao (2024-2026)
  • Tatler Best Awards Asia Pacific’s Best 100 Restaurants (2024-2025)
  • Tatler Best Awards Hong Kong & Macau’s Restaurant of the Year Macau (2025), Best 20 Restaurants Macau (2025)
  • Tatler Dining Guide’s Top 20 Macau Restaurants List (2024)
  • South China Morning Post’s 100 Top Tables (2014-2025)
  • TARGET ELITE SELECT Awards’ Chinese Restaurant of the Year (2025), Cantonese Restaurant of the Year (2024)
  • TimeOut Beijing Food & Bar Awards’ Cantonese Restaurant of the Year (2025)
  • China Feast Restaurants Awards’ Annual Influential Restaurants (2025)
  • La Liste’s Top 1,000 World’s Best Restaurants (2025)
  • Wine Spectator’s Best of Award of Excellence (2014-2025)
  • World Culinary Awards’ Asia’s Best Hotel Restaurant (2025), Macao’s Best Hotel Restaurant (2022-2025)
  • Travel + Leisure Southeast Asia’s Macau Tastemakers List (2024-2025)
  • Three Stars in Golden Phoenix Tree China Restaurant Guide (2024-2025)

Alain Ducasse at Morpheus – 2 MICHELIN Stars

Awarded Two MICHELIN Stars, Alain Ducasse at Morpheus redefines legendary French classics with a contemporary vision and sentimental approach to cooking. The restaurant located at City of Dreams sources produce from the best regions which is harvested at its optimal time, highlighting a deep appreciation for nature and an intimate understanding of the seasons. Sourcing from small-scale farms and line-caught fish, the restaurant ensures unparalleled quality and a distinctive tasting experience. Recent honors and awards include:

  • MICHELIN Guide Hong Kong & Macau Two Stars (2019-2026)
  • Black Pearl Restaurant Guide One Diamond (2024-2025)
  • Forbes Travel Guide Five-Star rating (2020-2026)
  • Trip.com Gourmet’s Diamond award (2022-2026)
  • Harper’s BAZAAR HK’s BAZAAR Taste Elite Macao (2026)
  • Tatler Best Awards Asia Pacific’s Best 100 Restaurants (2025)
  • Tatler Best Awards Hong Kong & Macau’s Best Service (2025), Best 20 Restaurants Macau (2025)
  • Tatler Dining Guide’s Top 20 Macau Restaurants List (2024)
  • South China Morning Post’s 100 Top Tables (2020-2025)
  • TimeOut Beijing Food & Bar Awards’ French Restaurant of the Year (2025)
  • La Liste’s Top 1,000 World’s Best Restaurants (2025)
  • Wine Spectator’s Best of Award of Excellence (2019-2025)
  • TARGET ELITE SELECT Awards’ French Restaurant of the Year (2024)
  • Travel + Leisure Southeast Asia’s Macau Tastemakers List (2024)

Pearl Dragon – 1 MICHELIN Star

Studio City’s MICHELIN-Starred Cantonese‑Chaozhou restaurant Pearl Dragon offers a refined taste of China complemented by sophisticated décor. Dedicated to perfection, Pearl Dragon offers a menu showcasing refined provincial Chinese flavors, innovative culinary creations and the finest delicacies. Recent honors and awards include:

  • MICHELIN Guide Hong Kong & Macau One Star (2017-2026)
  • Forbes Travel Guide Five-Star rating (2019-2026)
  • Trip.com Gourmet’s Platinum award (2021-2026)
  • LIV Hospitality Design Awards’ Winner in Interior Design Asia (2026)
  • Tatler Best Awards Hong Kong & Macau’s Best 20 Restaurants Macau (2025)
  • Tatler Dining Guide’s Top 20 Macau Restaurants List (2024)
  • South China Morning Post’s 100 Top Tables (2017-2025)
  • TimeOut Beijing Food & Bar Awards’ Cantonese Restaurant of the Year (2025)
  • China Feast Restaurants Awards’ Best Chinese Restaurants (2025)
  • La Liste’s Top 1,000 World’s Best Restaurants (2025)
  • Wine Spectator’s Best of Award of Excellence (2016-2025)
  • TARGET ELITE SELECT Awards’ Chinese Restaurant of the Year (2025)

Ying – 1 MICHELIN Star

Awarded the coveted MICHELIN Star, Ying is Altira Macau’s signature restaurant specializing in fine Cantonese cuisine as well as local delicacies created by an exceptionally talented culinary team. Ying is recognized as an outstanding establishment that offers guests a truly exceptional level of luxury and service. Recent honors and awards include:

  • MICHELIN Guide Hong Kong & Macau One Star (2017-2026)
  • Forbes Travel Guide Five-Star rating (2020-2026)
  • South China Morning Post’s 100 Top Tables (2023-2025)
  • China Feast Restaurants Awards’ Best Traditional Cuisine Restaurants (2025)
  • La Liste’s Top 1,000 World’s Best Restaurants (2025)
  • Wine Spectator’s Best of Award of Excellence (2015-2025)

Sushi Kinetsu – 1 MICHELIN Star

Bestowed the coveted MICHELIN Star, Sushi Kinetsu at City of Dreams offers authentic Edomae sushi across a beautiful, centuries old Hinoki wood sushi bar. The tranquil restaurant serves seasonal delicacies using only the finest ingredients, crafted by Japanese master chefs. Recent honors and awards include:

  • MICHELIN Guide Hong Kong & Macau One Star (2024-2026)
  • Black Pearl Restaurant Guide One Diamond (2024-2025)
  • Trip.com Gourmet’s Diamond award (2024-26), Platinum award (2023)
  • Harper’s BAZAAR HK’s BAZAAR Taste Spotlight Macao (2026)
  • Tatler Best Hong Kong & Macau’s restaurant list (2025)

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 City of Dreams (www.cityofdreamsmacau.com) and Altira Macau (www.altiramacau.com), integrated resorts located in Cotai and Taipa, Macau, respectively. Its business also includes the Mocha Clubs (www.mochaclubs.com), the only non-casino based operation of electronic gaming machines in Macau. In addition, the Company operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, the Company operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean, an integrated resort in Limassol, in the Republic of Cyprus (www.cityofdreamsmed.com.cy) and licensed satellite casinos in other cities in Cyprus (the “Cyprus Casinos”). In South Asia, the Company operates the casino and manages the Nüwa hotel at City of Dreams Sri Lanka (www.cityofdreamssrilanka.com), an integrated resort in Colombo, Sri Lanka. For more information about the Company, please visit www.melco-resorts.com.

The Company is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority 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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/84404b99-0935-4c87-9280-354599438e15


FAQ

How many MICHELIN Stars did Melco (MLCO) earn in the MICHELIN Guide Hong Kong & Macau 2026?

Melco earned eight MICHELIN Stars across five restaurants. According to the company, these honors include Jade Dragon with Three Stars and Alain Ducasse at Morpheus with Two Stars, announced at the MICHELIN Guide ceremony on March 19, 2026.

Which Melco (MLCO) restaurant retained Three MICHELIN Stars in 2026 and for how long?

Jade Dragon retained Three MICHELIN Stars for the eighth consecutive year. According to the company, Jade Dragon has held Three Stars continuously and is recognized as a leading Cantonese fine dining destination in Greater China.

What MICHELIN recognition did Alain Ducasse at Morpheus (MLCO) receive in 2026?

Alain Ducasse at Morpheus was awarded Two MICHELIN Stars for the eighth consecutive year. According to the company, the restaurant emphasizes seasonal sourcing and classic French techniques to deliver a distinctive tasting experience.

Which Melco (MLCO) restaurants kept One MICHELIN Star in 2026?

Pearl Dragon, Ying and Sushi Kinetsu each retained One MICHELIN Star in 2026. According to the company, these restaurants continue to offer high-quality Cantonese, Cantonese‑Chaozhou and Edomae sushi dining experiences in Macau resorts.

Did any Melco (MLCO) restaurant receive a MICHELIN recommendation in 2026?

Yes, the innovative Chinese restaurant Yí at City of Dreams received a MICHELIN recommendation in 2026. According to the company, Yí was singled out for its creative Chinese cuisine and inclusion in the guide’s recommendations list.

What does the MICHELIN Guide 2026 recognition mean for Melco (MLCO) and Macau dining?

The recognition underscores Melco’s leadership in fine dining in Macau and supports its culinary reputation. According to the company, these awards bolster City of Dreams as a gastronomic destination and align with efforts to promote Macau as a UNESCO Creative City of Gastronomy.
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