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By April 2019, The House of Dancing Water was the oldest running show on the Cotai Strip and had been seen by around 5 million spectators. In 2019, The House of Dancing Water production was purchased entirely by Melco Resorts from Dragone Macau Limitada, with Dragone retained as artistic director. After closing for a year for renovations, the Nüwa hotel reopened on March 31, 2021 with 300 hotel units, 33 of which were luxury villas. In August 2021, Inside Asian Gaming reported that the resort had seen its quarterly operating revenue increase from US$120.8 million in 2020 to $363.8 million in 2021. This comprised over half of Melco Resort’s $530.8 million revenue for the quarter overall. In early October 2021, a government mandate temporarily closed all of Macau’s entertainment venues, including City of Dreams’s Club Cubic venue.
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