Resorts World: Las Vegas Strip welcomes new iconic resort after a decade

Published on
'Resorts World': Las Vegas Strip receives new iconic resort after a decade

The city of Las Vegas is preparing in the best possible way for an economic recovery with the announcement of the opening of Resorts World, the new multi-billion dollar resort, in June.

This is the first development of this level since the opening of The Cosmopolitan in 2010, being a $ 4.3 billion gaming resort by the Genting Group on The Strip, whose headquarters are in Malaysia.

The opening information is valid for Las Vegas and represents a milestone to help stop the crisis generated by the pandemic. Thus, the new Las Vegas Resorts World will have a huge dedicated gaming area and 3,500 suites operated by Hilton and its luxury brand Crockfords.

In addition, the new entertainment facility will feature a theater with a capacity for 5,000 people, a SPA and swimming pool, including an infinite view of the Las Vegas Strip.

Resorts World will also have nightclubs and day clubs, restaurants with street menus to Michelin-starred dinners, retail stores with globally known brands such as Judith Leiber and Hervé Léger and 250,000 square meters of space for meetings and conventions.

'Resorts World': Las Vegas Strip receives new iconic resort after a decade

As a strategic plan developed by the local government, casinos, spaces for events and places of entertainment for up to 20 thousand people will be allowed to return to work soon.

The trend is that 60% for every 1,800 people in Las Vegas will be immunized or will receive at least one vaccine by the beginning of May. The casinos themselves have expanded their actions to encourage their employees to receive the vaccine so that visitors also feel safe.

Analysts comment on the opening of Resorts World

“It’s a very exciting time for Las Vegas,” said Brent Pirosch, game analyst at CBRE. “We are traditionally arriving at a busy time of year, with the opening of Resorts World for leisure visitors. It should be inaugurated at a time when the country reaches a vaccination rate of 70%. These are good things happening at the same time, ”he added.

Historically, the opening of new developments results in additional visitors to Las Vegas and Resorts World is also expected to pique the interest of tourists from around the world when international travel returns.

'Resorts World': Las Vegas Strip receives new iconic resort after a decade

In addition, trips to Las Vegas have already grown considerably with the increase in casino capacity and the reopening of swimming pools. Recalling that Resorts World has been in development since 2007, when Boyd Gaming demolished Stardust.

However, the project was interrupted the following year, due to the global financial crisis, until Genting acquired the property in 2013. Confirmation of the opening of Resorts World happens a few days ago that Bally’s Corporation paid US $ 308 million for Tropicana Las Vegas Hotel, also on the Strip.