Cotai Strip

From Wikipedia, the free encyclopedia

The Cotai Strip is the trademarked name of Las Vegas Sands' multi-billion casino resort project in Macau. The Strip is situated on a 1.8 mile plot of land in Cotai, which is the area of reclaimed land adjoining Macau's two islands, Taipa and Coloane.

Las Vegas Sands will own most of the Strip's hotel and casino infrastructure. As a Macau concession holder, the company will manage most of the casino space, while the company's hotel partners will manage their respective hotels and amenities. The first phase of the Cotai Strip is scheduled to open in 2007 with the grand opening of the $1.8 billion [1] Venetian Macao.

Contents

  • 7 resort hotels
  • 20,000 hotel rooms
  • Over 1.5 mm sq ft of casino space
  • Over 3.0 mm sq ft of MICE space
  • 25,000 seats for live entertainment
  • 3.0 mm sq ft of retail space
  • Over 4.0 mm sq ft of vacation suites

  • Site 1 = The Venetian Macao
  • Site 2 = Four Seasons
  • Site 3 = Far East Consortium
  • Site 4 = Marriott, Ritz Carlton & Tang (casino to be managed by Melco PBL)[3]
  • Site 5 = Shangri-La and Traders
  • Site 6 = Sheraton and St. Regis
  • Site 7 = Hilton and Conrad
  • Site 8 = Fairmont and Raffles

  1. ^ Bloomberg, Macau Casinos Top Las Vegas as Adelson, Wynn, Battle Stanley Ho, 1/03/2007
  2. ^ a b Las Vegas Sands, Investor Presentation , 11/13/2006
  3. ^ Cyber One, Press release, 1/10/2007


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