Luxury Wynn Palace Resort to be opened in Macau

Published on September 1, 2016 in Industry News

Casino Resort in MacauThe Chief executive of US casino operator, Wynn Resorts announced recently that they will be opening a $4.2 billion Wynn Palace resort in Macau. He firmly believes that this will bring forth an era of prosperity.

“The Wynn Palace resort will be located in the tourist hub of Cotai and it will feature 1,706 rooms, suites and villas.”

The resort will also offer a variety of dining and leisure facilities which includes a fabulous shopping mall, spa and an eight-acre lake. Visitors will be spoiled with brilliant sights such as a luxurious fountain show, floral sculptures and more than $125 million of fine and decorative artworks. Of course one of the main attractions will be the gambling facilities.

A new attraction

The opening of this resort is believed to launch “a new era of prosperity” as it will attract more international tourists to Cotai, Macau. According to Wynn Resorts chairman and CEO, Steve Wynn the opening of the new venue will result in a boost of revenue for Macau. Recent stats show that results for the region had improved in the second quarter of the 2016 financial year. The revenue has increased by 5% year-on-year and is now standing on $609.8 million in total. The new resort will be the second property Wynn Resorts has in Macau. The first is the Wynn Macau Resort which was opened in September 2006 and includes a boutique hotel that opened in 2010.

According to Wynn, their Wynn Palace is the most beautiful hotel in the world and instead of it being in any of the overplayed cities such as Paris, New York, or even Rome, it is in Cotai, Macau. It’s not just a beautiful resort, but you also get to explore a little piece of the world you probably haven’t seen before.