Wynn opens $4.2b integrated resort in Macao

Wynn Resorts started its second hotel resort Wynn Palace on Monday in Macao's tourist hub Cotai area, adding a new destination for the special administrative region's effort to become a world leisure center.

Steve Wynn, chairman of the board and CEO of Wynn Resorts unveiled this 4.2 billion U.S. dollars worth of integrated resort late Monday, saying that to be the best hotel in the world is something other than money and good taste. "In any hospitality business there are only two words that matter, guest experience," he added.

The hotel has over 1,700 rooms, suits and villas, more than 18,000 square meters of shops, a spa, and a few food bars and restaurants. Other recreational facilities include an eight-acre performance fountain lake with 34 sky cabs traveling 20 meters above, a miniature of Ferris wheel and a real-sized carousel both made by tens of thousands of real flowers, and stainless steel sculpture Tulips by artist Jeff Koons.

Wynn Palace is the second hotel run by Wynn Resorts in Macao. Other major players, such as Sands China, MGM China and SJM, also plan to unveil their new complexes in 2016 and 2017.

According to Macao's Statistics and Census Service, the total non-gaming spending of tourists in the second quarter of 2016 reached 11.7 billion patacas (about 1.47 billion U.S. dollars), down by 4.5 percent compared with the same quarter of 2015 but up by 1.4 percent with the first quarter of 2016.

Source : XINHUA