Sands China Ltd., a majority-held subsidiary of global integrated resort developer Las Vegas Sands Corp., announced on September 20, 2012 the opening day for the second phase of its Sands Cotai Central integrated resort in Macao (China). Foremost among the new facilities is the launch of the first of the two hotel towers from Sheraton Macao Hotel, Cotai Central, with a second tower opening in early 2013.
The hotel is the world’s largest Sheraton at 3,896 guestrooms, as well as the largest hotel in Macao. The hotel’s grand ballroom will offer nearly 4,900 sq.m of pillarless meeting and event space.
The opening is the most recent benchmark in Sands China’s push to firmly establish Macao as one of Asia’s leading business and leisure destinations. The opening will further expand the diversity of choices on the Cotai Strip with additional accommodation, dining, entertainment, retails, gaming and meeting and convention offerings. The company’s Macao investment toward that goal is in excess of US$8 billion to date, and will soon bring Sands China’s combined Cotai Strip offering to over 9,000 rooms across five international hotels, 120,000 sq m of meeting and exhibition space, over 600 luxury duty-free shops and more than 57 international restaurants, bars and lounges.
“The opening of the Sheraton Macao Hotel at Sands Cotai Central represents another milestone in my vision for the Cotai Strip,” says Las Vegas Sands and Sands China Ltd. Chairman Sheldon Adelson. “I’m very happy to see Sheraton join our growing family of integrated resorts on the Cotai Strip. Sands China remains committed to establishing Macao as a world centre of tourism and leisure, and Asia’s number one business and leisure destination. The addition of Sheraton Macao Hotel, Cotai Central and its impressive array of luxury accommodation is an important development towards reaching that goal.”
Mr Frits van Paasschen, President & CEO of Starwood Hotels & Resorts, said at the Sheraton Macao Hotel’s opening: “We like to think of Sheraton as the world’s gathering place. Sheraton is the leading hotel brand in this region and an ideal fit for this spectacular new hotel in Macao. And what a great combination: Starwood’s largest brand in the world’s fastest growing hotel market.”
Sheraton Macao Hotel enjoyed a record-breaking opening weekend (September 22 and 23), achieving 100 percent occupancy on Saturday, and 90 per cent occupancy on Sunday. "Occupancy rates for Sheraton Macao Hotel's opening weekend far exceeded our expectations," said Gunther Hatt, Executive Vice President of Operations for Venetian Macau Limited. "The projected occupancy at all Sands China properties for the upcoming 40 days after Sheraton Macao Hotel's opening subsequently exceeds our original forecast, reflecting a strong consumer demand for quality hotel rooms at affordable rates."
The opening of the world’s largest Sheraton hotel is also a landmark for Sheraton Hotels & Resorts’ celebration of its 75th anniversary. Sheraton Hotels & Resorts is increasing its worldwide footprint through a US$5 billion global expansion over the next three years -– a development effort that follows the recent three-year, multi-billion-dollar revitalization of its iconic brand and guest experience. As Starwood’s largest and most global brand, Sheraton currently boasts more than 400 hotels in 75 countries, with 92 percent global awareness among business travelers – the highest of any hotel brand in the world.
About Sands Cotai Central
Opened in April 2012, Sands Cotai Central is the centre point of the Cotai Strip - the pathway to adventure, fun and fortune. Featuring three celebrated hotel brands - Conrad, Sheraton and Holiday Inn - Sands Cotai Central offers visitors to the Cotai Strip an expanded offering of affordable luxury available nowhere else in Macao, with approximately 6,000 hotel rooms and suites, and 111,000 sq m of retail, entertainment and dining facilities, and meetings and convention space. With over 90 retail outlets, Shoppes Cotai Central joins Shoppes Grand Canal and Shoppes at Four Seasons to offer a total of over 600 luxury duty-free stores to choose from - the most in any one single location in all of Macao. And with two spas, three health clubs and 28,000 sq m of gaming space in two, uniquely-themed gaming centres, Sands Cotai Central provides a new level of luxury and accessibility to the Cotai Strip.
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