Sunday 20 December 2009

Can CityCenter Save Las Vegas?

You can't escape CityCenter. Celebrities arrived in droves to bask in its opulence. Local newspapers declared it a masterpiece. Casino executives heralded the crowning example of what can be accomplished when vision, brilliance and sheer will are combined with $8.5 billion.

Towering over the heart of the Las Vegas Strip, CityCenter--a joint venture between gaming giant MGM Mirage ( MGM - news - people ) and Infinity World, a subsidiary of Dubai World--opened this week under a dazzling display of fireworks and glitz. The property encompasses 67 acres between the Bellagio and Monte Carlo casinos, and features four hotels, including its flagship, Aria, which is complete with 4,004 rooms, a casino, shops, restaurants, nightclubs and lounges and an Elvis-themed Cirque du Soleil production.

The other hotels include a 400-room Mandarin Oriental resort and a posh nongaming hotel called Vdara. (Still to come is the Harmon boutique hotel, which will open late next year). There's also a massive shopping mall called Crystals, featuring only luxury-brand stores like Dior ( CHDRF.PK - news - people ), Louis Vuitton and Cartier.

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