Chinese tourists and loyal customers to Wynn Resorts Ltd. will be key to filling rooms at its new gaming resort in the United Arab Emirates, according to local officials.
Both segments are expected to be important drivers of business at the planned $3.9 billion, 1,500-room resort, which would be one of the largest hotels in the country on its planned opening in 2027 in the emirate of Ras Al Khaimah, about an hour north of Dubai.
“China has never been a big focus of ours,” Raki Phillips, chief executive officer of the Ras Al Khaimah Tourism Development Authority, said in an interview Monday at the Arabian Travel Market convention in Dubai. “It is a big focus of ours right now.”
The Las Vegas company plans to build a gaming resort, although the UAE hasn’t passed legislation yet that would legalize gambling. The gaming area is expected to take up 4% of the 5.6 million-square-foot space, which would make it about 15% larger than the 194,000 square feet of casino space at the Wynn and Encore Las Vegas.
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