The Parisian
| The Parisian | |
|---|---|
 | |
 | |
| Location | Macau, China |
| Address | Cotai Strip |
| Opening date | July 2016 |
| Theme | Paris, France |
| Number of rooms | 3,000 |
| Casino type | Land-based |
| Owner | Las Vegas Sands |
The Parisian ((traditional Chinese (HK)): 澳門巴黎人) is a hotel in the Cotai Strip, Macau currently under construction by Las Vegas Sands. The Parisian will have a half-scale Eiffel Tower as one its landmarks. [1]It was originally expected to be operational in late 2015,[2] but Sheldon Adelson said in July 2015 that he expected the resort to open in 12 months. [3]
Amenities
The hotel property will have more than 3,000 rooms and suites, 450 table games and 2,500 slot machines.[1]
Cost
The Parisian will cost around $2.5 billion and is being funded by Las Vegas Sands with $1.5 billion in bank loans and $900 million to $1 billion in cash. The company will also have to pay a penalty of 900,000 patacas ($112,700) for the delay in developing the plot. [4]Construction began in February 2013. [5]
References
- 1 2 Trefis Team (12 March 2014). "Why Is The Cotai Vision A Boon For Las Vegas Sands?". Forbes. Retrieved 21 August 2014.
- ↑ "INVESTOR RELATIONS". Sands China. 21 August 2014. Retrieved 21 August 2014.
- ↑ Macau Mak (24 July 2015). "Sands soars as profits surprise". The Standard (Hong Kong).
- ↑ Vinicy Chan (20 September 2012). "Sands to Add $2.5 Billion Macau Resort in Biggest Casino Hub". Business Week. Retrieved 21 August 2014.
- ↑ Christopher Palmeri (1 February 2013). "Las Vegas Sands Rises as Macau Casino Results Beat Forecasts". Bloomberg News. Retrieved 21 August 2014.
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