Wynn Las Vegas’ Post

🌟 The MGM Grand Las Vegas: Where Luxury Meets Scale From luxury hotels to budget-friendly accommodations, the hospitality sector plays a pivotal role in shaping the landscape of commercial real estate. 🏨🌆 Whether you're seeking opulence or practicality, the MGM Grand stands out as an iconic example of both. 🏙️ The MGM Grand: A Brief History -The MGM Grand Las Vegas, located on the world-famous Las Vegas Strip, opened its doors on December 18, 1993. Developed by Kirk Kerkorian through his company, MGM Grand, Inc, this colossal resort redefined the concept of grandeur. - With more than 5,000 rooms, the MGM Grand was the largest hotel in the world at the time of its inauguration. Imagine the sheer scale—the hustle and bustle of thousands of guests, each with their own story to tell! - The resort's dominant theme was inspired by the 1939 MGM film "The Wizard of Oz", but this theming would later evolve during a comprehensive two-year renovation that began in 1996. 🌎 Global Recognition - The MGM Grand Las Vegas is more than just a hotel—it's a cultural landmark. Its prominence extends beyond the neon lights of Las Vegas, symbolizing entertainment, luxury, and larger-than-life experiences. - So, next time you're in Sin City, marvel at the grandeur of the MGM Grand. With over 6,800 rooms, it remains one of the largest hotels in the world—a testament to the hospitality industry's ability to create unforgettable moments. 🌟 🎉👏 #HospitalitySector #CRE #FunFactFriday

Golden Sands Collective, with its expertise in sustainable and innovative architecture, can offer valuable contributions to this megaproject: 1. **Eco-Friendly Design**: We can provide sustainable design solutions that complement the luxurious aesthetics of the project while minimizing environmental impact. 2. **Smart Technology Integration**: Our experience in integrating smart technologies into architectural designs aligns well with the futuristic and luxurious ethos of The Island. 3. **Renewable Energy Solutions**: We can incorporate renewable energy sources and energy-efficient systems in the design of the hotels and facilities, aligning with global sustainability trends. 4. **Cultural and Contextual Sensitivity**: Our approach to design takes into account the cultural and environmental context of the UAE, ensuring that our contributions are both respectful and complementary to local sensibilities. 5. **Holistic Community Development**: Beyond the hotels, we can contribute to the development of community spaces, green areas, and public amenities that enhance the overall experience of visitors and residents. 6. **Collaboration Opportunities**: We look forward to potential collaborations with other entities involved in the project to ensure a cohesive and well-integrated development. This project represents an exciting opportunity for entities like Golden Sands Collective to showcase their expertise in merging luxury with sustainability, further cementing Dubai's status as a leader in innovative development. You can read more about this exciting development and its implications

Following a luxury renovation of their inn, our client challenged MavREV to attract higher-spending guests and maximise revenues. We wholeheartedly embraced this challenge and I’m proud to say that we exceeded our client’s expectations👇 ✅ Increased Average Daily Rate (ADR) by 17%, YOY ✅ Increased Revenue by over £81k, YOY How did we do it? ✅ Devised a bespoke Revenue Strategy to position their brand as an independent luxury inn amongst their new target audience and local competitors. ✅ Provided Outsourced Revenue Management to deliver their new strategy and support their on-property team. 👉 Read our full client case study https://lnkd.in/eyNBTmcu Want to book a consultation with us and benefit from our cost-effective revenue management services? Send us a DM or email contact@mavrev.co.uk now. #hotels #outsourcedrevenuemanagement #revenuestrategy

By now, you've likely seen the news of Host Hotels & Resorts acquisition of Turtle Bay Resort from Blackstone. One interesting tidbit is that Marriott International, the new operator of the asset, which will transition to the The Ritz-Carlton Hotel Company, L.L.C. flag, put in key money to help secure the deal. "In connection with the rebranding, Marriott provided key money and favorable modifications on several existing management agreements." I often hear about key money being used for new development, but in this precarious stage of the cycle where ground-up development is slim, hotel operators are having to up the ante to gain new management contracts. Would be interesting to know if they outbid any other suitors. Could have been as much as $45M in key money if you read the releases. Managers might now be more pliable to give concessions to owners going forward to secure contracts. Trend to watch.

Wynn’s UAE IR close to starting hotel tower construction, analysts say. UAE’s first casino resort will have 1,500 rooms. United Arab Emirates.- Wynn Resorts is progressing towards the construction phase of the hotel for its United Arab Emirates (UAE) casino resort project, Wynn Al Marjan Island. JP Morgan reports that the foundations for the hotel tower and podium are nearing completion. Scheduled to open in early 2027, Wynn Al Marjan Island is to feature a hotel with 1,500 rooms, an events centre and a theatre, according to previous statements. Wynn is investing 40 per cent of the equity in the project, which is estimated to cost US$3.9bn and is being undertaken in collaboration with local partners. To read more click here: https://lnkd.in/eXhM4mQG

HOSPITALITY NEWS #700 Auberge Resorts Collection Announces Strategic Partnership With BDT & MSD Partners Minority Investment Will Further Advance Auberge's Leadership Position in the Luxury Hotel Market The Friedkin Group announced today that the company has entered into a strategic partnership with BDT & MSD Partners ("BDT & MSD"), a merchant bank built to serve the distinct needs of business owners and strategic, long-term investors. BDT & MSD, through its affiliated hospitality investment vehicle, will make a minority investment in Auberge Resorts Collection, the manager of the award-winning portfolio of luxury hotels, resorts, residences and private clubs set in some of the world's most desirable locations. In addition, BDT & MSD's hospitality vehicle intends to invest significant capital towards acquiring and developing luxury hotel and residential assets that will be branded and managed by Auberge Resorts Collection. The partnership reflects BDT & MSD's belief in Auberge Resorts Collection's unique brand positioning and focus on creating one-of-a-kind luxury hospitality experiences. The investment will support Auberge's continued strategic growth in the Americas, Europe and beyond, with a focus on gateway urban markets and high-profile experiential destinations. Sources: ET

Exploring Experiential Hospitality in London I recently visited the spy bar at Raffles London at The OWO, a fascinating subterranean bar located in rooms once used by MI5, and I was truly inspired! It’s amazing to see how London’s hotel scene is evolving into vibrant hubs of experiential hospitality. The OWO does a beautiful job of blending its rich history with contemporary design, allowing guests to really immerse themselves in the story while enjoying expertly crafted cocktails. Did you know this iconic building served as Winston Churchill’s wartime HQ? 🍸✨ As we observe a global shift in consumer spending from material possessions to memorable experiences, the term "experiential" is popping up everywhere! However, it often gets misused or misunderstood. To me, experiential hospitality is all about moments that resonate deeply—emotionally, culturally, and socially—with guests. Have you had any memorable hospitality experiences or unique events lately? Please share your stories in the comments! Let’s inspire each other with tales of luxury and creativity in hospitality. And if you’re keen to brainstorm how to elevate your brand presence or create immersive experiences, let’s connect! #LuxuryHospitality #ExperientialLuxury #LondonHotels #HighEndHospitality #ImmersiveExperiences

Wynn Resorts is set to open the UAE’s first legal casino hotel on Al Marjan Island, and this is going to bring a whole new wave of luxury travellers that the Middle East has been missing out on. You can check out the full article linked below. What’s really exciting is how this is boosting Ras Al Khaimah’s economy, especially luxury real estate. Al Marjan Island has already seen a 34% price appreciation in the last year, and with double-digit growth expected moving forward, this is a prime time for investors to get in before prices take off. UAE’s top developers and global brands are launching high-end residential projects around the area—perfect for luxury buyers and investors. If you're curious about real estate opportunities in Ras Al Khaimah or just want to chat about the market, feel free to reach out! https://lnkd.in/eVpKNiGJ #LuxuryRealEstate #AlMarjanIsland #RasAlKhaimah #DubaiRealEstate #UAERealEstate #RealEstateInvesting #PropertyInvestment #LuxuryLifestyle #InvestmentOpportunities #WynnResorts #OffPlanProperties #LuxuryDevelopments #RealEstateUAE #HighEndLiving

From humble beginnings to managing $80 million in assets and growing a boutique hotel brand, every milestone is a testament to passion and perseverance. Here's to chasing dreams and building a future filled with success and fulfillment! #PropertySuccess #DreamChasing #FuturePlanning

Wynn Resorts, founded by Steve Wynn, is a luxury hotel and casino company known for iconic properties such as Wynn Las Vegas, Wynn Macau, and Encore Boston Harbor. Starting with The Mirage in 1989, Wynn revolutionized luxury gaming and hospitality. The company’s expansion into Asia with Wynn Macau and Wynn Palace solidified its global presence. Upcoming developments include the Wynn Resort on Al Marjan Island in Ras Al Khaimah, set to be the UAE's first integrated resort with a gaming area, opening in 2026. Explore the rising value of properties in Ras Al Khaimah, especially in the stunning Al Marjan Islands! 🌴🏡 With the upcoming Wynn Resort Casino, the first of its kind in the UAE, property values are set to soar. This world-class development will bring unprecedented luxury, entertainment, and investment opportunities to the region. Now is the perfect time to invest and be part of this exciting transformation! From apartments to villas with 270 degree ocean view 🌊. Along side, state of the arts amenities . #RasAlKhaimah #AlMarjanIslands #WynnResortCasino #UAERealEstate #InvestmentOpportunities #LuxuryLiving #PropertyInvestment #RealEstateGrowth #RAKRealEstate #InvestInRAK #UAEInvestment #RisingPropertyValues #LuxuryResort #NewBeginnings #RAKProperties"