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Mandarin Oriental To Open New Luxury Hotel In The MGM Mirage 'Project City Center' In Las Vegas, USA
1st November 2005 - Mandarin Oriental International Limited today announced that Mandarin Oriental Hotel Group will manage a new 400-room luxury hotel in the multi-billion dollar urban development €˜Project CityCenter' in Las Vegas, Nevada. The project is planned by MGM MIRAGE, the U.S. gaming industry's pre-eminent resort and casino company. Mandarin Oriental, Las Vegas is expected to open in the first phase of the development, in late 2009. Project CityCenter will consist of 18 million square feet of space for a hotel/casino, retail shops, dining and entertainment venues and luxury condominiums.
To be located in the heart of the famed €˜Strip', Mandarin Oriental, Las Vegas will be prominently situated at the entrance of Project CityCenter, and will be built in a multi-towered 37 storey building with an entrance on Las Vegas Boulevard. The hotel will feature 310 guestrooms, 90 luxuriously appointed suites, seven dining venues and a spa.
Edouard Ettedgui, Group Chief Executive of Mandarin Oriental said, "Project CityCenter promises to be a new urban icon and we are delighted to be working with MGM MIRAGE to bring Mandarin Oriental's renowned luxury hotel experience to Las Vegas. This project presents an exceptional opportunity for Mandarin Oriental to further strengthen our brand in a celebrated, international leisure and business destination."
"Mandarin Oriental has established a world class reputation in the luxury hospitality arena, which perfectly complements the vision for Project CityCenter," said Bobby Baldwin,
President and CEO of MIRAGE Resorts, a subsidiary of MGM MIRAGE. "We are pleased to welcome this legendary hotel brand to Las Vegas and expect Mandarin Oriental will emerge as one of the city's most prestigious and sought-after hotels."
Project CityCenter, currently the largest privately funded urban development in the U.S., will be built on a 66-acre site between Monte Carlo and Bellagio resorts on Las Vegas Boulevard, the city's legendary €˜Strip', at a cost of approximately US$5 billion. MGM MIRAGE, headquartered in Las Vegas, Nevada, is one of the world's leading hotel and gaming companies. The company owns and operates 24 casino resorts located in Nevada, Mississippi and Michigan, and has investments in four other casino resorts in Nevada, New Jersey, Illinois and the United Kingdom.
Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most prestigious hotels and resorts, currently operating 22 luxury hotels with a further eight under development in Tokyo (2005), Prague and Riviera Maya, Mexico (2006), Boston and Grand Cayman (2007), Chicago (2008), Macau and Las Vegas (2009). In total, Mandarin Oriental now operates, or has under development, more than 8,000 rooms in 17 countries with 13 hotels in Asia, 12 in the Americas and five in Europe. Mandarin Oriental International Limited is a public listed company and a member of the Jardine Matheson Group.
For further information, please contact:
Mandarin Oriental Hotel Group International Limited
Jill Kluge 44 (20) 7766 3671
Group Communications - Global e-mail: jillk@mohg.com
Sally de Souza (852) 2895 9160
Group Communications - Asia e-mail: sallydes@mohg.com
Danielle DeVoe (1) 212 399 3938
Group Communications - United States e-mail: ddevoe@mohg.com
Stuart Dickie (852) 2895 9177
Group Finance e-mail: stuartd@mohg.com
GolinHarris
Kennes Young (852) 2501 7987
This and other Group announcements can be accessed through the Internet at €˜www.mandarinoriental.com'.