The Parisian

The Parisian
澳門巴黎人
Location Cotai, Macau, China
Opening date September 13 2016 (September 13 2016)
Theme Paris, France
Number of rooms 3,000
Casino type Land-based
Owner Las Vegas Sands
Website www.parisianmacao.com

The Parisian (Chinese: 澳門巴黎人) is a luxury hotel in Cotai, Macau, China owned by Las Vegas Sands, which has a half-scale Eiffel Tower as one its landmarks.[1] It was originally expected to be operational in late 2015,[2] with that later changed to August 2016.[3] The hotel officially opened on 13 September 2016.[4]

History

Development and construction

The Parisian under construction in August 2015.

The Parisian was estimated to 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.[5]

Construction began in February 2013.[6] It was originally expected to be operational in late 2015,[2] but was open in September 2016.

Design

The Parisian has a half-scale 525-foot Eiffel Tower as one its landmarks.[1]

The property has approximately 3000 hotel rooms, 170 shops and 56,000 sq feet of meeting space. In addition, the resort features a 1,200-seat theatre. For the first month of the hotel's opening, the theatre hosted Thriller Live, and hopes to attract more Broadway and West End performances. [7][8][9]

See also

References

  1. 1 2 Trefis Team (12 March 2014). "Why Is The Cotai Vision A Boon For Las Vegas Sands?". Forbes. Retrieved 21 August 2014.
  2. 1 2 "INVESTOR RELATIONS". Sands China. 21 August 2014. Retrieved 21 August 2014.
  3. ↑ Macau Mak (24 July 2015). "Sands soars as profits surprise". The Standard (Hong Kong).
  4. ↑ Renato Marques (14 September 2016). "The Parisian opens with Optimism". Macau Daily Times.
  5. ↑ Vinicy Chan (20 September 2012). "Sands to Add $2.5 Billion Macau Resort in Biggest Casino Hub". Business Week. Retrieved 21 August 2014.
  6. ↑ Christopher Palmeri (1 February 2013). "Las Vegas Sands Rises as Macau Casino Results Beat Forecasts". Bloomberg News. Retrieved 21 August 2014.
  7. ↑
  8. ↑
  9. ↑
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Coordinates: 22°08′37″N 113°33′39″E / 22.1437°N 113.5607°E / 22.1437; 113.5607

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