A new hotel in Las Vegas is set to debut
this week.
And it’s not just any hotel.
The much-anticipated
Fontainebleau Hotel, sister to the famous hotel in Miami Beach, is set to open its
doors in Sin City on Wednesday.
Fontainebleau is known for its
attention to detail, and the Las Vegas hotel president Mark Tricano said: “Our
target customers are the people that appreciate the extra step and the
details because they know those take time, they take work and resources, they
take thought."
"We want to appeal to
those that appreciate those finer details," Tricano continued.
The $4 billion project has
over 3,600 rooms and is 67 stories tall, but due to construction issues and the
COVID-19 pandemic, the hotel is nearly two decades in the making.
Fontainebleau Development CEO
Jeffrey Soffer conceived the hotel, which
changed ownership several times over the years. The casino alone has 1,300
slots, 128 table games, and 550,000 square feet of convention and meeting
space.
“There were always rumors
that the property was going to be demolished and sold off or scrapped, that it
was worth more by doing that,” Michael Parks, an executive vice president
with commercial real estate firm CBRE Group Inc., said.
"But the (Carl) Icahn
organization did a great job of maintaining the facilities so that years later,
someone could come in and actually finish the property off," Parks
continued.
Resorts World was the most
recent addition to the Strip when it opened more than three years ago.
It was also the first hotel on the Strip to
debut a property-wide
multimedia experience.
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