Genting Bhd-owned Resorts World Las Vegas to open on June 24

Genting Bhd-owned Resorts World Las Vegas to open on June 24
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KUALA LUMPUR (April 20): Genting Bhd-owned Resorts World Las Vegas in the US will officially open its doors on June 24, 2021.

Resorts World Las Vegas claimed in a statement yesterday that the property is the first ground-up resort development on the Las Vegas Strip in more than a decade.

“After years of planning and constructing this monumental property with some of the most innovative partners in the industry, Resorts World Las Vegas will redefine the hospitality standard in Las Vegas with unmatched dining and entertainment, more variety of hotel accommodations than anywhere else on the strip, and the city’s most progressive technology,” said Scott Sibella, president of Resorts World Las Vegas.

According to Sibella, Resorts World Las Vegas hopes to play a role in Las Vegas’s rebound after what has been an incredibly challenging year for the destination and greater hospitality industry as the global economy contended with Covid-19 pandemic-driven movement restriction policies to curb the pandemic.

Resorts World Las Vegas said the property will feature among others 3,500 guest rooms and suites, a gaming floor and a 5,000-capacity theatre. 

"Resorts World Las Vegas is one of the largest hotel construction sites in the US, rapidly moving forward with over 3,000 construction workers on-site daily at the nearly 88-acre (about 35.2ha) site. 

"In partnership with Hilton Hotels & Resorts, Resorts World Las Vegas will integrate three of Hilton’s premium brands into its resort campus, including Las Vegas Hilton, the resort’s full-service brand; Conrad Las Vegas, Hilton’s lifestyle luxury brand; and LXR, Hilton’s network of independent luxury properties, which will operate as Crockfords Las Vegas, Genting’s internationally renowned ultra-luxury brand,” Resorts World Las Vegas said.

On Bursa Malaysia today, Genting Bhd’s share price had risen 10 sen or 2.1% to RM4.86 at the time of writing, which valued the group at about RM18.71 billion.

Genting Bhd has 3.85 billion issued shares, according to its latest annual report.

Chong Jin Hun