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Las Vegas Sands Celebrates Opening of Second Cotai Strip(R) Property and Launch of New World-Class Retail and Entertainment Offerings
One year after the hugely successful opening of Macao's first truly integrated casino resort -- The Venetian Macao -- Las Vegas Sands Corp. (NYSE:LVS) today celebrated the opening of its second Cotai Strip(TM) property, the Four Seasons Hotel Macao. The celebration also marked the world premiere of Cirque du Soleil's ZAIA at The Venetian Macao, and the official opening of the luxurious new Shoppes at Four Seasons.
"Today marks yet another significant milestone in the overall effort to transform Macao into an international leisure and business destination," said Sheldon G. Adelson, chairman and chief executive officer of Las Vegas Sands Corp. "The key to building a successful tourist destination is being able to assemble the critical mass of attractions needed to make the location more unique and compelling than its rival destinations. That is why we continue to add more and more important components, like luxury retail and world-class entertainment, to our Cotai Strip development. The Cotai Strip's array of leisure, entertainment, and business offerings has already helped Macao attract a greater number of visitors from across the region and beyond and in the longer-term its popularity will further facilitate Macao's evolution into an extremely successful and desirable international tourist destination."
The new Four Seasons Hotel Macao, which is owned by Las Vegas Sands Corp., but operated and managed by the world-renowned Four Seasons Hotels and Resorts, features 360 beautifully appointed guestrooms and suites. It also includes several food and beverage offerings, an exquisite pool and garden area, and a variety of conference, banquet and business services and facilities.
"The arrival of the Four Seasons Hotel Macao, combined with the world-class retail brands of the Shoppes at Four Seasons, names like Gucci, Hermes, Fendi, Louis Vuitton and more, is a signal that a new era of luxury has arrived in Macao and that the Cotai Strip is ready to compete with the world's top luxury destinations," said William Weidner, president of Las Vegas Sands Corp. "Business and leisure travelers to Macao have given their seal of approval to our commitment to class and quality. As a prime example, in only its first year of operation the Venetian Macao has attracted nearly 25 million visitors and according to a study conducted by the University of Macao, more than 60 percent of all visitors to Macao identify a trip to The Venetian as their primary reason for visiting Macao."
Weidner said the Cotai Strip's growing reputation as one of the most luxurious destinations in Asia will be further enhanced by next year's arrival of the St. Regis and Shangri-La hotel brands. He also said that ZAIA, Cirque du Soleil's first permanent production to open in Asia, further establishes Macao and the Cotai Strip as a premier destination for world-class entertainment, especially when combined with the Cotai Strip Arena, which has already hosted more than 120,000 spectators since opening last August and has featured international acts like Beyonce, Celine Dion and The Police, as well as a variety of popular Asian acts and sporting events -- including a Roger Federer-Pete Sampras tennis match and exhibition basketball games featuring the USA's 2008 Olympic Gold Medal basketball team.
ZAIA, which is presented in a custom-built 1,800 seat theater inside The Venetian Macao, celebrates its World Premiere this evening with a special VIP performance.
The Shoppes at Four Seasons is Macao's first luxury shopping mall. The 211,000 square-foot mall is connected to the Grand Canal Shoppes at The Venetian Macao and the Four Seasons Hotel Macao. It features approximately 180 luxury brands, including more than 60 brands not previously offered in Macao. It also includes a variety of unique customer service, including a mall concierge, image consultants, private shoppers, hotel delivery service and complimentary limousine transportation.
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