The Parisian

The Parisian is a hotel in the Cotai Strip, Macau currently under construction by Las Vegas Sands. The Parisian will have a half-scale Eiffel Tower as one its landmarks. [1]It is expected to be operational in late 2015.[2]

Amenities

The hotel property will have more than 3,000 rooms and suites, 450 table games and 2,500 slot machines.[1]

Cost

The Parisian will 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. [3]Construction began in February 2013. [4]

References

  1. ↑ 1.0 1.1 Trefis Team (12 March 2014). "Why Is The Cotai Vision A Boon For Las Vegas Sands?". Forbes. Retrieved 21 August 2014.
  2. ↑ "INVESTOR RELATIONS". Sands China. 21 August 2014. Retrieved 21 August 2014.
  3. ↑ Vinicy Chan (20 September 2012). "Sands to Add $2.5 Billion Macau Resort in Biggest Casino Hub". Business Week. Retrieved 21 August 2014.
  4. ↑ Christopher Palmeri (1 February 2013). "Las Vegas Sands Rises as Macau Casino Results Beat Forecasts". Bloomberg News. Retrieved 21 August 2014.