- Do not be confused with Macau Wynn resort.
Wynn Palace , also referred to as Wynn Palace Cotai, is an integrated resort owned and operated by Wynn Resorts in Macau, China. As the company's first resort on the Cotai Strip and the third skyscraper in Macau, Wynn Palace has luxurious hotels with 1,706 rooms, casino, 8-acre performance lake, gondola, meeting facilities, spa and salon, as well as retail and dining venues. With 29 floors and a construction floor area of ​​approximately 450,000 square meters, Steve Wynn describes it as "the most aggressive, ambitious and beautiful project" undertaken by Wynn Resorts. Construction begins in 2013 with an estimated total cost of USD $ 4.4 billion. between the beginning of 2013 and the opening on 22 August 2016. On January 28, 2016, Forbes described the upcoming Wynn Palace debut as one of the "20 Most anticipated Hotel Opening of the Year 2016." Once opened, the Las Vegas Review-Journal says "this project is the best [Wynn] ever produced," and the Associated Press writes that "the luxurious decor and the luxurious features of Wynn are known to be abundant." There are about 350 gambling tables, of which 60 are used as VIP tables.
Video Wynn Palace
Histori
Proposal dan tahap desain (2008-2011)
In 2006, the Wynn Macau hotel and casino was launched in Macau by Wynn Resorts, a Las Vegas-based hospitality and development company. Wynn Macau, Ltd. became a subsidiary of Wynn Resorts, with Wynn Resorts owning 72.2% of Wynn Macau, Ltd. After the opening of Wynn Macau, Wynn Enterprises expressed interest in opening a second resort nearby and started looking for land on the Cotai Strip, which is similar to Vegas Strip in focus on casino-luxury hotels and entertainment.
In 2008, Wynn Resorts paid US $ 50 million for Tien Chiao Entertainment and Investment Company Limited "in return for the company that waived its rights to what is now the site of Cotai Wynn," a 52 acre (210,000 m 2 ) plots near casinos like Dreamland, Las Vegas Sands, St. Regis Macao, and Sheraton Resorts. Steve Wynn, chairman and chief executive officer of Wynn Resorts, announced in mid-August 2010 that he would build a new casino resort on the plot, and that the Cotai project could be damaged in March or April 2011, or shortly after the design the building is complete. He estimates that the resort can be opened within five years after the commencement of construction. The overall development was initially projected to cost more than MOP 20 billion, and would more than double the operator's hotel rooms in China's special administrative region (SAR). Design development has been developed throughout 2010 and early 2011.
Contract of land concession (2011)
On May 16, 2011, Steve Wynn expects the Macau Government to approve an application for the Cotai resort soon, with construction to begin soon. Wynn told the press in May 2011, "I believe the Cotai project is the best work we have done... it has many new things and new approaches to the way the property is presented.... now we have nine years of experience in Macau, such as which you see with [Encore in Wynn Macau] we learned how to really address the emotional and physical needs of our guests. "At the time, Wynn estimated that the proposed casino hotel would require about 9,000 staff.
Wynn Macau announced on 12 September 2011 that it has received a land concession contract from the Macau government to develop 51 hectares (210,000 m 2 ) from the plot. In particular, the contract allows Wynn Resorts (Macau) S.A. and Palo Estate Company Ltd unit of Wynn Resort to develop a resort containing five star hotels, game areas, retail, entertainment, food and beverage outlets, spas and convention deals. Under the contract, Palo Estate will lease land from the Macau government for an initial period of 25 years, with the right to renew the lease. On top of the USD $ 193 million land premium payment to the Macau government, Palo also has to pay USD $ 771,738 in annual rent during the resort development phase, which increases to USD $ 1 million in annual lease after the construction is completed. In December 2011, Wynn made a $ 62.6 million deposit for the land, with eight more projected payments of $ 16.4 million. At that time, the overall project budget was estimated at USD $ 2.5 billion, with the design still in flux.
Approval and breakthrough (2012-2013)
On May 1, 2012, Wynn Macau received official approval from the Macau government for its Cotai resort, which paved the way for the ground to be broken on the recessed road. Costs were not revealed at the time, although most of the financing was in the form of cash and some loans. Wynn Macau, Ltd. announced on June 5, 2012 that it has commenced the first phase of construction, with an estimated cost of USD $ 4 billion and a projected construction schedule of approximately four years. Overall, the development will be equal to 557,000 square meters, with the height of skyscrapers limited to 120 meters (about 390 feet) due to the nearest airport. The design of the resort as of June 2012 includes hotels with convention rooms, shops, entertainment, ten restaurants, 500 gambling tables, spas, boardrooms and nightclubs named 'Climax,' among other attractions. Although no real estate projects are announced as part of a new casino resort, Wynn states that there is room to develop such properties if policies are allowed.
The pre-foundation work begins in February 2013, with the name of the new skyscraper, Wynn Palace, was first announced on July 29, 2013. Steve Wynn described Wynn Palace as "the most aggressive, ambitious and beautiful project" he ever did, new ones such as gondolas, alas, and lakes with an area of ​​30,000 square meters at the entrance and 1,700 hotel rooms. Construction companies Leighton Asia, India and Offshore Group completed a $ 2.6 billion contract design and contract contract on July 30, 2013 to build Wynn Palace, with clients listed as Wynn Resorts (Macau) SA and Palo Real Estate Development Company SA Leighton Holdings has been selected as the preferred contractor in November 2012, and has previously built Wynn Macau. Leighton projected the 2016 completion date for Wynn Palace. Wynn Macau, Ltd. has invested a total of USD $ 519 million in this project in the summer of 2013, with $ US $ 109.9 million invested during the third quarter of that year.
Initial stages of construction (2014-2015)
In the summer of 2014, Wynn Macau, Ltd. is one of only six licensed casino operators in Macau. In July 2014, Reuters reported that the Macau corruption agency was examining the sale of Wynn's Cotai plantation estate in 2008 for signs of corruption, after the International Operations Workers Union called for an investigation into "how a lesser-known company. [ As Tien Chiao Entertainment and Investment Company have] secured the rights to the land before it was given to Wynn. "In response, Macau Land, Public Works and Transportation Bureau announced that the land grant has followed legal procedures.
The Foundation for Wynn Palace is being built in July 2014. During the next construction process, at one point eleven tower cranes from Comansa CM are used simultaneously. The work began on the casino interior design in October 2014, with the declaration of the interior decoration of the Chinese Sundart Subcontractor completed in November 2015. On February 2, 2015, Wynn Macau, Ltd. announced that the opening of Wynn Palace has been delayed, and will no longer take place before Lunar New Year 2016.The delay was caused by the approval of late and incomplete worker licenses, with Barron's Asia explaining that "they only received 700 workers after asking for 1000 and approval came three months late Wynn said they needed a total of 7000 workers , which means they need approval for another 1600-1700. "The resort announced that they are still in budget despite the delay, with new launch forecasts for the first half of 2016.
Stage of final construction (2015-2016)
Around USD $ 374.3 million was invested into Wynn Palace Cotai project during the first quarter of 2015, making an accumulative investment of USD $ 2.2 billion. As of April 2015, the total projected budget includes "construction costs, capitalized interest, pre-opening fees, land costs and funding costs" is USD $ 4.1 billion. Wynn Macau, Ltd. is seeking government approval for 500 gambling tables in the fall of 2015. In November 2015, about 130 non-resident construction workers for Wynn Palace held meetings outside the PRC's Liaison Office, accusing unpaid and overtime voluntarily. The Employment Affairs Bureau (DSAL) later stated that they had known the situation since October 2015, and had promised staff to check the issue. Also in November 2015, general construction delays prompted a projected reopening of three months, from March 25, 2016 to the original date of June 25, 2016. As a result, Leighton Holdings (later renamed CIMIC) lost access to USD 38 million bonuses. The share value of Wynn Resorts fell 6 percent after the announcement, before rising again shortly thereafter. Wynn Macau, Ltd. declared in January 2016 that if substantial delays continue, CIMIC may be liable for damages of USD $ 200 million. Upon further updates, the expected opening date is August 22, 2016.
Although Wynn Palace was built to have room for 500 gambling tables, it was reported that Wynn Palace was only given 100 gambling tables when opened, with 50 others being distributed before 2019. As a result, Wynn moved 250 tables they agreed from near Wynn Macau to Wynn Palace leading to a total of 350 tables at Wynn Palace and 270 at Wynn Macau. Sixty of a total of 400 tables in the casino are reserved for VIP guests, high concentrations compared to other Cotai casinos.
Opening and Receiving
On January 28, 2016, Forbes described the upcoming Wynn Palace debut as one of the "20 Most Expected Hotel Opinions of 2016." Despite attempts on behalf of the Chinese government to make the new Cotai casino to family-friendly places, before opening Steve Wynn described Wynn Palace as "for adults" and "pitched at the age of 21 years or older." On August 22, 2016, Steve Wynn launched the resort at an event unveiled by political figures such as Chui Sai On of Macau. The official opening time for the casino is at 8 pm on Mondays, considered an important cultural period, with the opening ceremony held around the musical fountain and in the ballroom. The Macau Post Daily wrote the following day that the opening drew "many people to Cotai to try their luck at the new casino," and Wynn Palace's design met with a positive response.
A week after the opening of the resort, analysts claimed that the casino has caused a "sluggish" rise to "marginal" in mass market customers in Macau, with Credit Suisse reporting that the VIP business to Macau remains consistent. Although Cotai gambling benefits continue to decline since 2014 due to the government's crackdown on corruption, among other factors, Macau's gross game revenue grew 1.1% in August to $ 2.4 billion, "the first growth since May 2014 and beat estimates street 1.5% drop. "Barron's is credited" Macau casino operator "and the opening of Wynn Palace for improvement. Given that Macau is experiencing a "revival" of the market, on September 16, 2016, Nasdaq reported that Wynn Resorts shares "climbed to a 52-week high." For Wynn Resorts, "gross game revenue (GGR) for August is up 1.1%," and AFR Weekend writes that Wynn Resorts "gambling in Macau has been paid off, per" signs that revenue in the gambling scene has passed a key point inflection. "
Maps Wynn Palace
Features
Design and architecture
Opened on 22 August 2016, Wynn Palace resort on the Cotai Strip includes a luxury hotel with 1706 rooms, casino, convention room, spa and salon, and a place for retail, entertainment and dining. Steve Wynn described it as "the most aggressive, ambitious and beautiful project" he ever did, with Bellagio's "reminiscent" design in the use of fountains and illumination as the main attraction. With a construction floor area of ​​approximately 450,000 square meters, after topping off in 2015 the main Wynn Palace tower is 377.30 meters, with 29 floors and design by Wynn Design & amp; Development. According to the Las Vegas Review-Journal, "spaces to guest rooms are more spacious than those found in conventional hotels to evoke a sense of luxury living." The article goes on to say that "the largest suite - there are four penthouses - has 3,900 square feet of living space, two master bedrooms with floor-to-ceiling views of the lake, closet booth, media room, grand piano and 24-hour butler service. the bed has an Italian sheet of 800-thread. "
Attractions and places
The resort has a number of attractions and venues, including convention rooms, shops, restaurants, gambling tables, meeting rooms and nightclubs named Climax . There are 18,580 square meters of luxury retail space at Wynn Palace Esplanade, and as of September 2016, brands such as Chanel, Chopard, HermÃÆ'¨s, Franck Muller, Panerai and Brioni have established outlets. There are eleven dining spots at Wynn Palace, with four fine dining restaurants, and seven casual restaurants. One of the fancy restaurants, Wing Lei Palace, designed by Roger Thomas.
GOCO Hospitality operates a spa area of ​​4,500 square meters, with 16 treatment rooms and four spa suites, as well as beauty salons and salons, tea lounge, juice bar, gym and foot massage area. The spa offers a $ 450 facial with gold leaf and crushed diamond.
Exterior features include air transport systems with gondolas, baseball parks, and 26,783 square meters (288,290 sq ft) Lake Performance at the entrance. The Performance Lake is a fountain created by WET Design, with over 1,000 jets and 2,000 lights synchronized to Beethoven and other music pieces.
Interior design and artwork
Steve Wynn describes the theme of interior design as "flower," explaining "the use of... water and natural light and flowers have been brought to a new level." Jerry Sibal was appointed Director of Design, Development and Interest for Wynn Palace in April 2015, arriving in Macau in September. The interior design of the Chinese subcontractor Sundart publishes some design photos of Wynn Palace in June 2015, featuring a floral theme. Some flower statues move. There are flowers of Preston Bailey's carousel and Ferris wheel in the atrium, among other projects.
Chinese fine arts and antiques are featured in the resort, including $ 150 million of art at the opening. Wynn Macau, Ltd. first paid Ã, Â £ 8 million (USD $ 12.8 million) at an auction in London on July 7, 2011 for a set of four Chinese porcelain vases of the 18th century, as well as a Chinoiserie rug. Explicitly purchased for Wynn Palace, Roger Thomas of Design and Development Wynn said after the sale that "we are delighted to return these outstanding quality works to the city of Macau." The 16th-century Louis XIV Beauvais Chinoiserie of 'The Emperor on a Journey' was featured on October 27, 2011 in the Wynn Macau lobby, and will "later join other artworks at the new hotel in Cotai," Wynn said.
Transportation
Wynn Palace is close to the ferry terminal and the Macau International Airport, and in 2012 it was announced that the new Macau monorail will stop by the lake at the resort. In 2013 it was announced that Wynn Palace will have a light rail station stop in the middle of lake performance. The light rail will have a bridge to the west to the casinos such as City of Dreams, Hyatt and MGM, and east to the Wynn Palace pavement. Direct connection to the Wynn gondola system is under construction as well.
See also
- Gambling in Macau
- Wynn Palace on the Cotai Strip
- Listing property on the Cotai Strip
- List of tallest buildings in Macau
- List of Macau casinos
References
External links
- WynnPalace.com (in English)
- WynnPalace.com (in Chinese)
Source of the article : Wikipedia
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