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Starwood Hotels & Resorts has
signed an agreement with Las Vegas Sands Corporation to develop two hotels on the
Cotai Strip development
in Macau: The Sheraton Macao Hotel and The St. Regis Hotel & Residences, Macao. The 4,000-room Sheraton Macao Hotel is expected to open in
2008 and the 460-room St. Regis Hotel and over 400 St. Regis Residences will open in 2009. The Sheraton hotel will be
one of the largest hotels to be built on the strip, as well as Starwood’s largest hotel globally.
The two-hotel project is poised to provide a major presence for Starwood in
Macau, as well as being an integral part of a new flagship
development in the new “Las Vegas of Asia”. The Cotai Strip is a master planned development of resort casino properties on
Cotai, an area of
reclaimed land between the islands of Taipa and Coloane in Macao.
“Starwood is a well-respected international company and the Sheraton and St. Regis brands are synonymous with superior quality and service,”
said William P. Weidner, president and chief operating officer of Las Vegas Sands Corp. “Their presence on the
Cotai Strip speaks volumes to the
commitment we all have of establishing Macao as a true leisure and business travel destination.”
Macau is a Special Administrative Region of People’s Republic of China. It is located on the Southeast coast of China and the western bank of the
Pearl River Delta. Bordering on Guangdong Province, it is located 60km from Hong Kong and 145km from the city of Guangzhou.
Macau has had
an annual growth rate of close to 20% since 1998, with tourist arrivals expected to grow at an aggressive average of 18% annually.
The Sheraton Macao Hotel’s facilities will be located within two towers and will include approximately 4,000 rooms, 5 restaurants, over 140,000
square feet of meeting space, one health club in each tower, a spa, and two outdoor swimming pools. At the hotel, guests will experience
Sheraton's warm, intuitive service and signature amenities designed to provide travelers with a sense of community while on the road.
The St. Regis Hotel will offer guests approximately 460 rooms, including 341 standard rooms and 119 suites, 4 restaurants, meeting space, a
health club, a Remède Spa, and a swimming pool. The St. Regis Residences will feature over 400 residential units, ranging from one-bedroom to
four-bedroom units, a residence-only swimming pool and its own health club.
See
other recent news regarding:
Starwood,
Las
Vegas, Las
Vegas Sands, Macau,
Sheraton,
St.
Regis
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