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Luxury Resort Hotel Comparables The following provides an overview of the anticipated competitive set for a future hotel resort development at the Site. The more recently opened properties are the Aria (as part of CityCenter) in 2009 and the Cosmopolitan in 2010 Venetian/Palazzo and Wynn/Encore opened in January and December of 2008, respectively. New ‘boutique’ entrants to the Strip opening in 2014 include The Cromwell Las Vegas, an upscale boutique property backed by Caesars Entertainment and SLS Las Vegas. It should be noted that all of the newer properties are geared toward the upper end of the market. aeons: wearer 1 — ag = COR EN Dn EMR POR jE OSV ALWALWAS In May 2015, Genting Gaming announced the ground breaking of Resorts World Las Vegas. Following this in June 2015, Crown Resorts announced the purchase of the former Frontier site for the development of Alon. These two projects will add approximately i 4 rom at FF ae is C= 4,000 high-end rooms to the Strip market. as oe fae : We ner ie 1 t a] | = H q ae = Aoi ae a! ao tn 1m 6 ‘oat kage pega] fey a Pages) ts , fo ogf up : ge) os 4 fogf 8a peas) ts y fof 88 ice foul fa ce | a : a5 1 Tho Ba (aaam fe | 0 98 aoe 6 [Lee ae a gae8.. a8 f . a geo fe ! a2 8 ; ae ae <= be ikea, imate ee te HOUSE_OVERSIGHT_018783

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Filename HOUSE_OVERSIGHT_018783.jpg
File Size 0.0 KB
OCR Confidence 85.0%
Has Readable Text Yes
Text Length 1,295 characters
Indexed 2026-02-04T16:36:06.905213