Nov

3

Ok, now its official…i think

Filed Under Macau, Macao, Cotai, Venetian Macao, Four Season's Hotel Macao, Cotai Strip® | Leave a Comment

Looks like the Cotai Strip condos are back up for sale.  From today’s LVS filing:

On October 29, 2008, the office of the Secretary for Transportation and Public Works for the Macau Special Administrative Region of The People’s Republic of China (the “Macau Government”) published an amendment (the “Land Concession Amendment”) to the Land Concession by Lease (the “Land Concession”) between the Macau Government and Venetian Cotai, Limited (”VCL”), an indirect wholly-owned subsidiary of Las Vegas Sands Corp. (the “Company”) in Macau’s Official Gazette (the “Official Gazette”).

The Land Concession Amendment separated the retail mall use from the hotel use for Lot II (the “Four Seasons Macao Hotel”) and authorized VCL to subdivide the Four Seasons Macao Hotel into four independent strata title units consisting of the following: (i) a five star hotel, including gaming areas, entertainment, leisure, restaurants and other supporting areas (112,167 square meters); (ii) a four star apartment-hotel, which corresponds to the most luxurious classification of apartment-hotel permitted in Macau (101,028 square meters); Read more

Oct

22

Cotai Strip condos for sale

Filed Under Macau, Macao, Las Vegas Sands, Real Estate, Four Season's Hotel Macao, Cotai Strip® | Leave a Comment

cotai strip real estate condos

Las Vegas Sands Corp. announced today that the government of the Special Administrative Region of Macao has approved the legal separation of the company’s Four Seasons apartment hotel tower from the other components of its Four Seasons parcel on the Cotai Strip®. The legal separation of the property will allow the company to transfer the apartment hotel building into a separate cooperative holding company and to sell cooperative interests in the tower in a manner similar to the way apartment units are sold in New York City and other international locations. In addition, the approval from the Macao government clears the way for the company to monetize the cash flow generated by The Shoppes at Four Seasons, its 200,000 square foot luxury retail mall, which is also located on the Four Seasons parcel. Read more

Aug

28

Cotai Strip takes next step, opens Four Seasons Hotel Macao, Cirque’s Zaia, and more shopping

Filed Under Macau, Macao, Shopping, Four Season's Hotel Macao, Cotai Strip®, Zaia | Leave a Comment

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 - News) 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, Read more

Aug

22

LVS tries to calm fears before Cotai Strip’s Four Seasons Hotel opens

Filed Under Macau, Macao, Cotai, Four Season's Hotel Macao, Cotai Strip® | Leave a Comment

A week before the opening of Las Vegas Sands’ newest $1 billion addition to Macau’s Cotai Strip, company President Bill Weidner downplayed Chinese media reports that the government wants to slow visitation into the gambling enclave.During a conference call Wednesday to discuss the Aug. 28 opening of the 360-room Four Seasons Macau, which is attached to the company’s massive 3,000-room Venetian Macau, Weidner said the bulk of the company’s Chinese visitors come from areas of the country that would not be affected by government-imposed visa restrictions.

Weidner also said company officials aren’t even sure China wants to enact the restrictions.

“This would be the fourth wave of visa restriction tweaking since 2000,” Weidner said. “I think the primary reason is they want to separate the wheat from the chaff. The restrictions are aimed at bringing a higher quality of visitors.”   Read more

Jun

16

Four Seasons Hotel Macao hiring

Filed Under Macau, Macao, Cotai, Four Season's Hotel Macao, Cotai Strip® | Leave a Comment

four seasons hotel macaoWe will be seeing a lot more of this over the next few years, but in much, much bigger numbers. The Four Seasons is relatively small compared to everything else that will be popping up in Cotai and the Cotai Strip® hotel complex.

Macau Daily Times reports: Read more

Apr

11

Four Seasons Macao opening pushed back

Filed Under Macao, Cotai, Four Season's Hotel Macao | Leave a Comment

Macau Daily Times is reporting that Cotai’s third hotel opening, the Four Seasons Hotel Macao, will now be opening sometime in the third quarter of 2008.  According to the General Manager, its not really a delay, “June was the target date but we have always said we were going to be around the third quarter of 2008.” Read more

Dec

30

Four Seasons Hotel Macao

Filed Under Macau, Macao, Cotai, Four Season's Hotel Macao | 1 Comment

Four Seasons Hotel Macao announced it is scheduled to be open mid-2008 on The Cotai Strip®. This will be the third hotel casino to open in Cotai - in case you’re counting. I’ve read reviews where people think the Venetian Macao is too big, is dead at times, etc. Don’t forget they built it for another 20-30,000 nearby hotel rooms that will open over the next few years. This is just the second opening on LVSs Cotai Strip. Be patient people. Read more