IHG and Hilton sign deals with Sands China
05 August 2011
Sands China, a subsidiary of global resort developer Las Vegas Sands Corp., has announced that it has signed franchise agreements with Hilton Worldwide and InterContinental Hotels Group (IHG). Hilton and IHG are to launch their respective Conrad and Holiday Inn brands at Sands' newest Cotai Stripdevelopment in Macao early next year.
Sands China also announced that the property long-referred to as parcels five and six has now officially been named Sands Cotai Central. Cotai Central will feature a combination of 6,000 rooms and suites from the Conrad, Sheraton, Sheraton Towers and Holiday Inn brands. It will also have expansive meeting and convention space, two casinos, and an offering of luxury retail outlets, entertainment and dining options.
Hilton Worldwide's five-star Conrad Macao, Cotai Strip is expected to open at Cotai Central in the first quarter of 2012 and will feature more than 600 rooms and suites. The four-star Holiday InnMacao, Cotai Strip by IHG is also scheduled to open late first quarter 2012. It will feature more than 1,200 rooms and suites.
"When the doors to the rooms and suites at Cotai Central start swinging open early next spring, Macao's metamorphosis from a gaming-centric regional location into an international leisure and business destination will be one step closer to completion," said Sheldon G. Adelson, who serves as chairman of both Sands China Ltd. and Las Vegas Sands Corp. "With internationally-renowned hotel brands, countless non-gaming attractions, and casino facilities which represent less than 2% of the property's total space, we would be proud to have Cotai Central become the government's model for future development in Macao."
It was revealed in March that Sands China was in talks with Hilton as well as Marriott International for a project in Macau following the termination of an earlier agreement between Sands China and Shangri-La Asia.
At the time, Sands China said it expected to open its phase of parts five and six of the Cotai Strip by the end of 2011.
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