MACAO, China, Aug. 21, 2012 /PRNewswire-Asia/ -- Sands China
Ltd. (HKSE: 1928), a majority-held subsidiary of global integrated
resort developer Las Vegas Sands Corp. (NYSE: LVS), has announced
September 20, 2012 as the opening day
for the second phase of its Sands® Cotai Central
integrated resort.
(Photo: http://photos.prnewswire.com/prnh/20120821/HK60421)
Foremost among the new facilities is the opening of the first of
two hotel towers from Sheraton Macao Hotel, Cotai Central, with a
second tower opening in early 2013. The hotel is the world's
largest Sheraton at 3,896 guestrooms, as well as the largest hotel
in Macao. The hotel's Kashgar
grand ballroom will offer nearly 53,000 square feet (4,900 square
metres) of pillarless meeting and event space. And Shoppes Cotai
Central adds a second level of duty-free shops, plus additional
restaurants and an international food court.
The opening is the most recent benchmark in Sands China's push
to firmly establish Macao as one
of Asia's leading business and
leisure destinations. The opening will further expand the diversity
of choices on the Cotai Strip® with additional
accommodation, dining, entertainment, retail, gaming and meeting
and convention offerings. The company's Macao investment toward that goal is in excess
of US$8 billion to date, and will
soon bring Sands China's combined Cotai Strip offerings to over
9,000 rooms across five international hotels, 1.3 million square
feet (120,000 square metres) of meeting and exhibition space, over
600 luxury duty-free shops and more than 57 international
restaurants, bars and lounges.
"The opening of the Sheraton Macao Hotel at Sands Cotai Central
represents another milestone in my vision for the Cotai Strip,"
says Las Vegas Sands and Sands China Ltd. Chairman Sheldon Adelson. "I'm very happy to see Sheraton
join our growing family of integrated resorts on the Cotai Strip.
Sands China remains committed to
establishing Macao as a world
centre of tourism and leisure, and Asia's number one business and leisure
destination. The addition of Sheraton Macao Hotel, Cotai Central
and its impressive array of luxury accommodation is an important
development towards reaching that goal."
Sands China Ltd. President and Chief Executive Officer
Edward Tracy says, "Our team members
worked incredibly hard to launch Sands Cotai Central back in April;
they've worked equally hard to introduce the expanded facilities of
Sands Cotai Central to Macao this
September. All of us are excited to unveil this latest development
and we are already looking forward to serving our visitors with the
opening of our next phase in early 2013."
The opening ceremony will take place on September 20, with exciting entertainment
highlights to be announced. More information on Sands Cotai Central
is available at www.sandscotaicentral.com.
For high resolution versions of this and other related photos,
please access the Sheraton online media library:
www.starwoodassetlibrary.com/workspaces/?l=125992&r=lbxOwZEI
Statements in this press release, which are not historical
facts, are "forward-looking" statements that are made pursuant to
the Safe Harbor Provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve a number of
risks, uncertainties or other factors beyond the Company's control,
which may cause material differences in actual results, performance
or other expectations. These factors include, but are not limited
to general economic conditions, competition, new ventures,
government regulation, legalization of gaming, interest rates,
future terrorist acts, insurance, and other factors detailed in the
reports filed by Las Vegas Sands Corp. with the Securities and
Exchange Commission. Las Vegas Sands Corp. assumes no obligation to
update such information.
About Las Vegas Sands Corp.
Las Vegas Sands Corp. (NYSE: LVS) is a Fortune 500 company and
the leading global developer of destination properties (Integrated
Resorts) that feature premium accommodations, world-class gaming
and entertainment, convention and exhibition facilities, celebrity
chef restaurants, and many other amenities.
The Venetian® and The Palazzo®,
Five-Diamond luxury resorts on the Las Vegas Strip, and
Sands® Bethlehem in
Eastern Pennsylvania are the
company's properties in the United
States.
In Singapore, the iconic
Marina Bay Sands® is the
most recent addition to the company's portfolio.
Through its majority-owned subsidiary Sands China Ltd., the
company also owns a collection of properties in Macao, including The Venetian®
Macao, Four Seasons Hotel Macao,
and Sands Cotai Central, a 13.7 million square foot 6,400-room
complex opening in early 2012 at the company's COTAI
STRIP® development. The company also owns the
Sands® Macao on the
Macao peninsula.
Las Vegas Sands is also committed to global sustainability
through its Sands Eco 360º program and is an active community
partner through its various charitable organizations.
About Sands China Ltd.
Sands China Ltd. (HKSE: 1928, Sands China or Company) is a
subsidiary of global resort developer Las Vegas Sands Corp.
(NYSE:LVS), and a listed company on the Hong Kong Stock
Exchange. Sands China is the largest operator of integrated
resorts in Macao. The Company owns
and operates The Venetian® Macao-Resort-Hotel, The Plaza™ Macao and Sands® Cotai Central at
the Cotai Strip® and Sands® Macao on the Macao peninsula. The Company's integrated
resorts contain a diversified mix of leisure and business
attractions and transportation operations, including large meeting
and convention facilities, a wide range of restaurants, shopping
malls, world-class entertainment at the CotaiArena™ and the
Venetian Theatre, and high-speed CotaiJet™ ferry service between
Hong Kong and Macao. The Company's property development
projects on Cotai have the goal of transforming Cotai into
Asia's premier entertainment and
business destination.
For more information, please visit www.sandschinaltd.com.
Asia Media Contact:
Public Relations, Venetian Macau Limited
Melina Leong
Tel: +853 8118 2085
Email: melina.leong@venetian.com.mo
Mabel Wu
Tel : +853 8118 2268
Email: mabel.wu@venetian.com.mo
SOURCE Sands China Ltd.
