Sands China Ltd. (HKSE: 1928), the majority-held subsidiary of global integrated resort developer Las Vegas Sands Corp. (NYSE: LVS), announced today that its elegant French-themed property, The Parisian Macao, will open its doors on Tuesday, Sept. 13, 2016.
The launch of the newest addition to the Sands China Ltd portfolio of properties on the Cotai Strip marks yet another major milestone in the company's efforts to support Macao's development as a world centre of tourism and leisure. The Parisian Macao brings Sands China's total Macao investment to more than US $13 billion (MOP 104 billion) to date.
Inspired by the magic and wonder of the famed City of Light, The Parisian Macao prominently features a half-scale authentic recreation of the Eiffel Tower. The property's full array of integrated resort facilities includes 3,000 guestrooms and suites, convention and meeting space, international restaurants, spa, kids' club, health club, pool deck with themed water park, 1,200-seat theatre, among other amenities. Its retail mall, Shoppes at Parisian, will offer the latest in fashion and couture in a setting reminiscent of the streets of Paris, with an eclectic mix of street artists and entertainers heightening the authentic experience.
Set to become a skyline-redefining landmark on the Cotai Strip, The Parisian Macao fulfils the original vision of Sheldon G. Adelson, chairman and CEO of Las Vegas Sands and Sands China Ltd.
"Our goal to create a large-scale leisure and business destination in Macao, which started with the opening of The Venetian Macao nearly 10 years ago, will be fully realized when The Parisian opens its doors in a matter of weeks," Adelson said. "It's unlikely another tourism development with the size and scope of the Cotai Strip will ever be achieved again. I am grateful for the hard work and determination of the countless people involved in this amazing development and the unwavering support of the people and government of Macao. Together, we have truly made history."
Sands China President Dr. Wilfred Wong said: "The Parisian Macao is a property that will help cement Macao's position as one of the region's must-see business and leisure destinations. With the launch of The Parisian Macao, Sands China remains committed to providing unforgettable experiences for our many guests and visitors – from around the world and from right here in Macao. We thank the Macao government for their continued support of our company, and our team members for their dedication and professionalism which bring our properties to life, day in and day out."
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