Caesars’ Original post-bankruptcy properties set to open doors in Dubai at mid-November
Hotel room bookings are now readily available for Caesars Entertainment Corp.’s two new non-gaming hotels in Dubai, Casino News Daily has heard. It appears that one of both properties is set to open doorways in mid-November and the other will welcome its guests in ancient December, or even just a little more than a year after the Las Vegas gaming and hospitality giant emerged out of a protracted Chapter 11 bankruptcy.
The introduction of two hotels in Dubai comes as part of the business ’therefore approach to expand its portfolio using non-gaming operations and also to expand its brands across different jurisdictions.
News about Caesars’ expansion to the United Arab Emirates first emerged this spring. The company announced that it would operate two non-gaming hotels as component of the larger Bluewaters Island development project, handled by the state-linked Meraas Holding.
Caesars Palace Bluewaters Dubai and Caesars Bluewaters Dubai will feature as numerous as 479 hotel rooms, in addition to distinct food and drink, entertainment, and retail choices. As stated previously, the properties won’t offer any casino-style gambling services as this kind of activity is illegal in the UAE and the region as a whole.
Hotel room bookings at Caesars Palace Bluewaters Dubai are available from November 15 onwards. Guests can choose from different alternatives, including rooms with ocean views from the Arabian Gulf. Rates start at AED2,080 per night for a Resort Deluxe King Room overlooking the “verdant gardens of Bluewaters Island”. Bookings at Caesars Bluewaters Dubai are available in December 1 onwards. Room rates start from AED1,360 per night for a Resort Deluxe King Room.
Caesars’ Expansion Strategies
The organization has said that it is always looking to expand to the the Middle East. Following the upcoming launch of both Dubai hotels, Caesars are also eyeing expansion into Saudi Arabia, since it’s pointed out. Saudi Arabia is looking to reduce its heavy reliance on oil exports and also to create a non-religious tourism business which will only make it attractive to Western firms such as Caesars.
The Las Vegas company announced earlier this year that it might create a non-gaming Caesars Palace-branded resort in Puerto Los Cabos, a favorite coastal tourism attraction in Mexico. Caesars said it would invest $200 million inside that project. Building work on the beachfront property is anticipated to commence in the first half of 2019.
Besides expanding its non-gaming surgeries across multiple jurisdictions, Caesars might also be looking to expand its global gambling footprint. It’s emerged that the organization is just one of the likely bidders for the performance of a €1-billion casino as part of a larger, €8-billion incorporated resort that is planned to be built in the site of the former Ellinikon International Airport near Athens, Greece. Bidding process for the gaming permit is yet to be opened by local regulators, but it is thought that Caesars continues to be one of the first significant casino operators to have lodged interest in the grand strategy.
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