(Macao, September 26, 2012) -Sheraton Macao Hotel, Cotai Central - the latest addition to Sands China's expanding Cotai Strip® development portfolio - enjoyed a record-breaking opening weekend (22 and 23 September), achieving 100 per cent occupancy on Saturday, and 90 per cent occupancy on Sunday. Unveiled to the public Thursday evening with a spectacular opening ceremony at Sands® Cotai Central, Sheraton Macao Hotel is the latest manifestation of Sands China's effort to establish Macao as a world centre of tourism and leisure, diversifying the accommodation options available to the millions of business and leisure travellers that visit the city each year.
"Occupancy rates for Sheraton Macao Hotel's opening weekend far exceeded our expectations," said Gunther Hatt, Executive Vice President of Operations for Venetian Macau Limited. "The projected occupancy at all Sands China properties for the upcoming 40 days after Sheraton Macao Hotel's opening subsequently exceeds our original forecast, reflecting a strong consumer demand for quality hotel rooms at affordable rates."
The addition of Sheraton Macao Hotel's 3,896 hotel rooms brings Sands China's total accommodation offering in Macao to over 9,000 rooms and suites - representing more than 35 per cent of the total guest rooms available in Macao.
Photo caption:The Deluxe Suite at Sheraton Macao Hotel, Cotai Central. The opening of the hotel's Sky Tower at Sands Cotai Central saw record occupancy rates during its opening weekend, with 100 per cent occupancy on Saturday night.
About Sands® Cotai Central
Opened in April 2012, Sands® Cotai Central is the centre point of the Cotai Strip® - the pathway to adventure, fun and fortune. Featuring three celebrated hotel brands - Conrad, Sheraton and Holiday Inn - Sands Cotai Central offers visitors to the Cotai Strip an expanded offering of affordable luxury available nowhere else in Macao, with approximately 6,000 hotel rooms and suites, and 1.2 million square feet (111,000 square metres) of retail, entertainment and dining facilities, and meetings and convention space. With over 90 retail outlets, Shoppes Cotai Central joins Shoppes Grand Canal and Shoppes at Four Seasons to offer a total of over 600 luxury duty-free stores to choose from - the most in any one single location in all of Macao. And with two spas, three health clubs and 300,000 square feet (28,000 square metres) of gaming space in two, uniquely-themed gaming centres, Sands Cotai Central provides a new level of luxury and accessibility to the Cotai Strip*.
* All numbers based on completion of all phases of development in early 2013.