According to Review Journal, Caesars Entertainment Corp. has signed an agreement to manage a non-gaming, beachfront resort in Mexico as its seeks to bring its brands to more overseas markets.
The 500-room Caesars Palace in Puerto Los Cabos will feature a 40,000-square foot convention center, a full service spa, three restaurants, pools and amenities for sports and entertainment, the Las Vegas-based company said in a statement Wednesday.
Mexican developer Grupo Questro will break ground on the $200 million resort in the first half of next year. Caesars will receive a licensing and management fee. The property will become its first in the Latin American country.
The deal with Grupo Questro comes on the heals of a similar agreement signed last week by Caesars to manage two luxury, non-gaming hotels and a beach club in Dubai. That deal represented Caesars’ first venture into the non-gaming resort industry.
“Bringing Caesars Palace to Puerto Los Cabos will represent further progress on our strategy to expand the company’s non-gaming businesses into premiere resort and gateway destinations,” Caesars Chief Executive Officer Mark Frissora said in the statement.
Source: https://www.reviewjournal.com
Comments
more recommended stories
Unstoppable damage to the mangrove systems in Yucatan, new ecocide in Ría LagartosIn an area of 2, 500.
Cancun Welcomes Swoop’s Inaugural Flight from Toronto Hamilton AirportThree destinations in Mexico departing out.
More and more accidents involving motorcycle drivers in Yucatán“During the first 13 days of.
Rolando Zapata personally responds to accusations against himIn a three-minute video he recorded.
Two cases of sexual abuse in the same night in MéridaDespite campaigns to stop gender-based violence.
First Ecological Police in the state of YucatanPROGRESO, YUCATÁN.- At the Coordinated Municipal.
Tons of sargassum to invade Yucatan And Quintana Roo beaches in 2019YUCATAN MEXICO.- Tons of sargassum infest.
Campeche Wetlands At Risk Of DisappearingAround 200 thousand hectares of wetlands.
Two men arrested, one for buying and one for selling crack cocaine in MeridaFor their alleged participation in “crimes.
Martha Bárcena, the Mexican woman who will face TrumpMartha Bárcena, Mexico’s ambassador to the.
Leave a Comment