

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
Real Estate prices skyrocket 60% in Chetumal
The lack of low-income housing options.
Yucatan was elected venue for the third edition of Travel Po Up
Yucatán was chosen as the venue.
Great vaquería is carried out in Kanasín in honor of San Isidro Labrador
With the start of the great.
Homicide suspect arrested in Tizimín tried to run over an agent
An individual in Tizimín tried to.
SSP firefighters put out a fire in Valladolid municipal dump
Firefighters from the Ministry of Public.
SSY reports 40 new infections by Covid in Yucatan
From Monday 16 and until Thursday,.
Valet parking worker gets shot at Tulum restaurant
A valet parking worker was shot.
Protesters show up at informative public meeting regarding the Maya Train Project in Mérida
On Friday, May 13th, civil groups,.
Renán Barrera seeks to attract projects from countries members of the European Community
“The best way to promote economic.
Homicides and extortions unstoppable in Acapulco, Mexico
With information from Alina Navarrete Fernández/Correspondent / Latinus.
Leave a Comment