Caesars Entertainment is furthering its non-gaming presence in Mexico. Following closely on their latest declaration to construct two non-gaming resorts in Dubai, the international casino and resort enterprise has proclaimed its third non-gaming resort, this time situated in Los Cabos, Mexico.
The $200 million Caesars Palace Luxury Resort Los Cabos will boast 500 rooms and suites, in addition to dining establishments, entertainment options, a spa, fitness facility, swimming pools, tennis courts, and a golf course. It will also encompass a sizable 40,000 square-foot convention center.
The corporation referenced a 40% surge in traveler volume from the US and Canada to the zone over the preceding three years as a leading factor for selecting the region for expansion.
Development on the endeavor is anticipated to commence in the initial half of 2019, with regional property developer Grupo Questro overseeing the construction phase. Upon finalization, Caesars Entertainment will administer the property and gather licensing and management charges.
Commenting on the company’s newest investment, Mark Frissora, President and CEO of Caesars Entertainment, stated, “Introducing Caesars Palace to Los Cabos will signify continued advancement on our strategy to broaden our non-gaming enterprises in frequently visited vacation destinations and gateway markets.”
This represents a significant achievement for our organization – the inauguration of our very first resort property within Mexico. It truly highlights the international power of the Caesars brand.”
That’s how [Name Omitted], a senior leader at Grupo Questro, articulated the enthusiasm surrounding this new endeavor. He continued, “We are delighted to collaborate with Caesars to introduce their renowned brand to Cabo San Lucas. Caesars enjoys global recognition for its opulent offerings, and we are certain this resort will be a major attraction for travelers worldwide.”
However, Caesars’ expansion plans may not conclude there. Speculation is circulating that the company is also considering Australia as a prospective market. News sources in Australia are indicating that Steven Tight, Caesars’ chief of global development, has been observed meeting with tourism representatives on Australia’s Gold Coast. Could a Caesars integrated resort be the next significant development for the Australian tourism sector?