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Associated Luxury Hotels expands Las Vegas offerings
Thursday, April 12, 2007
Associated Luxury Hotels International (ALHI) has been engaged to handle the national sales responsibilities to the meetings industry for the now-under-construction CITYCENTER Resort & Casino in Las Vegas, the 4,002-room ultra luxury hotel and casino that will be the centerpiece of MGM MIRAGE’s $7 billion CityCenter mega mixed-use development project.

The CITYCENTER Resort & Casino, which will be a focal point of the 76-acre CityCenter project, is being designed and built to rival the quality levels of its sister resort, Bellagio. Additional offerings at the CITYCENTER Resort & Casino will include a casino and a Spa.

The official groundbreaking of the CityCenter mega-project was in April 2006. The resort hotel is in Phase A of the CityCenter project, with a targeted opening date in late 2009. The entire CityCenter project is scheduled for completion in 2010. Of particular note is that the multi-use project is being designed with green technologies to make it one of the world’s largest environmentally sustainable urban communities.

“We’re thrilled to be working with this impressive new luxury resort hotel, right in the center of Las Vegas’ renowned Strip, and as the heartbeat of the impressive and new CityCenter village,” said David Gabri, president and CEO of Associated Luxury Hotels.

“This will be the most exciting new luxury level addition to Las Vegas since the opening of the Bellagio, and we’re delighted to expand our partnership with MGM MIRAGE to add this resort to their other exceptional Las Vegas luxury level resorts within our portfolio. This will be an amazing property with outstanding meeting facilities, and the complete recreational package, that will provide a great new option for meeting professionals, incentive specialists, and association executives from around the world.”

The new CITYCENTER Resort & Casino becomes the seventh Associated Luxury Hotels Las Vegas member, joining such other established resorts that include MGM Grand, The Signature at MGM Grand, The Mirage, Bellagio, Mandalay Bay Resort & Casino, and THEhotel at Mandalay Bay.

“It is exciting that we can share these incredible and entertaining meeting venues with the clients we serve,” said Gabri. “It is a benefit for us to be able to discuss and provide different options, variable price points, and the remarkable meeting spaces with our resorts in Las Vegas. This enables our national sales team to find the right solution for the accounts, and most frequently, the precise dates and space for all types of programs in this incredibly popular American destination.”
Rania Deimezi - Thursday, April 12, 2007
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How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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