In a USD 214 million operation
CityCenter announces entry into definitive agreement to sell the Mandarin Oriental Las Vegas
The Hotel is located at the entryway of CityCenter and in the heart of the Las Vegas Strip.
2018-04-30
Reading time 40 seg
The Hotel is located at the entryway of CityCenter and in the heart of the Las Vegas Strip featuring 392 guestrooms, including 57 suites, 12,000 square feet of meeting space, five food and beverage outlets, and a two-level 27,000 square-foot spa. The Hotel is LEED Gold certified from the U.S. Green Building Council.
CityCenter Holdings, a venture between MGM Resorts International and Infinity World Development Corp, today announced that it has recently entered into a definitive agreement to sell the Mandarin Oriental Las Vegas and adjacent retail parcels for approximately $214 million in cash, subject to satisfactory completion of due diligence and customary closing conditions. The transaction is expected to close in the summer of 2018.
The Hotel is located at the entryway of CityCenter and in the heart of the Las Vegas Strip featuring 392 guestrooms, including 57 suites, 12,000 square feet of meeting space, five food and beverage outlets, and a two-level 27,000 square-foot spa. The Hotel is LEED Gold certified from the U.S. Green Building Council.
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