Caesars Entertainment has announced further expansions to its non-gaming resorts, with a planned $200m luxury property in Puerto los Cabos, Baja, Mexico, part of the firms brand expansion plans within new global markets.
The beachfront hotel, being developed by Grupo Questro, is set to feature 500 rooms and suites, a 40,000-square foot convention centre, a 25,000-square foot full service spa, three fine dining restaurants, an array of amenities including an entertainment venue, pools, cabanas, fitness centre, tennis courts and access to the two signature golf courses.
Caesars Entertainment will manage the property, and receive a licensing and management fee.
Eduardo Sanchez Navarro Rivera Torres, Executive President of Grupo Questro, stated: “We are very excited to work with our new partners to help bring the Caesars brand to Puerto Los Cabos.
“Caesars is known around the world, and we are confident that this luxury resort will be an incredible asset for global visitors.”
This follows news of the first Caesars Palace non-gaming properties, as well as a beach club, which are set to be constructed on the Bluewaters man-made island in Dubai.
Being managed by Caesars, who are teaming up with Meraas Holdings for the venture, it is expected that both Caesars Palace Bluewaters Dubai and Caesars Bluewaters Dubai will be operational in late 2018.
Mark Frissora, Caesars Entertainment President and Chief Executive Officer, added: “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.
“This resort will represent our first investment in Mexico, and it speaks to the global strength of the Caesars brand. We are looking forward to working with Grupo Questro to create a 5-star destination that reflects the best of Caesars offerings in the hospitality, dining and entertainment spaces.”
In addition, Caesars Entertainment has also announced plans to build a meeting and conference centre in Las Vegas, and has broken ground on a new Harrah’s-branded casino in Northern California.