Gone are the days where Las Vegas real estate was seen as a tacky tourist resort full of bad Elvis Tribute acts and run down casinos where the guests were more losers than winners.
Over the last few years, Vegas have gone through a major overhaul with new hotels, casinos and tourist attractions opening up. Also, a whole new range of clientele has begun favouring the famous resort for their vacations.
With the recent opening of their doors to the public, The Bellagio and the Wynn are both luxury hotels. These hotels have started a new trend for being the biggest and best resorts being built on Las Vegas real estate. From these, whole development plans have been put into place with at least five resorts and hotels being planned for later 2009 and early 2010.
These two resorts, the Wynn and The Bellagio have started a development frenzy in Las Vegas. They are knocking down the older and less fashionable hotels, casinos and resorts to make way for those that can rival only the best resorts in the world. Tourists hoping to win big with the influence of the new hotels and sparkling lights are travelling from far and wide to get a piece of the action.
With at least five new mega-resorts planned before the end of 2010, more tourists are expected to flock to the City. The Wynn has started this off with a new sister hotel which will be called The Encore. This alone will have 2054 rooms and is reported to be over 650 feet high. With a cost of $1.74billion, the jobs available in the area will increase at some speed and will no doubt have people vacationing from miles around.
The Wynn has started a trend which The Venetian has followed also opening a sister hotel called the Palazzo. This is meant to be opening very early on in 2009. The Venetian and The Palazzo combined will have over 7000 rooms. This is said to be the largest integrated destination resort that the world will have ever seen.
Currently in the construction process is the MGM Mirage $7.7 billion project that is to build a series of hotels and resorts on the strip in Las Vegas itself. Named as Project CityCenter, the series of hotels will again have over 7000 rooms once complete. MGM Mirage is said to be backing new plans to build another similar series of resorts that will be situated north of the famous resort Circus Circus. Not only that but Mr. Steve Wynn himself is said to be changing the gold course and centre that is sat behind the Wynn hotel into another multi-billion dollar series of hotels and resorts.
The Crown Las Vegas is currently going through the planning permission stages of its development. I is set to be the biggest and tallest resort reported to be standing at over 1880 feet in height. The Stratosphere currently stands 700 feet less than this. The Crown Las Vegas will span over 142 floors and with the development in motion, the giant should soon start to appear.
With new resorts and even an Elvis themed property being planned and popping up, making Las Vegas real estate the ultimate holiday destination. This is fast moving from a dream to a reality and with the old and outdated going out and the new, fresh and modern coming in, Las Vegas could soon be the brightest and best place on earth! - 21511
Over the last few years, Vegas have gone through a major overhaul with new hotels, casinos and tourist attractions opening up. Also, a whole new range of clientele has begun favouring the famous resort for their vacations.
With the recent opening of their doors to the public, The Bellagio and the Wynn are both luxury hotels. These hotels have started a new trend for being the biggest and best resorts being built on Las Vegas real estate. From these, whole development plans have been put into place with at least five resorts and hotels being planned for later 2009 and early 2010.
These two resorts, the Wynn and The Bellagio have started a development frenzy in Las Vegas. They are knocking down the older and less fashionable hotels, casinos and resorts to make way for those that can rival only the best resorts in the world. Tourists hoping to win big with the influence of the new hotels and sparkling lights are travelling from far and wide to get a piece of the action.
With at least five new mega-resorts planned before the end of 2010, more tourists are expected to flock to the City. The Wynn has started this off with a new sister hotel which will be called The Encore. This alone will have 2054 rooms and is reported to be over 650 feet high. With a cost of $1.74billion, the jobs available in the area will increase at some speed and will no doubt have people vacationing from miles around.
The Wynn has started a trend which The Venetian has followed also opening a sister hotel called the Palazzo. This is meant to be opening very early on in 2009. The Venetian and The Palazzo combined will have over 7000 rooms. This is said to be the largest integrated destination resort that the world will have ever seen.
Currently in the construction process is the MGM Mirage $7.7 billion project that is to build a series of hotels and resorts on the strip in Las Vegas itself. Named as Project CityCenter, the series of hotels will again have over 7000 rooms once complete. MGM Mirage is said to be backing new plans to build another similar series of resorts that will be situated north of the famous resort Circus Circus. Not only that but Mr. Steve Wynn himself is said to be changing the gold course and centre that is sat behind the Wynn hotel into another multi-billion dollar series of hotels and resorts.
The Crown Las Vegas is currently going through the planning permission stages of its development. I is set to be the biggest and tallest resort reported to be standing at over 1880 feet in height. The Stratosphere currently stands 700 feet less than this. The Crown Las Vegas will span over 142 floors and with the development in motion, the giant should soon start to appear.
With new resorts and even an Elvis themed property being planned and popping up, making Las Vegas real estate the ultimate holiday destination. This is fast moving from a dream to a reality and with the old and outdated going out and the new, fresh and modern coming in, Las Vegas could soon be the brightest and best place on earth! - 21511
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