Galaxy Cotai Opening Late 2009
Buried within Galaxy Entertainment's 2008 Half Year Results is a couple of nuggets re: their Cotai project, including it's "official name."
It might be worth it to mention that the name shuffling of the Cotai project reads like a segue-filled 1973 Grateful Dead setlist:
Galaxy Megaresort >
Galaxy World >
Galaxy World Megaresort >
Galaxy Megaresort >
So the official name now is Galaxy Macau. Galaxy Macau, a "Mystical Oasis," will "redefine the gaming experience in Macau and set a new standard for hospitality in Asia."
It's kinda funny... if Steve Wynn uttered those words, I'd believe it... Galaxy, not so much. Mythical oasis? Insert Merv Griffin faux fascinated 'Ooooooh' here.
Here's more from their release:
Galaxy Macau, themed "Mystical Oasis", will be a distinctive resort and aimed at the discerning Asian consumer. At the heart of the development will be a unique casino in terms of architecture and surprising Asian features. This will include a retail boulevard presenting world renowned fashion and cosmetic brands, lush podium gardens, a wave pool, white sand beach, floating private villas and exclusive poolside cabanas. The white and gold facade towering over Cotai is distinctively designed to immediately capture visitor's attention.
The hotel in tower one, a 5-star 1,500 room property, will be operated by Galaxy. Two additional hotels in the second tower will be managed by the Japanese luxury hotel group Okura and the world's leading resort brand, Banyan Tree, respectively. Both are due to open in late 2009.
Starworld is gorgeous. Certainly not perfect by any stretch, but the service is fantastic. That being said, something about the Cotai project, possibly the scale of it, makes me doubt whether or not Galaxy will be able to pull it off. I have no evidence, just a gut feeling. Operating CityClubs and a boutique casino/hotel are completely different beast taming operations than a true megaresort.