Starwood Hotels & Resorts reached an agreement on Thursday with Las Vegas Sands Corp. to develop a St. Regis and Sheraton in Macau, a city that increasingly is being called the "new Las Vegas." The St. Regis, Starwood's luxury brand, will have 460 rooms and 400 residences and will open in 2009. The 4,000-room Sheraton Macao is expected to open its doors in 2009, and will be the largest hotel on the Cotai Strip, a planned development of resort casino properties. The new properties are only part of a major spurt to develop hotels in Macao. The Venetian Macao is targeting a May 2007 opening and will be joined thereafter by other prominent hotel brands such as Four Seasons, Hilton, Fairmont and Raffles.
Starwood to Build St. Regis in Macau
by David Eisen