Mandarin Oriental Hotel Group has received notice of termination of its management agreement for Mandarin Oriental, Las Vegas and will cease managing the hotel on August 30, 2018. The termination is consequent to the sale of the hotel by CityCenter Holdings, LLC, a joint venture between MGM Resorts and Infinity World Development Corp. Update: Waldorf Astoria Hotels & Resorts reports it will be assuming ownership of the property.
Mandarin Oriental launched the Las Vegas property in 2009. The hotel is one of only 13 properties around the world to have received the Triple Forbes Five Star Award – three five stars for the hotel, the spa and signature restaurant which it has received for seven consecutive years. The hotel’s location is placed directly on Las Vegas Blvd. in the heart of the city. It is also just a five-minute walk from the new entertainment complex, T-Mobile Arena, and just a 10-minute drive from McCarran International Airport.
Mandarin Oriental Hotel Group is an owner and operator of luxury hotels, resorts and residences around the world. Having grown from its Asian roots into a global brand, the Group now operates 31 hotels and eight residences in 21 countries and territories, including New York, Miami, London, Milan, Paris, Singapore, Tokyo, Shanghai, and more.
Mandarin Oriental has a pipeline of hotels and residences under development, and is a member of the Jardine Matheson Group. According to James Riley, Group Chief Executive of Mandarin Oriental Hotel Group, the company has 16 hotel projects under development.
For more on Mandarin Oriental, visit www.mandarinoriental.com.