Wynn Resorts doubles profit
by Tom Walker | 11 Aug 2010
Casino and hotel operator Wynn Resorts has more than doubled its second quarter profits, mainly thanks to a strong performance by its Macau operations.
Wynn reported profits of US$52.4m (£33.4m, €40m) for the three months to 30 June, up from $25.5m in 2009, as net revenues at Wynn Macau rocketed by 74.1 per cent.
During the period, the group opened Encore at Wynn Macau, a further expansion of Wynn Macau.
Encore includes a resort hotel with 410 luxury suites and four villas along with restaurants, additional retail space and gaming space.
At its Las Vegas resort, Wynn achieved an occupancy rate of 92.6 per cent, up from the 86.6 per cent generated in the same period in 2009.
Casino and hotel operator Wynn Resorts has more than doubled its second quarter profits, mainly thanks to a strong performance by its Macau operations. Wynn reported profits of US$52.4m (£33.4m, €40m) for the three months to 30 June, up from $25.5m in 2009, as net revenues at Wynn Macau rocketed by 74.1 per cent. During the period, the group opened Encore at Wynn Macau, a further expansion of Wynn Macau.
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The UAE’s first-ever Dior Spa has officially launched at The Lana, Dubai – the Dorchester Collection’s debut property in the Middle East. Bathed in natural daylight on the hotel’s 29th floor, Dior Spa The Lana was designed by architecture and interior design firm Gilles & Boissier. The 4,300sq ft spa – Dior’s fifth globally – features five treatment rooms and one couple’s suite. Facilities also include a futon for Japanese-inspired
Europe's premier Evian Spa unveiled at Hôtel Royal in France
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Europe’s first Evian Spa has opened at the five-star Hôtel Royal in Evian-les-Bains, France – the birthplace of the mineral water brand. The spa has been realised following a comprehensive 12-month renovation of the hotel’s existing wellness facilities and was curated to capture the essence of revitalisation. Spanning 1,700sq m, the Evian Spa embraces the ethos of its namesake brand, drawing inspiration from the beauty of nature's water cycle. Evian's
Clinique La Prairie unveils health resort in China after two-year project
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Swiss medical wellness and longevity brand Clinique La Prairie has unveiled its highly-anticipated health resort in Anji, China. The opening marks the brand's debut in China and its first international Health Resort outside of Switzerland. “We’re thrilled to announce the opening of our resort in China, representing a monumental leap in our mission to expand our legacy of excellence globally,” said the company in a statement. “The new resort is
GoCo Health Innovation City in Sweden plans to lead the world in delivering wellness and new science
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Four Seasons announces luxury wellness resort and residences at Amaala
by Megan Whitby | 22 Mar 2024
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Aman sister brand Janu debuts in Tokyo with four-floor urban wellness retreat
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Janu – Aman’s highly-anticipated sister brand – has opened its inaugural hotel in Tokyo, marking the first in its pipeline of 13 properties across city, country and coastal destinations. Meaning ‘soul’ in Sanskrit, Janu was first announced in 2020 and is a hotel, residence and lifestyle brand based on social connection, equilibrium and human interaction. With 122 rooms and suites, Janu Tokyo and has opened among a landmark building designed
€38m geothermal spa and leisure centre to revitalise Croatian city of Bjelovar
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by Megan Whitby | 09 Feb 2024
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by Megan Whitby | 26 Jan 2024
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by Megan Whitby | 19 Jan 2024
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by Kath Hudson | 18 Jan 2024
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by Liz Terry | 11 Jan 2024
Huafa Snow World, a 131-hectare sport and entertainment destination in Shenzhen, China, designed by architecture firm, 10 Design is slated to open in 2025. The development is anchored by a 80,000sq m indoor ski resort, currently expected to be the largest of its kind in the world when it opens. Huafa Snow World will have a balance of retail, entertainment, commercial, hospitality, civic and cultural elements with the aim of
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by Megan Whitby | 05 Jan 2024
Rural Scottish retreat Murrayshall Country Estate has received the green light for its £30 million (US$38 million, €34.8 million) masterplan. The proposal includes plans for an extension to the 40-key four-star hotel in Scone, Perthshire, as well as the addition of a new spa and leisure facility with treatment rooms, a spa pool, spa cafe, gym and studio, a leisure pool and outdoor spa terrace. Proposed updates also include a
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by Kath Hudson | 04 Jan 2024
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by Megan Whitby | 03 Jan 2024
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by Kath Hudson | 29 Dec 2023
Universal Studios is assessing the feasibility of opening its first European resort in the UK, following the purchase of a former brickworks in Bedfordshire. The theme park operator has confirmed it’s in the “very early stages of exploring the possibility of a potential park and resort experience in Bedford.” Parent company, Comcast Corporation has purchased the 480-acre site, which previously had planning permission for 1,000 homes. Universal Destinations and Experiences
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by Kath Hudson | 19 Dec 2023
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by Kath Hudson | 18 Dec 2023
KSL-owned Third Space has unveiled its latest club in Wimbledon, south-west London. The development marks the first of many forays into residential locations for the operator, following the recent securing of a loan facility of £88.5m. This is the ninth club from the premium fitness operator which has four further openings slated for residential areas of London in the next two years: Battersea, Clapham Junction and Wood Wharf in 2024
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Three years after Pegasus Capital bought Six Senses, how close is the private equity firm to realising its goals for its first spa and hospitality investment? Pegasus’ founder Craig Cogut tells us what’s been achieved and what comes next
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