Mandarin Oriental management agreement for its Las Vegas property was terminated this week with effective date of August 30, 2018. CityCenter complex sold the hotel to an undisclosed buyer that triggered the event.
Turns out that Hilton has made an agreement with this undisclosed new owner. The 392-room hotel is rebranded as Waldorf Astoria and will go through $50 million renovations to meet the brand requirements.
You can access Waldorf Astoria’s website here.
Here’s an excerpt from Las Vegas Review-Journal (access the piece here):
The rebranding announced Wednesday is a part of Waldorf Astoria’s western U.S. expansion following its 2017 opening in Beverly Hills, California, and a planned development in San Francisco within three years. The company currently has 20 properties in its development pipeline.
“Las Vegas continues to be one of the most exciting and luxurious cities in the world and we have a real opportunity to introduce the Waldorf Astoria brand in this market, where so many of the city’s visitors seek the highly covetable, unforgettable experiences that are ingrained in the Waldorf Astoria way of life,” said Martin Rinck, global head of Hilton’s Luxury and Lifestyle Group.
This is certainly an interesting development. Hilton’s brand in the United States is definitely more well known and mass market than Mandarin Oriental’s, although Las Vegas is popular among Asian tourists where MO is well known.
We should soon learn if this hotel will just become Waldorf Astoria on August 30, 2018 or if it will be under interim name/flag until the refurbishment is over.