Wednesday, February 24, 2016

Wynn Considering Golf Course Development

Siegfried and Roy are the unlikely source of a rumor presented in a Norm Clarke article claiming that Wynn Resorts has plans to build a boutique hotel on their golf course.

The 1000 room hotel would have a 40 acre lake and convention space. It kind of sounds similar to the Wynn Palace development in Macau which will be opening later in 2016.

The development of Wynn's golf course has been a topic of discussion for a long time. In the mid-2000's it seemed like expansion onto the golf course was almost a certainty. The recession killed the project and Macau took over Wynn's attention.

Now with Macau struggling a bit the golf course idea seems to be in vogue again. I question if Wynn Resorts as a company really needs to do this though. Wynn already has the nicest hotel in Vegas which attracts plenty of high rollers. Is there even more room on the high end for a boutique hotel like this?