This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Spectacular Celebration Marks Launch Of Sheraton Macao Hotel At Sands Cotai Central

MACAO, Sept. 21, 2012 /PRNewswire/ -- Sands China's Cotai Strip ® development was beautifully aflame in celebration Thursday evening, as the integrated resort city introduced to Macao the latest additions at Sands ® Cotai Central, led by the launch of Sheraton Macao Hotel, Cotai Central, which has the double distinction of being the largest hotel for both Macao and Starwood Hotels & Resorts Worldwide, Inc.

To view the multimedia assets associated with this release, please click http://www.multivu.com/mnr/58010-sands-cotai-central-celebrates-second-phase-opening

(Photo: http://photos.prnewswire.com/prnh/20120921/MM70961 )

Sands China Ltd. (HKSE: 1928), a majority-held subsidiary of global integrated resort developer Las Vegas Sands Corp. (NYSE: LVS), opened Sands Cotai Central's second phase Thursday – which also includes new restaurants and retailers, as well as a new Polynesian-themed gaming area – with a series of exciting events.

A 10:00 a.m. press conference gave media a chance to ask questions of key executives in attendance, including Las Vegas Sands Corp. and Sands China Ltd. Chairman Sheldon G. Adelson and Starwood Hotels & Resorts President and Chief Executive Officer Frits van Paasschen.

In his opening remarks to the gathered media before the Q&A session, Sands China Ltd. President and Chief Executive Officer Edward Tracy said, "It's been an honour for our team to lead Sands China Ltd. as we all witness the realisation of Mr. Adelson's vision of a fully integrated resort city on the Cotai Strip development. We've come a long way from that muddy swampland that Mr. Adelson first surveyed. And there were plenty along the way who said it couldn't be done. But here we are today, marking yet another grand achievement – the opening of the second phase of Sands Cotai Central, featuring Sheraton Macao Hotel – the largest Starwood property in the world, and Macao's largest hotel."

Mr. van Paasschen also addressed the media, saying, "We like to think of Sheraton as the world's gathering place. Sheraton is the leading hotel brand in this region and an ideal fit for this spectacular new hotel in Macao. And what a great combination: Starwood's largest brand in the world's fastest growing hotel market."

The local community was also involved in the day's festivities, with a special kowhaiwhai pattern mural painting and puzzle-piecing event on Level 3 of Shoppes Cotai Central. A traditional art form of the indigenous Maori of New Zealand, the beautiful kowhaiwhai pattern – called "kori" and meaning "to flourish" – was painted and assembled as a mural in collaboration with members of the Fuhong Society of Macao, a non-profit organization providing occupational skills training and employment services to the mentally challenged. Symbolising togetherness, the event was also attended by Dr. Miriam Adelson, who helped place the final piece of the pattern, along with Qian Jin, President of Greater China, Starwood Hotels and Resorts Worldwide, Inc.

Red carpet arrivals at the evening's ceremonial opening of Sheraton Macao included Chief Executive of Macao Special Administrative Region Chui Sai On, government officials, company executives from Sands and Sheraton, international film star Zhang Ziyi, and the stars of the hit reality TV show The Voice of China .

At the evening's main ceremonial event, Maori Haka and Tahitian dancers performed at Sheraton Macao's lantern-lit Jaya pool deck, followed by the seating of the attending dignitaries. A large goddess-accompanied heliosphere then delivered a ceremonial flame to a waiting dancer on the stage. After passing the flame to the dignitaries gathered on stage, a line was ignited, carrying the flame up to light fiery logos of Sands Cotai Central and Sheraton, on the facade of Sheraton Macao's Sky tower – setting off a huge, choreographed pyrotechnic display that included fireworks illuminating all the Sands China properties of the Cotai Strip development: Sands Cotai Central, The Venetian ® Macao and The Plaza™ Macao. Seven structures in total were lit by the display, first in sequence, and then altogether in unison for the spectacular grand finale.

After watching Cotai's biggest fireworks show ever, the first 5,000 visitors to the property received commemorative gold coins marking the historic occasion, distributed from various locations within Sands Cotai Central.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,132.10 +100.96 0.59%
S&P 500 2,000.09 +15.96 0.80%
NASDAQ 4,555.0710 +36.1690 0.80%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs