Mandarin Plans Vegas Hotel With MGM
From Bloomberg News
Mandarin Oriental International Ltd., the luxury hotel arm of Asia’s Jardine Matheson Holdings Ltd., said it planned to open a 400-room hotel in Las Vegas in 2009 with MGM Mirage.
The hotel will be part of the $5-billion Project CityCenter that MGM Mirage is building on the Las Vegas Strip. The Mandarin chain will have a management contract and won’t be taking an equity stake.
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