- The renovated Monte Carlo is due to be completed in the early parts of next year
- Hoping to attract younger, more affluent visitors, rooms start at $88
Las Vegas, NV, has been the cultural hub of casinos ever since the state became one of the first to legalize the practice.
Since then, hundreds of establishments have popped up around the city, each with a unique look and feel.
But perhaps none have been so unique as the Park MGM casino resort, formerly the Monte Carlo casino resort, which is being renovated to feature tree roots coming out of the ceiling, crystal chandeliers, and the works of Pablo Picasso.
What was previously an out-dated, midlevel property is set to become an upper-class casino-hotel with a romantic feel. So, while located on the Las Vegas Strip, the renovation of the Monte Carlo will take a step back from the somewhat stereotypical pizazz of most Vegas casinos.
Park MGM will aim to lure high roller or VIP casino players and perhaps even tap into a younger demographic. The overhaul is believed to cost around $450 million and will see two new hotels added to the casino.
The project – a brainchild of MGM Resorts International and Sydell Group – will keep 2,700 of its rooms and replace around 290 of the others with NoMad Las Vegas, which is a variant of Sydell Group’s New York City flagship property.
“At the heart of what we do,” says Andrew Zobler, the chief executive officer of Sydell Group, “is we like to create a sense of community, a sense of warmth, almost like a residential feel.”
This accounts for the cozy feel of the hotel’s new rooms, 90% of which will have been overhauled by the end of December.
A new era
The multimillion-dollar renovation is welcome; over time, the Monte Carlo has become the “least recognizable” of its operators brand in the city of Las Vegas. Apparently, “It was not living up to its potential based on its real estate,” says gambling analyst Alex Bumazhny.
He agrees that “MGM is doing the right thing by redeveloping.” And included in this redevelopment will be several restaurants, including a French and Italian one.
The all-new Park MGM casino-hotel is due to be finished in the first half of next year, with everything done by the end of 2018 at the latest.
So, if you’re interested it taking a little trip to Las Vegas’s brand new, romantic, and modern casino-hotel, renovated room rates, at present, start at $88 (for a weekday night).
Summarizing the project, Corey Sanders – MGM Resorts’s chief operating officer – said: “We think there’s an opportunity from the Park MGM perspective to hit that sweet spot.”
“The NoMad will be more on the higher end and should be priced with some of the luxury properties.”
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