The Cosmopolitan Hotel-Casino to Spend $890 Million Before December Opening
The Associated Press, 08.17.2010
LAS VEGAS (AP) - The Cosmopolitan of Las Vegas hotel-casino says it has at least $890 million to spend this year to get its resort up and running on the Las Vegas Strip.
The Deutsche Bank-owned resort said in a regulatory filing Monday it plans to spend about $625 million on construction and another $265 million on furniture, fixtures and other equipment.
The nearly 3,000-room hotel is expected to open most rooms Dec. 15, with about 1,000 rooms delayed until next July.
Hotel officials say the resort lost nearly $3 million during the second quarter. It didn't get any significant revenue because it's still under construction.
The Cosmopolitan reported having $19.2 million in cash.
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Preferred Dealer for Procore - Web Based Construction Software
866-570-4640
Posted by ProTech at 8/17/2010 2:42 PM 
Categories: News
Tags: procore dealer Las Vegas construction web based construction software protech construction cloudware project technology solutions new las vegas hotel the cosmopolitan
Categories: News
Tags: procore dealer Las Vegas construction web based construction software protech construction cloudware project technology solutions new las vegas hotel the cosmopolitan
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