Wynn Al Marjan rooms to go on sale soon as CEO sees demand exceeding supply

Résumé détaillé

Wynn Resorts CEO Craig Billings says the resort remains on schedule for September 2027, with the guest mix likely to shift but demand holding under any regional situation scenario…

Wynn Resorts will begin selling rooms at Wynn Al Marjan Island in the UAE “quite soon”, with chief executive Craig Billings saying demand is expected to exceed supply across the resort’s 1,500 keys, whatever the course of the regional conflict.

Speaking on the company’s third-quarter earnings call, Billings said the integrated resort remains on schedule to open in September 2027, with finishing work under way throughout the property, including the fit-out of all guest rooms.

“We acknowledge the uncertainty in the region, but... we are firm believers in the resilience and adaptability of the UAE,” he said.

Billings believed that the resort would be the most exciting integrated resort opening globally in more than a decade.

Wynn Al Marjan Island is a multi-billion-dollar integrated resort being developed on Al Marjan Island in Ras Al Khaimah. The $5.7-billion project, a joint venture between US-based Wynn Resorts, Marjan and RAK Hospitality Holding, will be the UAE’s first integrated resort featuring a land-based gaming facility. Spread across more than 60 hectares, the development will feature 1,530-plus hotel accommodations, including luxury suites, 22 restaurants, bars and lounges, a beach club, nightclub, luxury shopping promenade, spa, entertainment venues and extensive leisure facilities.

Wynn Al Marjan Island is expected to open in September 2027, following a delay caused partly by regional conflict-related disruptions to global supply chains, shipping and construction logistics. Wynn Resorts announced in August 2026 that it was increasing the project’s budget by approximately $600 million (Dh2.2 billion), reflecting higher material, shipping and other development costs. The resort is expected to generate thousands of jobs, attract international tourists and encourage further investment in hospitality, retail and residential developments across Ras Al Khaimah.

Billings said the guest mix would depend on how the regional conflict develops, but that demand would…

In a…

H…

Début de l'article, extrait de Khaleej Times. Pour lire la suite, ouvrez l'article chez le média.