Wynn Resorts is planning to build 1,300 new hotel rooms complemented by an immersive glass theater building inspired by The Vatican on its seven-acre parcel of land located alongside Wynn Palace in Macau.
CEO and President Matt Maddox revealed the company’s plans during its 3Q18 earnings call on Thursday after Wynn Palace again stole the show with revenue soaring 39.1% to US$730.6 million – more than enough to cover for a disappointing performance from Wynn’s Las Vegas operations.
Detailing the concept, Maddox said, “What we have so far is a 1.5 million-square foot facility that we think will be a must see in Macau. The podium level which we’re calling the Crystal Pavilion, is a large glass structure that’s going to house lots of nongaming features.
“As you traverse through the pavilion, you’ll run into a theater, and this theater is really going to be the first of its kind.
“We got idea from when we were at the Vatican. The Vatican launched a Michelangelo program with a theater. It took an old theater, 1,500-feet theater, and created an immersive experience with screens on the walls and on the ceiling, so the audience had a 270 degree experience including live entertainment on the stage. It’s been quite successful.
“So we thought, if we take that idea and custom build it in this area with a great 600-foot theater and make it fully immersive, that experience would be like no other on the planet.
“We actually have three shows that we’re working on right now and these won’t be long hour-and-a-half shows, they will be more like 45-minute vignettes playing throughout the day and we think that everybody is going to want to come and experience this immersive theater.”
While Crystal Pavilion will link to fellow concessionaire SJM’s Grand Lisboa Palace via a footbridge, Maddox added that Wynn will incorporate two new hotels into its design including a 671-room all-suite hotel connected to Crystal Pavilion as well as another 700-room all-suite hotel on the north four-acre parcel – pushing the property’s total room count to 3,000.
“We plan on presenting this concept in the next couple of months, working through 2019 on the permitting, finalizing the design, getting everything together and beginning construction in 2020,” he said.
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