Sands Cotai Central opens doors

Sands China Ltd is today opening the first phase of Sands Cotai Central, its fourth property in Macau. Analysts have been raising estimates of Sands China Ltd’s profit for 2012 and 2013, anticipating a positive impact from the new property. Sands Cotai Central opens with 1,800 hotel rooms under the Conrad and Holiday Inn brands. The property will eventually feature 5,800 rooms, plus stores, restaurants, meeting space and two casinos. The opening “is a game changer for the future of Macau as a leisure, entertainment and business location,” Sands China chairman Sheldon Adelson said in a March 19 statement quoted by Bloomberg. “We are proudly looking forward to introducing visitors from around the world to the largest integrated resort development ever constructed.”