LAS VEGAS, Dec. 16, 2015 /PRNewswire/ -- Cementing its
position as one of North America's
premier destinations for large-scale meetings and events, ARIA
Resort & Casino announced today a major expansion of its
award-winning LEED Gold-certified convention center. The
$154-million project will deliver an
additional 200,000 square feet of technologically advanced,
flexible meeting space across four stories, highlighted by stunning
indoor/open-air spaces and a glass-enclosed venue with dramatic
views of The Park and spectacular new Las Vegas Arena. With the
completion of the expansion, ARIA will feature more than 500,000
square feet of superior meeting space for its luxury clientele.
Construction is scheduled to begin in May
2016 with anticipated completion in February 2018.
"Convention business at ARIA is booming, and demand is currently
exceeding the space we have available," said Bobby Baldwin, ARIA's president & COO.
"Hosting large meetings and conventions is a core part of our
business; as our clients' needs grow, we are committed to grow with
them."
ARIA's new convention space will maintain MGM Resorts
International's commitment to build all new venues to LEED Gold
standards or better, creating one of the most expansive high-end,
environmentally friendly meeting facilities in the world. Already
an established leader in this area, ARIA has integrated
environmentally responsible practices and services for all
meetings, conventions and events, earning it a prestigious five
keys from Green Key Global's Eco-Rating Program.
Tony Yousfi, ARIA's vice
president of sales, said, "Our guests expect luxurious offerings
and will be wowed by the new convention space. With the addition of
this elite 200,000-square-foot venue, ARIA exponentially increases
the spectrum of events and services that can be hosted at our AAA
Five Diamond resort."
The first level will feature an open ballroom with ample
pre-function spaces, and access to an exclusive loading dock for
events that require sizable displays. Versatile indoor-outdoor
breakout rooms which provide meetings flexibility to enjoy the
Las Vegas weather while conducting
business will highlight the second level, while the third level
will offer a large ballroom as well as naturally lit pre-function
spaces connecting to ARIA's existing convention center. The
facility's top floor is set to become one of Las Vegas' most unique meeting venues as it
complements a vast ballroom with a striking outdoor patio that can
accommodate receptions for up to 2,000 guests. The top-floor patio
will feature stunning views overlooking The Park and Las Vegas
Arena, both of which are slated to open in April 2016.
ARIA was named the top meeting resort in North America by Cvent, an industry leader
specializing in meetings management technology; received the 2015
Gold Platter and Gold Key Awards from Meetings &
Conventions magazine; and was named Smart Meetings' Best
Gaming/Casino Hotel in 2015.
The new convention space will take the place of the location
currently occupied by Cirque du Soleil's production of Zarkana,
which will close April 30,
2016.
ARIA RESORT & CASINO
ARIA Resort & Casino is a stunning AAA Five Diamond resort
on The Strip featuring spectacular amenities, high-end service,
premium meeting and convention space, striking architecture and
sustainable design. Combined with its unparalleled offerings
including the luxurious Shops at Crystals and the first-of-its-kind
public Fine Art Collection, ARIA sets the bar for a new generation
of resort experiences. ARIA and its neighboring properties
within CityCenter are a joint venture between MGM Resorts
International (NYSE: MGM) and Infinity World Development Corp, a
subsidiary of Dubai World. For more information and reservations,
visit ARIA.com, call toll free at (866) 359-7757 or find us on
Facebook and Twitter.
Forward-Looking Statements
Statements in this release that are not historical facts are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Aria Resort &
Casino has based these statements on management's current
expectations and assumptions and not on historical facts. Examples
of these statements include statements regarding the timing of the
expansion and its expected features. A number of important factors
could cause actual results to differ materially from those
indicated in such forward-looking statements, including effects of
economic and market conditions, competition with other destination
travel locations throughout the United
States and the world, and the design, timing and costs of
the projects and risks relating to permits, licenses, financings,
approvals and other contingencies and additional risks and
uncertainties described in the MGM Resorts International Form 10-K,
Form 10-Q and Form 8-K reports (including all amendments to those
reports) filed with the Securities and Exchange Commission. In
providing forward-looking statements, Aria Resort & Casino is
not undertaking any duty or obligation to update these statements
publicly as a result of new information, future events or
otherwise, except as required by law.
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SOURCE ARIA Resort & Casino