Melco Resorts & Entertainment is pleased to announce City of
Dreams Mediterranean will open on Monday, July 10, 2023. Bringing a
one-of-a-kind development to Cyprus, City of Dreams Mediterranean
is the first integrated resort in Europe, showcasing an
unparalleled array of offerings, including Europe’s grandest
casino, fine dining, extensive entertainment, and the biggest expo
center in Cyprus.
Mr. Grant Johnson, General Manager of
City of Dreams Mediterranean, commented: “We are thrilled
to finally open the doors of City of Dreams Mediterranean to our
valued guests. A landmark project and our first venture in Europe,
it will bring Melco’s award-winning standards of entertainment and
leisure and welcome innovation to Cyprus’ luxury hotel scene. We
look forward to captivating our guests with contemporary design,
first-class entertainment, and immersive experiences.”
Melco also announced a special soft opening
period for hotel and invited guests will commence on June 12, 2023,
followed by the public opening on July 10, 2023.
Located on the Mediterranean island of Cyprus,
minutes from Limassol’s vibrant city center, City of Dreams
Mediterranean comprises 500 stylish guest rooms and suites,
including the largest Presidential Suite on the island.
Based on Melco’s exacting standards and
customized for Cyprus, the chic rooms are furnished with a soft,
welcoming palette of colors, and include distinct Mediterranean
influences. All rooms feature private balconies with unparalleled
views overlooking the Akrotiri Salt Lake, the Troodos Mountain
range and the famed Lady's Mile Beach.
The prestigious development incorporates a 7,500
sq. meter casino packed with the world’s most exciting table games,
a designated Poker area, state-of-the-art slot machines, and live
entertainment. In addition to the majestic open gaming floor
designed by Westar, the VIP member’s only Platinum Club offers
guests another level of distinctive service.
City of Dreams Mediterranean offers indulgent
culinary experiences across eight restaurants and bars. Led by
Executive Chef Olivier Belliard, cuisine includes Pan-Asian fusion
by Amber Dragon, Middle Eastern delights by Aura, European
contemporary by Anaïs, authentic Mediterranean flavors by Oléa, and
more. With open kitchen designs, interactive cooking
demonstrations, and produce farmed in the on-site organic garden,
guests can enjoy a gastronomic journey like no other.
Families will delight in Cyprus’ largest resort
pool complex, an Adventure Park, with zip line, trampoline zone and
the adrenaline pumping Waverider. Kids City, the children’s club
has numerous creative and engaging activities for those aged
4-12yrs.
With 8,000 sq. meters of indoor and outdoor
event space, the resort can accommodate functions of all sizes,
from bespoke weddings to large-scale conferences and concerts.
Facilities include a Grand Ballroom accommodating over 1,000
guests, the multi-functional Forum, state-of-the-art meeting rooms,
and a Roman-style Amphitheatre.
Renu Spa & Fitness focusing on rejuvenating
treatments is influenced by Morpheus Spa in City of Dreams Macau,
awarded ‘Spa of the Year’ by the Forbes Travel Guide 2020.
The integrated resort also includes a designer
shopping promenade, and unrivalled entertainment featuring guest
DJs and legendary acts from around the globe.
City of Dreams Mediterranean will take modern
resort luxury to new heights. A game changing development, poised
to revolutionize the island's tourism and hospitality
sectors.
The first development in Cyprus to achieve a
BREEAM Excellent rating at its design stage, City of Dreams
Mediterranean also has sustainability at the fore.
More information is available at
www.cityofdreamsmed.com.cy
Safe Harbor Statement
This press release contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Melco Resorts & Entertainment Limited (the “Company”) may
also make forward-looking statements in its periodic reports to the
U.S. Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about the Company’s beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, and a number
of factors could cause actual results to differ materially from
those contained in any forward-looking statement. These factors
include, but are not limited to, (i) COVID-19 outbreaks, and the
continued impact of its consequences on our business, our industry
and the global economy, (ii) risks associated with the newly
adopted gaming law in Macau and its implementation by the Macau
government, (iii) changes in the gaming market and visitations in
Macau, the Philippines and the Republic of Cyprus, (iv) capital and
credit market volatility, (v) local and global economic conditions,
(vi) our anticipated growth strategies, (vii) gaming authority and
other governmental approvals and regulations, and (viii) our future
business development, results of operations and financial
condition. In some cases, forward-looking statements can be
identified by words or phrases such as “may”, “will”, “expect”,
“anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”,
“believe”, “potential”, “continue”, “is/are likely to” or other
similar expressions. Further information regarding these and other
risks, uncertainties or factors is included in the Company’s
filings with the SEC. All information provided in this press
release is as of the date of this press release, and the Company
undertakes no duty to update such information, except as required
under applicable law.
About Melco Resorts & Entertainment
Limited
The Company, with its American depositary shares
listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a
developer, owner and operator of integrated resort facilities in
Asia and Europe. The Company currently operates Altira Macau
(www.altiramacau.com), an integrated resort located at Taipa, Macau
and City of Dreams (www.cityofdreamsmacau.com), an integrated
resort located in Cotai, Macau. Its business also includes the
Mocha Clubs (www.mochaclubs.com), which comprise the largest
non-casino based operations of electronic gaming machines in Macau.
The Company also majority owns and operates Studio City
(www.studiocity-macau.com), a cinematically-themed integrated
resort in Cotai, Macau. In the Philippines, a Philippine subsidiary
of the Company currently operates and manages City of Dreams Manila
(www.cityofdreamsmanila.com), an integrated resort in the
Entertainment City complex in Manila. In Europe, the Company is
currently developing City of Dreams Mediterranean
(www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is
expected to be the largest and premier integrated destination
resort in Europe. The Company is currently operating a temporary
casino, the first authorized casino in the Republic of Cyprus, and
is licensed to operate four satellite casinos (“Cyprus Casinos”).
Upon the opening of City of Dreams Mediterranean, the Company will
continue to operate the satellite casinos while operation of the
temporary casino will cease. For more information about the
Company, please visit www.melco-resorts.com.
The Company is majority owned by Melco
International Development Limited, a company listed on the Main
Board of The Stock Exchange of Hong Kong Limited, which is in turn
majority owned and led by Mr. Lawrence Ho, who is the Chairman,
Executive Director and Chief Executive Officer of the Company.
For media enquiries, please
contact:Chimmy LeungExecutive Director, Corporate
Communications Tel: +852 3151 3765Email:
chimmyleung@melco-resorts.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/66ce2267-edf0-4275-a13f-c8828a11847c
https://www.globenewswire.com/NewsRoom/AttachmentNg/00bf5ecd-289e-4659-8613-ff0307873317
https://www.globenewswire.com/NewsRoom/AttachmentNg/2714a971-8214-4013-84cd-587537c78ac8
Melco Resorts and Entert... (NASDAQ:MLCO)
Historical Stock Chart
From Apr 2024 to May 2024
Melco Resorts and Entert... (NASDAQ:MLCO)
Historical Stock Chart
From May 2023 to May 2024