Caesars Entertainment Group announces the upcoming launch of the Caesars Palace Luxury Resort
Puerto Los Cabos, Mexico
The beachfront resort hotel is set to cost $200 million and is expected to break ground in the first half of 2019
About Caesars Entertainment Group
Caesars Entertainment Group is the most diversified entertainment company in the world and also the most geographically widespread U.S.-based gaming company. The group primarily consists of three business segments: majority-owned Caesars Entertainment Operating Company, wholly owned Caesars Entertainment Resort Properties and Caesars Growth Properties, which hold significant economic interests. Since opening in 1937 in Reno, Nevada, USA, Caesars Entertainment has grown into a globally renowned integrated entertainment company combining lodging and leisure. It owns over 47 properties across 13 U.S. states and five countries. Its world-famous brands include flagship Caesars Palace
For more information, please visit www.caesarsentertainment.cn/
About Grupo Questro
Over the course of more than 30 years, Grupo Questro has become one of Mexico’s most respected developers. Under the leadership of Eduardo Sanchez Navarro, the mission of Grupo Questro is to develop valuable business opportunities and deliver unforgettable experiences to partners and clients. Within Mexico, Grupo Questro owns many world-class resorts including Punta de Mita, El Dorado, Club Campestre, and Club Campestre San José. Top-tier resort hotels include: Ritz-Carlton Reserve Residences, Dreams, Secrets, El Ganzo, ME by Meliá, Casa Dorada, and Casa del Mar. In the global market, Grupo Questro includes commercial and entertainment centers, golf courses, yacht marinas, residential developments, hotels, and resort clubs. The corporate philosophy, values, and commitment to environmental responsibility of Grupo Questro all contribute to delivering high-quality developments that exceed customer expectations.
For more information, please visit www.questro.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 regarding the development of the Punta de Mita project and Caesars’ expansion strategy described herein. Please note that there can be no assurance that Caesars Entertainment will brand and manage the properties described or that such properties will include the amenities discussed and achieve the expansion strategy of Caesars Entertainment. Numerous factors beyond Caesars’ control could affect Caesars’ ability to pursue the brand recognition, success, and expansion opportunities and similar events referred to in this press release. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this communication. Except as required by law, Caesars Entertainment Group has no obligation to update or revise any forward-looking statements publicly, whether as a result of new information, future events or otherwise.
Follow Caesars Entertainment WeChat Official Account: kaisaguanfang
Follow Caesars Entertainment Official Weibo: Caesars Entertainment Group
Visit Caesars Entertainment Chinese Website: Caesarsentertainment.cn
Media Inquiries
Miwa Lu, Caesars Entertainment Group China Representative Office
mlu@eastwestmarketing.cn
+86 1500 1088 525
Jennifer Forkish
Caesars Entertainment
jforkish@caesars.com
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