Wynn Resorts plans a 432-key all-suite hotel in Macau, targeting a 2029 opening with capital expenditure of up to $950M.
Wynn Resorts will develop The Enclave at Wynn Palace, a 432-key all-suite hotel tower in Macau, with an estimated cost of $900M to $950M. The project is slated for completion around 2029, expanding the company’s footprint in the region.
The investment follows Macau’s recovery as a gaming and tourism hub, with Wynn Resorts seeking to capitalize on renewed demand. No prior cost estimates or comparable projects were disclosed in the update.
The company also noted forward progress in the UAE but did not provide further financial details on that market.