Holiday Inn to temporarily close late-2018 in Macau

The temporary closure of Holiday Inn has been set for November or December this year.

Macau.- To accommodate operator plans to revamp the Macau casino, the touristic Holiday Inn Macao Cotai Central will be closed for a few weeks between November and December later this year. The company announcement was published yesterday, also detailing the closure of Sands Cotai Central casino for renovations, which will then become Londoner Macao.

“We’ll close down the Holiday Inn product late, late in the year, probably November, December,” said Rob Goldstein, president and chief operating officer of Las Vegas Sands Corp, on Wednesday during a conference with representatives of the industry. The closure, of course, will have impact on the casino’s annual revenue and they are already planning how to address the numbers.

Las Vegas Sands chairman and chief executive Sheldon Adelson commented on the revamp of the casino, which will become a thematic resort: “The outside will be like the Big Ben [clock tower] in the [U.K.] parliament building. We will have the Tower Bridge represented somewhere.”

“I don’t see any reason for this to be any more disruptive than any other renovation of any other property or hotel anywhere.”

However, Goldstein does believe it will be disruptive for the company. “It will be disruptive in 2019. I don’t want to quantify because I simply can’t,” stated Goldstein on Wednesday. “The transition from the Holiday Inn to Londoner, there’ll be some pain along the way… but I think the net result in 2020 is going to be very, very helpful to the company,” he added.