Wynn Palace now open in Cotai, Macau

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MACAU – Steve Wynn, Chairman of the Board and Chief Executive Officer of Wynn Resorts, unveiled Wynn Palace to the world at 8:00 p.m. today. The resort is Mr. Wynn’s latest masterpiece and is set in a commanding position in Cotai, Macau’s bustling new tourist hub. The opening of Wynn Palace will help launch a new era of prosperity for Macau and attracting more international tourists to the city.

The opening was officiated by Mr. Chui Sai On, Chief Executive of the Macau Special Administrative Region; Mr. Ho Hau Wah, Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference; Mr. Yao Jian, Deputy Director of the Liaison Office of the Central People’s Government in the Macau Special Administrative Region; Mr. Cai Si-ping, Deputy Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the Macau Special Administrative Region; Mr. Leong Vai Tac, Secretary for Economy and Finance of the Macau Special Administrative Region; Mr. Tam Chon Weng, Secretary for Social Affairs and Culture of the Macau Special Administrative Region, accompanied by Mr. Steve Wynn, Chairman of the Board and Chief Executive Officer of Wynn Resorts.


“Wynn Palace is arguably the most beautiful hotel in the world, which is a wonderful thing to be able to say,” said Steve Wynn. “But it is not in London, Paris, New York or Rome. It is in Cotai, in Macau, and sits here for all the world to come and see. It’s our gift to the community, to the public. It will be here forever and it’s perhaps unlikely we’ll see a place of this scope and artfulness in our lifetimes again.”

“To be the prettiest hotel in the world, frankly, is something that money and good taste can buy. But to be the best hotel in the world is something else altogether,” said Wynn. “In any hospitality business there are only two words that matter – guest experience. All the rest is irrelevant, and all of the marble and crystal chandeliers, and all of the wonderful good taste that has been put into this building is dedicated to that one thing – guest experience. It takes six-and-a-half years to design a magnificent building like this, and yes, the name on the sign is Wynn Palace. But tonight this becomes the palace of the people who work here, and it is they who will make this the best hotel in the world.”

On display throughout Wynn Palace are thousands of works of fine and decorative art, assembled over a six-year period and representing an investment in excess of USD125 million. Many of the pieces continue Steve Wynn’s efforts to bring Chinese artwork home, including a quartet of rare porcelain Qing-dynasty vases that are among the finest examples of chinoiserie in the world. The only other such quartet is in Buckingham Palace in London.