Wynn Resorts, a renowned luxury resort brand, has partnered with Ras Al Khaimah (RAK) to build a massive integrated resort on Marjan Island. This project is expected to create at least 4,000 jobs and generate massive economic benefits for the emirate.
In an interview, Craig Billings, CEO of Wynn Resorts, highlighted the importance of building a casino that is larger than Wynn Las Vegas, as it will be functioning independently for some time. He emphasized the need to maintain excitement while ensuring the resort is not underbuilt. The project's foundation driving is anticipated to start in mid-2023.
Wynn Marjan was revealed in January 2022, and RAKTDA (Ras Al Khaimah Tourism Development Authority) made a separate announcement confirming the creation of a new division overseeing integrated resorts. This new division will create gaming laws while considering the Emirate's social, cultural, and environmental backdrop.
The resort will have 1,000 rooms, a luxurious shopping mall, a cutting-edge meeting and conference facility, a spa, ten or more restaurants, and lounges. It will also feature various entertainment options, a gaming area, and numerous other amenities (yet to be confirmed).
Wynn Resorts has paid attention to the market's non-gaming segments, recognizing the enormous potential of the leisure and luxury market in RAK. The company is committed to developing this aspect of the resort.
Ras Al Khaimah has seen significant growth in tourism, with 286,000 tourists arriving in the first quarter of 2022, an 8.2% increase over the same period in 2019. In 2021, 990,000 tourists visited the emirate, and RAKTDA expects this number to double or even exceed pre-pandemic levels.
The Wynn Resort in Ras Al Khaimah is expected to open in 2026, with the project's foundation driving starting in mid-2023. The resort will be a major catalyst for tourism in the emirate and the UAE, creating jobs and boosting foreign direct investment.
FAQs about Wynn Resorts Ras Al Khaimah:
- When will the Wynn Resorts Ras Al Khaimah open?
The Wynn resort in Ras Al Khaimah will open in 2026. - How many rooms will the resort have?
The resort will have 1,000 rooms. - What offerings will be provided by the Wynn Resorts Ras Al Khaimah?
According to the project announcement, the resort will feature a luxurious shopping mall, a cutting-edge meeting and conference facility, a spa, ten or more restaurants, lounges, various entertainment options, a gaming area, and numerous other (yet to be confirmed) amenities. - Who is the CEO of Wynn Resorts?
Craig Billings is the CEO of Wynn Resorts Ltd., one of the most well-known luxury resort brands worldwide. - Where are Wynn Resorts located?
USA and Macau., this project is likely to improve RAK's infrastructure and economy for many years to come. Tourists can currently stay at top hotels on Marjan Island in RAK while Wynn's new hotel is still under construction.