Las Vegas Sands'
The development will house 6,000 hotel rooms, meeting and convention space, two casinos, dining, retail, and a bunch of other amenities, and it should have a bit of a non-gaming feel to it. Unlike properties by Wynn Resorts
The newest companies to join the fray, Hilton Worldwide and IHG
Hopefully, the Holiday Inn Macau is nicer than a few of the Holiday Inns I've stayed at over the years.
Location, location, location
The site of Sands Cotai Central is in the middle of the development on Cotai. The property sits at the center of the Cotai Strip, next to Melco's City of Dreams and between The Venetian Macau and Wynn Resorts and MGM's proposed developments. At the very least, the hotel will be a feeder for the surrounding casinos.
Las Vegas Sands still dominates Macau, and this development -- slated to open in the first quarter of 2012 -- will only solidify that position. Like the convention center in Las Vegas, which complements the gaming business, Sands is adding complementary services that will grow the overall operation.
The good news for competitors is that they're only a step away. Melco Crown is next door, with MGM and Wynn set to join the neighborhood in a few years. They'll take at least some benefit from the added visitation.
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Fool contributor Travis Hoium does not have a position in any gaming stocks. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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