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Wynn Palace
Wynn Palace (, Portuguese language, Portuguese: Palácio Wynn) is the second luxury integrated resort from international resort developer Wynn Resorts in the Macau Special Administrative Region of the People's Republic of China, following the launch of Wynn Macau. Located in Cotai, it features a 28-story luxury hotel with 1,706 rooms, suites and villas, meeting facilities, over of luxury retail, 13 casual and fine dining restaurants, Macau's largest spa, a salon, a pool and approximately of casino space. The resort also features a variety of entertainment experiences, including the Performance Lake with a choreographed display of water, music and light, the unique SkyCab, spectacular, large-scale floral displays by designer Preston Bailey and an extensive collection of art works by some of the world's leading artists. Wynn Resorts is the recipient of more Forbes Travel Guide Five Star Awards than any other independent hotel company in the world. Wynn Palace is the first and o ...
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Cotai
Cotai ( zh, t=路氹城, cy=Louhtáhm Sìhng; ) is a piece of land reclamation, reclaimed land on the top of the Seac Pai Bay between Taipa and Coloane islands in Macau that has connected two independent islands since 2005. The name, which is a portmanteau of Coloane and Taipa, can also refer to the island formed by the reclamation. In the second sense, the Special Administrative Region of Macau now consists of the Macau Peninsula, plus Cotai Island, about a mile to the south. Cotai was created to provide Macau with a new gambling and tourism area, since Macau is so densely populated and land is scarce. Many hotels and casinos can now be found on the island. In 2006, a new hospital was founded in the Cotai area, the MUST Hospital, which is associated with the Macau University of Science and Technology, Macau University of Science and Technology Foundation. History In 1968, a causeway () connecting Taipa and Coloane was inaugurated. Throughout the 1990s, a series of landfill wo ...
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Las Vegas
Las Vegas, colloquially referred to as Vegas, is the most populous city in the U.S. state of Nevada and the county seat of Clark County. The Las Vegas Valley metropolitan area is the largest within the greater Mojave Desert, and second-largest in the Southwestern United States. According to the United States Census Bureau, the city had 641,903 residents in 2020, with a metropolitan population of 2,227,053, making it the 24th-most populous city in the United States. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. Most of these venues are located in downtown Las Vegas or on the Las Vegas Strip, which is outside city limits in the unincorporated towns of Paradise and Winchester. The Las Vegas Valley serves as the leading financial, commercial, and cultural center in Nevada. Las Vegas was settled in 1905 and officially incorporated in 1911. At the close of the 20th cent ...
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Christie's
Christie's is a British auction house founded in 1766 by James Christie (auctioneer), James Christie. Its main premises are on King Street, St James's in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Geneva, Shanghai, and Dubai. It is owned by Groupe Artémis, the holding company of François Pinault. In 2022 Christie's sold US$8.4 billion in art and luxury goods, an all-time high for any auction house. On 15 November 2017, the ''Salvator Mundi (Leonardo), Salvator Mundi'' was sold at Christie's in New York for $450 million to Saudi Prince Badr bin Abdullah Al Saud, List of most expensive paintings, the highest price ever paid for a painting. History Founding The official company literature states that founder James Christie (auctioneer), James Christie (1730–1803) conducted the first sale in London on 5 December 1766, and the earliest auction catalogue the company retains is from December 1766. However, other sources note that James Chri ...
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Jiaqing Emperor
The Jiaqing Emperor (13 November 1760 – 2 September 1820), also known by his temple name Emperor Renzong of Qing, personal name Yongyan, was the sixth emperor of the Qing dynasty and the fifth Qing emperor to rule over China proper. He was the 15th son of the Qianlong Emperor. During his reign, he prosecuted Heshen, the corrupt favorite of his father and attempted to restore order within the empire while curbing the smuggling of opium into China. Assessments of his reign are mixed, either seen as the "beginning of the end" of the Qing dynasty, or as a period of moderate reform that presaged the intellectual movements of the 1860s. Early years Yongyan was born in the Old Summer Palace, 8 km (5 mi) northwest of the walls of Beijing. His personal name, "Yongyan" (永琰), was later changed to "Yongyan" (顒琰) when he became the emperor. The Chinese character for ''yong'' in his name was changed from the more common 永 to the less common 顒. This novelty was ...
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Land Lease
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it can ...
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Five-star Hotel
Hotel ratings are often used to classify hotels according to their quality. From the initial purpose of informing travellers on basic facilities that can be expected, the objectives of hotel rating have expanded into a focus on the hotel experience as a whole. Today the terms 'grading', 'rating', and 'classification' are used to generally refer to the same concept, that is, to categorize hotels. There is a wide variety of rating schemes used by different organizations around the world. Many have a system involving stars, with a greater number of stars indicating greater luxury. Forbes Travel Guide, formerly Mobil Travel Guide, launched its star rating system in 1958. The AAA and their affiliated bodies use diamonds instead of stars to express hotel and restaurant rating levels. Food services, entertainment, view, room variations such as size and additional amenities, spas and fitness centers, ease of access and location may be considered in establishing a standard. Hotels ar ...
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Land Grant
A land grant is a gift of real estate—land or its use privileges—made by a government or other authority as an incentive, means of enabling works, or as a reward for services to an individual, especially in return for military service. Grants of land are also awarded to individuals and companies as incentives to develop unused land in relatively unpopulated countries; the process of awarding land grants are not limited to the countries named below. The United States historically gave out numerous land grants as homesteads to individuals desiring to make a farm. The American Industrial Revolution was guided by many supportive acts of legislatures (for example, the Main Line of Public Works legislation of 1863) promoting commerce or transportation infrastructure development by private companies, such as the Cumberland Road turnpike, the Lehigh Canal, the Schuylkill Canal and the many railroads that tied the young United States together. Ancient Rome Roman soldiers were giv ...
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Government Of Macau
The Government of the Macao Special Administrative Region, commonly known as the Macao Government, is the Executive_(government), executive authorities of Macau. Formed on 20 December 1999 in accordance with the Sino-Portuguese Joint Declaration, it is headed by secretariats or commissioners and report directly to the Chief Executive of Macau, chief executive. The affairs of the government are decided by secretary, secretaries, who are appointed by the chief executive and endorsed by the State Council of the People's Republic of China, State Council of the Central People's Government in Beijing. As a special administrative region of China, Macau has a high degree of autonomy, in light of the "One country, two systems, One Country, Two Systems" policy. The Macau Government, financially independent from the Central People's Government, oversees the affairs of Macau. Head of government The Chief Executive of Macau, chief executive is responsible for the administration of Macau. ...
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Special Administrative Regions Of China
The special administrative regions (SAR) of the People's Republic of China are one of four types of Province-level divisions of China, province-level divisions of the China, People's Republic of China directly under the control of its State Council of China, Central People's Government (State Council). As a region, they possess the highest degree of autonomy from China's central government. However, despite the relative autonomy that the Central People's Government offers the special administrative regions, the National People's Congress and its Standing Committee of the National People's Congress, Standing Committee remain capable of enforcing laws for the special administrative regions. The legal basis for the establishment of SARs, unlike the other administrative divisions of China, is provided for by Article 31, rather than Article 30, of the Constitution of China of 1982. Article 31 reads: "The state may establish special administrative regions when necessary. The s ...
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Macanese Pataca
The Macanese pataca or Macau pataca ( zh, t=澳門元, cy=Oumún yùhn; ; sign: MOP$; ISO code: MOP) is the currency of Macau. It is subdivided into 100 ''avos'' (; ''sin''), with 10 avos called ''ho'' () in Cantonese. Macau has a currency board system under which the pataca is 100 per cent backed by foreign exchange reserves, in this case currently the Hong Kong dollar (itself backed by the United States dollar). Moreover, the currency board, Monetary Authority of Macau (AMCM), has a statutory obligation to issue and redeem Macau pataca on demand against the Hong Kong dollar at a fixed exchange rate of HK$1 = MOP 1.03, and without limit. History The Spanish dollar was in wide use in Asia and the Americas between the 16th to 20th centuries, and was imported by China in large quantities. They were typically minted in Mexico and then brought to the Philippines as part of the Spanish East Indies through the Manila-Acapulco galleon trade to be traded and circulated a ...
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Steve Wynn
Stephen Alan Wynn ( Weinberg; born January 27, 1942) is an American real estate developer and art collector. He was known for his involvement in the luxury casino and hotel industry, prior to being forced to step down in 2018. Early in his career he oversaw the construction and operation of several Las Vegas and Atlantic City hotels, including the Golden Nugget, the Golden Nugget Atlantic City, The Mirage, Treasure Island, the Bellagio, and Beau Rivage in Mississippi, and he played a pivotal role in the development of the Las Vegas Strip in the 1990s. In 2000, Wynn sold his company, Mirage Resorts, to MGM Grand Inc., resulting in the formation of MGM Mirage (now MGM Resorts International). Wynn later took his company Wynn Resorts public in an initial public offering and was Wynn Resorts' CEO and Chairman of the Board until February 6, 2018, when he announced his resignation. He is a prominent donor to the Republican Party and was the finance chair of the Republican National ...
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Sheraton Grand Macao Hotel, Cotai Central
The Londoner Macao () is a casino and resort on the Cotai Strip, in Macau. On 5 August 2011, Sands China announced that the $4 billion property, long referred to as parcels five and six, would be officially named Sands Cotai Central (). The first portion of the resort opened on 11 April 2012. The resort was rebranded as The Londoner Macao in 2021. The resort's redesign was completed in May 2023. History Development and construction Architecture firm Aedas was the lead architect for all Las Vegas Sands projects on the Cotai Strip. The firm employed local companies for developing, coordinating and implementing the design. The main contractor was Hsin Chong Construction Group Limited. In November 2005, Las Vegas Sands announced a deal with Shangri-La Hotels and Resorts for them to manage one hotel tower in the complex, with 500 rooms under their luxury Shangri-La brand and 1,000 rooms under their business-class Traders Hotels brand. In February 2006, Las Vegas Sands announce ...
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