Mandarin Oriental Hotel Group will cease management of its Las Vegas property
on August 30 of this year. CityCenter joint-venture partners MGM Resorts and Infinity World Development sold the hotel last month; the new, as-yet-unnamed owners have terminated Mandarin Oriental's management agreement, according to the hospitality company.
The 392-room Mandarin Oriental Las Vegas is in the CityCenter development and was among the hotels to open for CityCenter's debut in 2009, along with the 4,004-room Aria Resort & Casino
and 1,485-room Vdara Hotel & Spa
, both of which are operated by MGM Resorts. Mandarin Oriental's reports that its luxury Vegas property is one of only 13 globally to have received the Triple Forbes Five Star Award -- five stars each for the hotel, spa and signature restaurant (Twist by Pierre Gagnaire
) -- a designation it has received for seven consecutive years.
The LEED Gold-certified Mandarin Oriental has an entrance on the Strip, at the entry to CityCenter and includes about 12,000 square feet of meeting space, five F&B outlets and a two-level 27,000-square-foot spa.
MGM and Infinity World sold the property on April 26 for approximately $214 million in cash, and they expect the deal to close sometime this summer. No further details have been announced concerning the future branding of the hotel.