Mandarin Oriental Leaves Vegas, Waldorf Astoria Takes Over
Starting this September, you'll no longer be able to stay at the Mandarin Oriental, Las Vegas.
The iconic hotel received a notice terminating its management agreement this past week, following the property's sale to an undisclosed buyer for $214 million. Vital Vegas suggests that the buyer may be California-based investor Man Ho "Ronnie" Lam, owner of the Hilton Lake Las Vegas.
The 392-room Mandarin Oriental, Las Vegas opened in December 2009, and is one of only 13 properties around the world to hold the Triple Forbes Five Star Award: three five-star ratings for the hotel, the spa and the hotel's signature restaurant – an award the Mandarin Oriental has held for seven consecutive years.
Instead, Waldorf Astoria will take over management of the property, beginning in late summer 2018. After a $50 million renovation, the Waldorf Astoria Las Vegas will be one of two non-gaming properties at the CityCenter, although the hotel is adjacent to Aria and its affiliated casino. (Vdara is the other CityCenter hotel without a casino.)
Waldorf Astoria is part of the Hilton brand, and therefore, Hilton Honors points will most likely apply to stays at its new management property in Sin City. TPG reached out to Hilton for confirmation on this but did not hear back by time of publication.
Not all patrons are excited about the management change:
This will be the Waldorf Astoria's first foray into the Strip and part of the hotel chain's planned expansion into the western US. Waldorf Astoria opened a Beverly Hills location in 2017, and it has planned another development in San Francisco to launch sometime within the next three years.
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Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 monthsLIMITED-TIME OFFER: Earn up to 400K bonus milesAnnual Fee
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The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
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- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month

