Mandarin Oriental Leaves Vegas, Waldorf Astoria Takes Over
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
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.
Featured image courtesy of The Points Guy.
Sign-up Successful!
Welcome to The Points Guy!
WELCOME OFFER: 80,000 Points
TPG'S BONUS VALUATION*: $1,600
CARD HIGHLIGHTS: 3X points on dining and 2x points on travel, points transferrable to over a dozen travel partners
*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.
- Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®.
- Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.
Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.