Yesterday's initial opening of Melco's US$2.1 billion integrated entertainment resort in Macau features a 420,000-square-foot casino

City of Dreams becomes a reality today. A press conference was held to mark the official launch of City of Dreams, an integrated entertainment resort set to become the “must experience” destination in Macau, developed by Melco Crown Entertainment Limited.  

Lawrence Ho, co-chairman and CEO of Melco Crown Entertainment and Greg Hawkins, president of City of Dreams officiated at the press conference.  

“This morning we stand ready to deliver on our promise to offer visitors to Macau the 'next generation' of urban leisure experiences,” said Lawrence Ho. “City of Dreams heralds a new chapter in Macau‟s ongoing development as Asia‟s premier leisure and entertainment destination.  

“I am delighted that after years of planning and incredible effort, we can now say that we have turned our City of Dreams into a reality. It is our flagship development and represents a major milestone for Melco Crown Entertainment as we progress towards our vision of providing a comprehensive portfolio of leisure and entertainment experiences in Macau that meet the rapidly evolving demands of Asian and international leisure customers.  

“It is important too to thank the Macau SAR Government for its continuous support over the years together with the financial institutions for their great confidence in us and for their backing that has given us a solid capital foundation for continuous growth. Also, without the support and guidance of the Central People‟s Government, it would have been impossible to make such dream a reality.”  

The initial opening of City of Dreams features a 420,000-square-foot casino, a diverse array of accommodation consisting of the Crown Towers, which offers unrivaled levels of personalized service, lavish style and uncompromising sophistication, and the exciting music-inspired Hard Rock Hotel, with its unique combination of electrifying music themes and memorabilia. Over 20 restaurants and bars, an impressive array of some of the world‟s most sought-after retail brands within The Boulevard, a unique lifestyle precinct operated by leading travel retailer DFS, and the iconic and spectacular audio visual multimedia extravaganza, Dragon‟s Treasure, featured in a dome-shaped theater known as The Bubble, completes the line-up.  

Greg Hawkins added: “On behalf of all our employees and our business and creative partners, truly a dream team. Today we are ready to deliver visitors to City of Dreams a new level of sophisticated, exciting and diverse leisure and entertainment experiences.”  

The initial opening of City of Dreams will be followed by the opening of Grand Hyatt Macau and the highly anticipated Dragone show. Grand Hyatt Macau, offering approximately 800 guest rooms, is scheduled to be completed in the third quarter of this year and the Dragone inspired theatre production will open in the purpose-built Theater of Dreams soon thereafter. The final planned phase of development at City of Dreams will feature a luxury apartment hotel consisting of approximately 800 units.  

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