Mandarin Oriental Las Vegas, recently sold by MGM Resorts International, will shortly rebrand to Hilton’s Waldorf Astoria luxury marque.
CityCenter is the Las Vegas Strip development with Aria, Vdara and a high-end shopping center that opened in 2009 just as the economic recession hit.
Because the hotel is one of the few hotels on the strip without a casino, gaming regulators are not involved in the sales or licensing process. One of hotel’s signature features is a 23rd floor bar with unique views of The Strip.
MGM sold the property last week for $214 million.
Hilton has confirmed that Waldorf Astoria, when its assumes full operation of the property, plans to "re-imagine and renovate the hotel with brand touches and improvements."
The Waldorf Astoria Las Vegas will be the brand’s first property in the Las Vegas market.
In 2016, MGM sold its Shops at Crystals mall in CityCenter to Invesco Real Estate and Simon Property Group for about $1.1 billion.
CityCenter is a joint venture between MGM Resorts International and Infinity World Development Corp., a subsidiary of Dubai World.