Inside Asian Gaming
IAG JAPAN AUG 2021 36 COVER STORY “But until we start to see those baccarat numbers return, I think it will be really tough for RWLV to be fully functional, fully robust and fully realising its promise.” According toa Junenote fromboutiquebrokerage Bernstein, gaming will only account for around 30% of RWLV revenue, and it boasts a key advantage via its relationship with Hilton which provides access to Hilton’s substantial global database. This, in turn, includes the ability to access groups, described as a “critically important visitor segment to Las Vegas that generally makes up 20% to 25% of business.” RevPar, Bernstein’s analysts add, should be at the higher end of the scale in Las Vegas, with further scope for expansion on site if required in the future. Nevertheless, gaming remains critical to the property’s success or failure. “We never planned to be a themed hotel. The property is a new luxury hotel experience that combines traditional and modern architecture and progressive technology while also paying homage to Genting’s roots with subtle Asian touches throughout.” – Scott Sibella 「我々はテーマのあるホテルにしようと計 画したことはない。この施設は、伝統およ び近代建築と、進歩するテクノロジーとを 組み合わせた新たな高級ホテル体験であ りながら、全体に絶妙にアジアの気配をち りばめ、ゲンティンのルーツに敬意も示し ている」 - スコット・シベラ氏
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