Hyatt splashes into the market with lakefront hotel

LAS VEGAS -- The first hotel-casino at the $4.4 billion Lake Las Vegas residential and resort development, a Hyatt Regency, was topped off on schedule for a mid-December opening. Publicity was limited for the $150 million-plus Hyatt Regency Lake Las Vegas Resort.

Its size won't match many other large-scale resorts here, but the setting promises to be attractive. The 496-room property is built on 21 acres of lakefront property that weaves through mountainous terrain. It lies nestled in a hillside rising along the north shore of a 325-acre man-made lake 17 miles east of the Strip.

Hyatt, which operates 188 upscale hotels worldwide, is entering the Las Vegas market for the first time. "We believe there's a big market for a destination that combines the peaceful and serene setting of Lake Las Vegas with its proximity to the Strip," said Victor Lopez, Hyatt divisional vice president.

He said the hotel will target incentive business. "We have more advance business on the books at this stage of our development than at any other resort in Hyatt history," Lopez said.

In addition to upscale rooms and suites, the Hyatt Regency will offer a European-style casino with table games and slots, live entertainment, a spa and fitness center, three restaurants, 40,000 square feet of meeting space and other destination-resort amenities. The 2,245-acre Lake Las Vegas is a master-planned community, with the Hyatt Regency the first of several resort hotels planned here.

Lake Las Vegas Resort
Phone: (702) 565-7400

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