Upcoming Las Vegas Hotel Construction Projects [2024]
Las Vegas, known for its vibrant entertainment and hospitality, is undergoing a glamorous transformation with a wave of new hotel construction projects. BuildCentral’s HotelMarketData has identified over 57 new hotel construction projects totaling over $3.4 billion in Las Vegas.
1. As the “Entertainment Capital of the World,” Las Vegas attracts millions of visitors seeking not only world-class accommodations but also an all-encompassing entertainment experience. This includes everything from the iconic casinos and resorts to award-winning shows, concerts, and now even major sporting events. Hotel developers are capitalizing on this demand by creating properties that offer a seamless integration of entertainment. Not only do these hotels host luxurious accommodations, but they often incorporate theaters, arenas, and spaces that cater to everything from Cirque du Soleil performances to NBA and NHL games. BuildCentral tracks all of these types of projects, from sports venues to casinos, offering a full range of data for your next project.
2. Las Vegas is a premier destination for conventions and conferences, attracting business travelers from around the globe. The city’s continuous investment in expanding its infrastructure for conferences ensures a steady demand for new hotel developments, as well as mixed-use projects that blend hospitality, retail, and event spaces. By enhancing its convention facilities and building more mixed-use developments, Las Vegas aims to strengthen its position as a top-tier conference city.
3. The highly competitive landscape of the hospitality sector in Las Vegas forces developers to adopt innovative architectural designs like the Paris Las Vegas Hotel, and to also practice sustainable building. As existing properties undergo renovations or are replaced, new hotels are emerging that incorporate energy-efficient technologies and contemporary amenities, aiming to appeal to travelers while simultaneously lowering long-term operational expenses. As new properties are built, infrastructure projects play a key role in ensuring these developments thrive. Read more on how infrastructure affects real estate development.
To provide a glimpse into the opulent world of Las Vegas hospitality, here are some noteworthy hotel construction projects as per BuildCentral’s HotelMarketData:
Las Vegas Hotel Construction Pipeline
Paris Las Vegas Hotel & Casino Renovations
Construction Type:
Renovation
Chain:
Independent – Resort
Estimated Value:
$92 million
Franchise:
Independent
Rooms:
2900
Scale:
Location:
Las Vegas, NV 89109. 3655 Las Vegas Boulevard South(View Map)
Details:
Plans call for renovations to the resort’s guestrooms.
Stage:
Planning
Versailles Tower
Project Information
Construction Type:
New, Renovation
Chain:
Independent – Resort
Estimated Value:
$100 million
Franchise:
Independent
Rooms:
756
Scale:
Location:
Las Vegas, NV 89109. 3645 S Las Vegas Blvd(View Map)
Details:
Plans call for the renovation of Horseshoe Las Vegas’ Jubilee Tower, which is part of a planned integration of the hotel to Paris Las Vegas. Work will include the redesign of its 756 guestrooms, exterior renovations, and the construction of a pedestrian bridge connecting the hotel to the Paris resort. The guest rooms facing the Strip will feature new, 55-square-foot balconies.
Plans call for the construction of a brand new, stadium-style Sportsbook, a new bingo room, a renovation of all the meeting spaces, renovation of the gaming room floor, a construction of a center bar that will have 70 seats, and a new food hall, front desk, and check-in area. The project will be done in phases and is expected to wrap up in 2026.
Plans call for the construction of a 34-story resort tower that will include 764 hotel rooms, 358 residential units, gambling and retail spaces, a night club, lounges, restaurants, and a 900-seat theater.
Stage:
Planning
Recently Completed Las Vegas Hotels
In the last 6 months, Las Vegas has seen 2 hotel projects worth a combined $10-29 million complete construction.
One standout project is the recently completed Gold Coast Hotel and Casino Renovations. Valued at $5.4 million.
Plans call for renovations to the 711-room Gold Coast Hotel and Casino, which will focus on updates to the public restrooms on the casino floor.
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