The Cosmopolitan, a world-class contemporary luxury resort and casino, opened in December of 2010 and underwent significant capital improvements since Blackstone acquired the property in 2014. The property features:
- 3,032 rooms and suites that were renovated in December of 2018, most of which feature a terrace that overlooks the iconic Las Vegas Strip.
- A 110,000 square-foot casino, with high-end gaming areas for VIP guests.
- 26 on-trend food and beverage offerings, with 19 new concepts introduced in the last four years.
- A 3,200 seat theater (The Chelsea).
- Marquee nightclub and dayclub that hosts top DJs from around the world.
- 243,000 square feet of centrally located meeting space, featuring state-of-the-art technology to accommodate both large and small groups.
- 21,000 square feet of leased retail space.
- A 40,000 square foot spa and fitness facility.
The transaction is expected to close in the first half of 2022, subject to regulatory approvals and other customary closing conditions.