Acquisitions & Hotel Openings

Vdara Hotel & Spa Opens

First Citycenter Hotel

LAS VEGAS, NV, November 25, 2009 - CityCenter has partnered with Vanity Fair to co-host the grand opening gala of the newest luxury boutique hotel – the sophisticated all-suite Vdara Hotel & Spa. Host Sebastian Copeland, will be joined by friends Orlando Bloom and Rosario Dawson, to celebrate the evening in support of the Sebastian Copeland Foundation. The invite-only event will treat guests to their first glimpse of CityCenter, the dazzling vertical city destined to transform the Las Vegas Strip.

Vdara Hotel & Spa is designed for those who love the excitement of Las Vegas but prefer to enjoy it in an exclusive, non-gaming, smoke-free environment. Physically connected to Bellagio and directly adjacent to ARIA Resort & Casino, Vdara will offer access to all of the excitement of Las Vegas, while providing a retreat from it all.

Solidifying CityCenter’s commitment to sustainability, Vdara has achieved LEED®† Gold certification by the U.S. Green Building Council. Sharing in Vdara’s commitment to sustainability, the star-studded evening will be hosted by famed photographer, adventurer and environmental advocate Sebastian Copeland. His pledge to environmental activism and global awareness has grown into a passionate dedication to the causes of sustainability and the preservation of the planet. He is currently working on the launch of the Sebastian Copeland Foundation whose primary mission is to advocate from the front lines of climate change. Copeland’s friends and award-winning actors Orlando Bloom and Rosario Dawson will join him to celebrate this evening and support the launch of his charity.

Copeland stated, “We stand at a crossroads in our development as a species. After transportation, buildings are the single greatest source of green house emissions. "Green" building and development stand to reduce carbon emissions into the air by up to forty percent. Vdara, with its LEED certification, has committed to the simple notion that luxury and responsibility are not mutually exclusive and hence stands as a model of innovation. Vdara and CityCenter set a new standard for Las Vegas, one which hopefully others will follow.”

Two of the hottest DJs in the business today, DJs Donovan Leitch and Mathieu Schreyer (kcrw), will entertain guests as they dine on exquisite cuisine from Martin Heierling, executive chef of Vdara and the hotel’s contemporary Mediterranean restaurant, Silk Road. Guests also will enjoy Patron cocktails and Veuve Clicquot champagne as they stroll through the 18,000-square-foot, two-level wellness spa, Vdara Health & Beauty, featuring the Veuve Clicquot Champagne Bar. Vdara Health & Beauty, the first Las Vegas spa in the Green Spa Network, will offer a selection of signature treatments focusing on holistic health.

Edward Menicheschi, vice president & publisher, Vanity Fair, said, “We are proud to be partnering with Vdara in this exciting celebration. Vdara has combined luxury with green design and the alignment could not be better for both our environmental beliefs as well as that of our readers.”

Angela Lester, general manager, Vdara Hotel & Spa, said, “It is truly an honor to partner with Vanity Fair and famed photographer and environmental advocate Sebastian Copeland as we open our doors and showcase Vdara’s remarkable services and amenities. Hosting the grand opening with Copeland and honoring his pledge to environmental activism will help create awareness of our commitment to sustainability and the benchmark set by CityCenter in Las Vegas and worldwide.”

The Patrón Spirits Company, including Patrón, Ultimat Vodka and Pyrat Rum, as well as Veuve Clicquot champagne owned by Moet Hennessy USA, are sponsors of the grand opening gala.

Vanity Fair is the premier general interest magazine of our time. Covering the worlds of politics, business, fashion, entertainment, and society, its muscular, long-form journalism, luscious photography, insightful essays, and superb design make each issue of the magazine a must-read.

Coming Up In The December Online Hotel Business Review


Feature Focus
Hotel Law: The Biggest Challenges
Given the size and scope of the international hotel industry, the subject of hotel law is equally varied and vast. From development deals to management agreements; from food and beverage liability to labor and employment; from claims management to anti-trust matters; to legal concerns surrounding the issues of risk, safety and security, the practice of hotel law relies upon the expertise of many different kinds of legal specialists and practitioners. Though the subject matter is broad, there are several pending legal issues which will loom large in 2014 and beyond. The Affordable Care Act will be fully implemented in 2014 and its impact on hotel companies and their hiring practices is still to be determined. Other significant labor issues to be addressed include lawsuits pertaining to tip credit and tip pooling; wage-hour audits conducted by the Department of Labor: ongoing negotiations with unions involving living wage issues and the right of workers to organize; and increased pressure on hotel operations to be fully compliant with the Americans with Disabilities Act. On the business side of the industry, it is expected that there will be a wave of new hotel development that will engender all the related legal issues – land acquisition, entitlements, joint ventures and other financing, selection of hotel operators and brands, along with Hotel Management and Franchise Agreements. In addition, it is projected that there will be a substantial increase in foreign investment – particularly from the Chinese. Chinese investment will involve all the normal legal issues of an investment from due diligence, acquisition and financing, but will add layers of complexity to deal with tax and other international issues involving direct foreign investment in the U.S. These critical issues and others pertaining to Hotel Law will be explored in the December issue of Hotel Business Review.