In August 2008, we opened The Plaza Macao, located adjacent and connected to The Venetian Macao in our Cotai Strip development.  The Plaza Macao consists of the Four Seasons Hotel, which includes 360 rooms and suites managed and operated by Four Seasons, The Plaza Casino (including the Paiza mansions), The Shoppes at Four Seasons, several restaurants and bars, a fitness center, swimming pool and spa as well as conference, banquet and other related facilities operated by us. The Plaza Casino has approximately 70,000 square feet of gaming space and includes exclusive VIP rooms designed for VIP and premium players. The Plaza Macao was designed specifically to provide an intimate luxury experience for high-end table games customers with special products and services, such as the exclusive Paiza mansions.

The Shoppes at Four Seasons is Macao’s largest luxury shopping mall and features a mix of more than 80 luxury branded stores, as well as high-quality dining facilities. Offerings include brands such as Brioni, Canali, Cartier, Chanel, Emporio Armani, Gucci, Hermès, La Perla, Louis Vuitton, Valentino and Versace. The Shoppes at Four Seasons also include a variety of exclusive customer services, including a mall concierge, image consultants, private shoppers, hotel delivery service and complimentary limousine transportation. The mall is connected to The Grand Canal Shoppes at The Venetian Macao.

The Plaza Macao also features the Paiza mansions.  Each of the mansions are individually designed and average approximately 7000 square feet.  They are located directly above and with direct access to The Plaza Casino. The mansions include a full complement of ultra-exclusive amenities for our most important customers.

In addition, The Plaza Macao will include an apart-hotel tower, consisting of approximately 1.0 million square feet of luxury apart-hotel units and common areas and is expected to be branded and serviced by Four Seasons.