Wynn Resorts advances Macau hotel project and UAE resort development
Wynn Resorts chief executive Craig Billings said construction of The Enclave at Wynn Palace began in the third quarter, with the 432-suite hotel expected to open in early 2029. Wynn Macau Ltd said its concession-holding subsidiary committed up to MOP1.37 billion to Macau’s economic diversification fund. Wynn Resorts is developing a US$5.7-billion resort in Ras Al Khaimah, with opening now expected in September 2027.
The Enclave and Ras Al Khaimah resort expand Wynn’s development pipeline, while its Macau fund commitment adds to concession-related obligations.