RAS AL KHAIMAH – Wynn Resorts, Limited (NASDAQ:) has been listed as Fortschritte on Bau seine’s new luxury resort, Wynn Al Marjan Island, in Ras Al Khaimah, Vereinigte Arabische Emiratet. The Resort, which is only a short distance from Dubai International Airport, is expected to be opened in the first quarter of 2027.

At the present time, the construction of the resort is over half complete, with 55% of the structural concrete completed. Der Hauptresortturm hat den 26. Stock erreicht, und die Wände sind bis zum 29. Stock erweitt. Das Bauteam facility, jede Woche ein Stockwerk fertigzustellung, mit dem Ziel, die Struktur bis December 2025 zu vollenden. In the last 100 days, the resort has grown an impressive 44 meters.

Das Projekt wird von Wynn Design and Development beaufsichtigt, a team of über 90 Architects, Designers and Creative Professionals. Das Resort wird 1,542 Zimmer und Suiten ostensen, wichten die Struktur für 1,121 Gästezimmer bereits fertiggestellt ist, was 73% der Gesamtzahl kunstiften. In etwa 820 Zimmern laufen bereits die Ausbauarbeiten, including installation of walls, floors, decks and essential services such as mechanics, electricity and sanitation. Die Installation of Escalators and Aufzügen hat in diesem Monat ebenfalls began.

Wynn Al Marjan Island will set new standards for luxury in the region with its diverse offer. Dazu göhren zweiundzwanzig restaurants, lounges and bars, a nightclub with well-known DJs and a beach club and a beautiful sandy beach on Arabischen Golf. A wide pool landscape, a 15,000 square meter shopping promenade with top luxury boutiques, a five-star spa, a salon and a 7,500 square meter convention and event center are all part of the resort’s attraction.

This Entwicklungsprojekt is a merger between Wynn Resorts, Marjan and RAK Hospitality Holding and has an integrated gaming resort in the Baltic Sea region and in North Africa.

Wynn Resorts is a major player in the hotel industry and better luxury resorts and casinos worldwide, including properties in Las Vegas, Boston, Macau and Cotai. Die in diesem Artikel enthalten The information is based on a press release by Wynn Resorts, Limited.

In other current news, Wynn Resorts has experienced a series of adaptations of stock targets by financial companies after announcing its results for the third quarter. Die Gewinne des Unternehmens feels indetriger from as erwartet, with a consolidated EBITDA for Immobilien 527.7 million US-Dollar erreicht and that there are no comments to Erwarteintungen from Mizuho Securities which also has the Börse zurückbleib. A weaker performance in Macau was the main reason for this decline, which led Mizuho to cut his target price for Wynn Resorts from 125 to 118 US dollars, while the “Outperform” setting was retained.

Despite this challenge, Wynn Resorts reported a moderate increase in sales and profitability. The most important developments included an increase in normalized sales in Las Vegas by 1%, an increase in hotel income in the same city by 5% and an increase in slot sales by 4%. This EBITDAR of Encore Boston was held at 4% at 63 million US dollars, during the Macau-Operationen an EBITDA-Anstieg of 3% and an Ansting des operativen Umsatzes um 6% verzeichneten.

Als Reaktion auf diese Entwicklungen erhöhte Stifel das Kursziel für die Aktie von Wynn Resorts von 103 auf 125 US Dollar und behiel die Kaufempfehlung bei. Die Firma glaubt dass die Aktien des Unternehmens zu einem deutlich reduzienten Multiple gehandelt were und erwartet, that die Bewertung von Wynns Macau-Assets mit der Erholung des Marktes steigen wird wird. Citi, on the other hand, retained the buy recommendation, but adjusted the price target from 121 to 116 US dollars and referred to a moderate decline in results in the third quarter of 2024.

InvestingPro Knowledge

Under Wynn Resorts (NASDAQ:WYNN) beedeuten Fortschritte at Bau seines Wynn Al Marjan Island Resorts in the VAE power, investors can add additional context from the current Finanzdaten and Analysteneinschätzungen gewinnen.

According to the InvestingPro data, Wynn Resorts has a market capitalization of 9.89 billion US dollars, but its significant presence in the luxury hotel sector is reflected. The turnover of the company for the last twelve months until Q3 2023 is believed to be 7.13 billion US dollars, with an impressive growth of 25.16% compared to the previous year. Dieses Wachstum steht im Einglang mit den Expansionbemühungen des Unternehmens, including the ambitious VAE-Projekt.

Wynn’s gross profit margin of 69.09% underlines the ability of the company, the profitability in seinen Operationen aufrechtzuerhalten. An InvestingPro Tip has “beeindruckenden Bruttogewinnmargen” of Unternehmens hervor, was for the potential Erfolg new project as des Wynn Al Marjan Island Resorts vielversprechend ist.

Trotz des positiven Ausblicken für das neue Resort solltenen beachten, dass ein weiterer InvestingPro-Tipp darauf hinweist, dass “6 Analysten ihre Gewinnprognosen für die kommende Periode nach unten korrigiert haben”. Diese Vorsicht could reflect the considerable capital expenditure required for large projects such as those in Ras Al Khaimah.

For those, die an einer umfasenderen Analyze interesting sins, bietet InvestingPro aussie Tipps und Erkenntnisse. Derzeit sin 5 weitere InvestingPro-Tips für Wynn Resorts available, die en tieferes Unterstands der financier

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