CAESARS FORUM CONSTRUCTION AND BUSINESS MILESTONES ANNOUNCED
Caesars Entertainment's new 550,000-square-foot meeting and conference facility 70% completed and on schedule to open March 2020
Over $390 million contracted for meetings and events
One million room nights booked
Las Vegas, NV (November 6, 2019) - Caesars Entertainment, one of the most diversified casino-entertainment companies in the world, announced today more than one million room nights and over $390 million is contracted for meetings and events at CAESARS FORUM through 2020 and beyond. CAESARS FORUM, the new, 550,000-square-foot conference facility in Las Vegas, is set to open in March 2020 and is 70% complete, with crews working 24 hours a day, seven days a week to finish the project.
In the last 20 months, more than 125 contracts for meetings and events have been signed. Over 75% of the business booked occurs within the first three years of operations and over 70% represent new business to Caesars Entertainment. Meetings and events industry leaders ConferenceDirect, Cvent, HelmsBriscoe, Meeting Professionals International and Professional Convention Management Association have selected CAESARS FORUM for their annual meetings.
"One million room nights booked before opening far exceeds our expectations and is a testament to the hard work of our sales team, and customers' excitement about CAESARS FORUM," said Michael Massari, Chief Sales Officer, Caesars Entertainment. "CAESARS FORUM construction is on track and I'm thrilled with our progress. The building exterior is complete, and the team is working diligently on the interior, staying on schedule to open next March. Operationally, we have the core team in place and have already begun planning events for 2020 and beyond."
The $375 million conference center will carry a LEED silver certification and features the world's two largest pillarless ballrooms - each equivalent to one football field in length. CAESARS FORUM will be the first facility of this size built on one level, and the adjacent Forum Plaza will be the first 100,000 square-foot dedicated outdoor event space in Las Vegas.Additional features:
- Direct access to 8,500 hotel rooms at Harrah's Las Vegas, LINQ Hotel + Experience and Flamingo Las Vegas, and within walking distance to 20,000 Caesars Entertainment hotel rooms, including Caesars Palace.
- More than 300,000 square-feet of flexible meeting space, including the two largest pillarless ballrooms in the world both 110,000 square feet, two 40,000 square-foot ballrooms and six state-of-the-art boardrooms.
- Accommodates more than 10,000 participants and offers more than 100 break-out rooms.
- Divides into limitless configurations, with 2.1 miles of airwalls.A dedicated heart of house, equipped with state-of-the-art culinary equipment, providing participants with restaurant-quality dining.