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Cosmopolitan Las Vegas

New hotel on Las Vegas strip.

3708 Las Vegas Blvd. South
Las Vegas, NV 89109
Employees: 4,000
CEO: Bill McBeath
Privately held

Website: http://www.cosmopolitanlasvegas.com

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The Cosmopolitan of Las Vegas is a luxury resort in the heart of the Strip located between Bellagio Hotel and City Center and across the street from Planet Hollywood. The hotel opened on December 15, 2010.

Blackstone Group bought the hotel from Deutsche Bank for $1.73 billion in 2014.

The Cosmpolitan is built on just 8.7 acres of land. The 2,995-room resort features oversized, residential-style living spaces with private terraces. Rooms facing North overlook the Bellagio water fountains. There is an extra charge for these rooms with a view.

The resort amenities include a 100,000-square-foot casino; Sahra Spa & Hammam; three unique pools at The Pool District; Marquee Nightclub & Dayclub at The Cosmopolitan, a multi-level integrated nightclub; nine retail boutiques and 150,000 square feet of state-of-the-art convention and meeting space.

There is a three-story bar in the middle of the resort called The Chandelier Bar that is surrounded by beaded crystals.

The 50-story East and West towers are made up of oversized hotel and condominium-style rooms ranging in size from 730 square feet to over 5,400 square feet in addition to ten three-story bungalow-style suites adjacent to the west pool deck.

Restaurants at the Cosmpolitan include:

Blue Ribbon Sushi Bar and Grill
China Poblano
Comme Ca
Estiatorio Milos
Overlook Grill
The Henry
VA Bene Caffe
Wicked Spoon Buffet

The $3.9 billion resort was built by Deutsche Bank. The hotel originally broke ground in 2005 and was built by a company controlled by Ian Bruce Eichner. In January 2008, Eichner defaulted on a $760 million construction loan and Deutsche Bank foreclosed on the property. Evenutally, Deutsche Bank took control of the project and finished construction in 2010.

The Cosmopolitan resort and hotel has yet to turn a profit since opening. Revenue from gaming has not been very strong but the Marquee Nightclub is one of the most popular in Las Vegas. The Wicked Spoon Buffet has also been very popular and known for food served in small dishes and pans.

Cosmopolitan Hotel is part of Marriott's Resort Collection which allows Marriott members to receive points for staying at the hotel.

Updated April 20, 2015