Caesars Entertainment Partners With Grupo Questro for $200 Million Caesars Palace Luxury Resort in Puerto Los Cabos, Baja, Mexico

Caesars Entertainment Corporation | April 26, 2018

LAS VEGAS, April 26, 2018 -- Caesars Entertainment Corporation (NASDAQ: CZR) today announced plans to bring a non-gaming Caesars Palace resort to beach-front property along the coast of Puerto Los Cabos, Mexico. The hotel licensing strategy is part of Caesars' plan to expand its brands into new global markets. The $200 million luxury beachfront hotel will be developed by Grupo Questro, one of Mexico's preeminent developers with over 30 years of experience and a diversified portfolio of projects that includes resorts, hotels, shopping centers, golf courses, and residential complexes. Caesars Entertainment will manage the property...