Developer Lorenzo Doumani's, with a new project the Majestic, is betting big that Business Travel will be up and running again soon. Doumani believes with the COVID vaccines the pandemic end is in sight.
Doumani plans to break ground on Majestic Las Vegas, a 720-room luxury hotel off the north Strip, in July 2021. Doumani expects to finish the roughly $850 million Resort in 2024.
The project site — former home of the Clarion hotel, which Doumani imploded in 2015 — is across the street from the newly expanded Las Vegas Convention Center, and Doumani said his non-gaming hotel will cater to business travelers.
“We’re not a typical leisure tourist destination at all,” Lorenzo Douman said.
The Majestic, 305 Convention Center Drive, is slated to include restaurants; live entertainment; a medical spa offering “executive physicals” and nutrition counseling; and 35 corporate suites spread among the tower’s top 10 floors.
The suites, which could be used for convention and showroom space and the like, are offered for sale and priced from $10 million to $100 million, a news release said.