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Caesars Palace Welcomes a New Era of Opulence as it Unveils All-New Presidential Villas and Sky Villas

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The two Colosseum Presidential Villas and 29 Octavius Sky Villas, designed by Peter Silling & Associates, will debut in time for the Las Vegas resort's 60th anniversary As Caesars Palace celebrates 60 years of

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AI Summary

Caesars Palace has launched new luxury accommodations—two Presidential Villas and 29 Sky Villas—to commemorate its 60th anniversary. Designed by Peter Silling & Associates, these additions enhance Caesars' appeal to high-end travelers, likely boosting profitability and brand prestige in a competitive market.

Sentiment Rationale

Historically, upgrades to luxury accommodations lead to increased occupancy and revenue. For example, similar initiatives in other resorts have boosted market share.

Trading Thesis

CZR is poised for an upward trend as luxury upgrades drive demand; bullish outlook for 6-12 months.

Market-Moving

  • New luxury offerings may increase occupancy rates and revenue at Caesars resorts.
  • Targeting high-end travelers could enhance brand image and profitability.
  • Luxury renovations align with market trends, potentially attracting a wealthier clientele.
  • Successful launch may lead to further investment in upscale amenities.

Key Facts

  • Caesars Palace unveils new luxury villas for its 60th anniversary.
  • Two Presidential Villas and 29 Sky Villas introduce modern luxury.
  • Designed by Peter Silling & Associates, the villas blend sophistication and artistry.
  • New amenities target high-end travelers, enhancing guest experience.
  • Renovations signal Caesars' commitment to luxury in the Las Vegas market.

Companies Mentioned

  • Caesars Entertainment (CZR): Luxury renovations may enhance the company's market position and financial performance.

Corporate Developments

This announcement falls under 'Corporate Developments' as it highlights significant upgrades in service offerings. Such enhancements reflect Caesars’ commitment to maintaining its competitive edge in an evolving luxury market on the Vegas Strip.

The two Colosseum Presidential Villas and 29 Octavius Sky Villas, designed by Peter Silling & Associates, will debut in time for the Las Vegas resort's 60th anniversary

As Caesars Palace celebrates 60 years of grandeur, the iconic resort is ushering in a new era of luxury on the Las Vegas Strip. Caesars Palace is debuting two all-new Presidential Villas in the Colosseum Tower and 29 Sky Villas in the Octavius Tower. Designed by Peter Silling & Associates, these suites blend European artistry with modern sophistication and are now available for the public to stay.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260116685165/en/

Colosseum Presidential Villas at Caesars Palace - Courtyard Lounge/Atrium (Credit: Caesars Entertainment)

Colosseum Presidential Villas at Caesars Palace - Courtyard Lounge/Atrium (Credit: Caesars Entertainment)

*For high-res images, click here*

"The new Colosseum Presidential Villas and Octavius Sky Villas at Caesars Palace reflect our commitment to elevate the standard of luxury on the Las Vegas Strip," said Sean McBurney, Chief Commercial Officer and Regional President of Caesars Entertainment. "As we commemorate our 60th anniversary, we're proud to unveil these extraordinary spaces, meticulously designed with thoughtful details to deliver an unparalleled guest experience."

Colosseum Presidential Villas

The new Colosseum Presidential Villas offer a bold take on contemporary luxury – architectural, atmospheric and distinctly elevated. The villas are a modern residential palace with a design that pays homage to heritage while presenting luxury with clarity, balance and intentionality.

The Presidential Villas take their name from the distinguished guests who have stayed in them. Over the years, presidents, world leaders, dignitaries and renowned celebrities have enjoyed these exclusive accommodations, which offer unmatched privacy, sophisticated design and dedicated butler service with personalized amenities.

With similar layouts, the 8,060-square-foot villa features brushed gold accents and soft lighting, while the 8,370-square-foot villa showcases bold lines and darker tones. The two villas can also connect, spanning more than 19,000 square feet of indoor and outdoor space together. Each rooftop villa features a 1,700-square-foot terrace with sweeping views of the Las Vegas skyline.

Highlights of each villa include:

  • Private elevator through a grand vestibule inspired by Roman gardens
  • Floor-to-ceiling windows with panoramic Las Vegas views
  • Custom chandeliers crafted from metal, glass and crystal that serve as art pieces
  • Double-sided glass fireplace, a centerpiece that seamlessly connects the living and entertainment areas
  • Entertainment lounge with a feature bar and a midnight marble billiard table
  • Formal dining room with mirror-lined ceilings and a 10-seat Calacatta Oro marble table
  • Courtyard lounge that offers an intimate, tranquil setting, with skylight and terrace views
  • Outdoor terrace with a fluted travertine bar and dark timber dining ensemble – perfect for sunset gatherings with panoramic views
  • Primary bedroom that serves as a private sanctuary, featuring a spa-inspired bathroom and bespoke furnishings that create a deeply residential feel
  • The 1,350-square-foot, additional grand primary bedroom in between the two villas boasts curved floor-to-ceiling windows and a glamorous bathroom with a Calacatta marble tub and Nero Marquina marble floors

Octavius Sky Villas

Perched on the 68th and 69th floors of the Octavius Tower, the 29 new Sky Villas introduce a contemporary design with clean architectural lines, a refined palette and sweeping views of Las Vegas. Created to appeal to a new generation of high-end travelers, the Sky Villas have been reimagined to reflect how modern guests live, entertain and unwind in a space that feels current and unmistakably design-forward. Bold material contrasts, including marble and metal, velvet and leather and crystal and stone, soaring ceilings, sculptural lighting and curated art compositions also foster a feeling of airiness and exclusivity. Additional highlights include a TV feature wall in the living room and ribbed glass panels in the bathroom that enhance the marble. The Octavius Sky Villas showcase a new standard of modern luxury at Caesars Palace, offering a sophisticated residential experience shaped for today's most discerning guests.

This luxurious new room product follows the recent AAA Five Diamond designations awarded to THE VILLAS Caesars Palace and Restaurant Guy Savoy, reinforcing a consistent level of excellence across the resort. Additionally, Caesars Palace has transformed itself in recent years with many large-scale investments to the resort, including a complete overhaul of the resort's main entrance and iconic crystal-cloaked casino dome, the addition of the Flavian Sky Suites, Palace Court Slots and Aureus Lounge – two upscale high-limit gaming areas, Celebrity Food Hall, Caspian's Cocktails & Caviar and a renovation of Qua Bath & Spa and fitness center. Looking ahead, even more exciting changes are coming for guests.

Enhancements include:

  • OMNIA Dayclub – Tao Group Hospitality's OMNIA Dayclub will command 46,000 square feet, featuring two expansive pools and performances from top global DJs – coming pool season 2026
  • Augustus Tower – nearly 1,000 suites will receive a full renovation designed by Peter Silling & Associates, setting a new standard for luxury in the market – coming 2026
  • VIP Check-in Lounge – a luxurious and reimagined check-in experience for the most discerning hospitality and gaming guests – coming 2026
  • Julius Tower – more than 500 rooms will receive a full renovation – coming 2027
  • Palace Tower – nearly 1,200 rooms will receive a full renovation – coming 2027

For more information, guests can visit caesars.com/suites/las-vegas. To book, guests should email luxurysales@caesars.com or call 1-855-227-8881.

About Caesars Palace

Caesars Palace, the iconic Las Vegas Strip resort where every guest is treated like a Caesar. The resort features 3,980 hotel guest rooms and suites, including the 182-room Nobu Hotel Caesars Palace, the all-new Colosseum Presidential Villas and Octavius Sky Villas, and THE VILLAS Caesars Palace, which has earned the prestigious AAA Five Diamond rating. Both Caesars Palace and Nobu Hotel Caesars Palace have also received AAA Four Diamond designations. The 85-acre resort offers diverse dining options from the award-winning Bacchanal Buffet to celebrity chef-branded restaurants, including Gordon Ramsay HELL'S KITCHEN, Pronto by Giada, Amalfi by Bobby Flay, Vanderpump Cocktail Garden by restaurateur and television star Lisa Vanderpump, one of Nobu Matsuhisa's largest Nobu restaurants, Restaurant Guy Savoy, award-winning pastry chef Dominique Ansel's first Las Vegas bakery, Stanton Social Italian – a dining concept in partnership with Tao Group Hospitality, legendary New York Steak House Peter Luger and Brasserie B Parisian Steakhouse by Bobby Flay. The Celebrity Food Hall features Guy Fieri's Chicken Guy!, Bobby's Burgers by Bobby Flay, Tortazo by Rick Bayless, Buddy V's Pizzeria and Mokbar by Esther Choi. For the best in cocktails, destination lounges include Montecristo Cigar Bar, VISTA Cocktail Lounge, Stadia Bar and Caspian's – a cocktail and caviar bar with Clique Hospitality The resort also features nearly 130,000 square feet of casino space, the Caesars Race & Sportsbook at Caesars Palace with a 143-foot HD LED screen and state-of-the-art sound, a five-acre Garden of the Gods Pool Oasis, the luxurious Qua Baths & Spa, Hairdreams by Michael Boychuck, five wedding chapels and gardens, the 75,000-square-foot OMNIA Nightclub and the OMNIA Dayclub on Las Vegas Boulevard (coming summer 2026). The 4,300-seat Colosseum is the most celebrated venue in Las Vegas with an impressive legacy of superstar talent featured in an intimate, once-in-a-lifetime setting. The Colosseum currently spotlights world-class entertainers, including Kelly Clarkson, Jennifer Lopez, Dolly Parton, Blake Shelton, Nikki Glaser and David Spade, Def Leppard, Cyndi Lauper, Jerry Seinfeld and Rod Stewart. Also, the Green Fairy Garden in front of Caesars Palace hosts ABSINTHE by Spiegelworld, an adults-only circus variety show featuring a cocktail of wild and outlandish acts. The Forum Shops at Caesars Palace showcases more than 160 boutiques and restaurants. Caesars Palace is operated by a subsidiary of Caesars Entertainment, Inc. (NASDAQ:CZR). For more information, please visit caesarspalace.com or the Caesars Entertainment media room. Find Caesars Palace on Facebook and follow on X and Instagram. Know When To Stop Before You Start.® If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling or texting 1-800-522-4700, Caesars License Company, LLC.

Media Contact:

Kristin Soo Hoo

Ksoohoo@caesars.com

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