It seemed like giant ceremonial scissors got plenty of use on the Strip in recent years.
Multibillion-dollar resort projects opened their doors to the public after years of development, and marquee events brought further attention to Southern Nevada’s tourism industry. In 2023 alone, the $2.3 billion Sphere, $3.7 billion Fontainebleau and $780 million Durango hotel-casino all opened to the public. And during the pandemic, downtown’s Circa opened in 2020 with a reported $1 billion construction cost, and Resorts World opened on the north Strip with a $4.3 billion price tag in 2021.
More than 10,000 hotel rooms are in planning and construction phases in 2024, according to hospitality analytics firm CoStar.
