Resorts World Casino NYC announced on Monday plans to build a new $400M Hyatt Regency hotel next to its gambling facility near the JFK Airport at Aqueduct in Queens, New York. According to the announcement, the hotel will be dubbed as Hyatt Regency JFK at Resorts World New York.
The proposed eight story, 400 room, four-star hotel is expected to open in 2021. It will include new restaurants, state of the art conference and meeting areas, retail stores, and additional gaming space. Genting’s Resorts World in Caskill also features a hotel.
Said Genting Americas East President Bob DeSalvio:
“Hyatt’s global brand recognition will give Resorts World an even greater opportunity to tap into the travel and tourism market worldwide and showcase our unparalleled hospitality, gaming, dining and entertainment offerings. We are proud to work with such an iconic brand as we move NY Forward, and we are excited that guests will soon be able to enjoy an integrated casino resort experience right here in Queens.”
Building a hotel is considered a gamble given the current situation of the COVID-19 pandemic. Many New York businesses are experiencing big losses due to the coronavirus outbreak. Even though they have been allowed to re-open, New York casinos have been forced to operate with restrictions. Resorts World in Aqueduct is no exception.
According to Sen. Jose Addabbo, Jr. who represents the Aqueduct communities, Genting’s proposed hotel creates hundreds of job opportunities for residents and adds revenues to the state while also improving the gaming experience in the Queens area.
Always in the Plan
Building a hotel adjacent to its New York casino was always in the plan of Genting Americas’ the Malaysian-based owners of Resorts World, when they opened the gambling facility a decade ago. Genting has a strong global presence, especially in Asia, which could help bring in more customers from the JFK airport to the proposed hotel.
Prior to this plan, Genting even had an ambitious plan to build a convention center at Aqueduct and the thought was even briefly considered by Gov. Andrew Cuomo. The idea folded after state lawmakers and Manhattan-based tourism industries refused to allow it to replace the Javits Center on Manhattan’s West Side.