Harrah’s Entertainment Inc. said it is delaying plans to open 665 new rooms at a sixth tower it has just built at Caesars Palace on the Las Vegas Strip, until there is stronger demand for hotel rooms.
The 23-story Octavius Tower was scheduled to open this summer as part of a $1 billion expansion at the casino resort.
Harrah’s said that other parts of the expansion will open on schedule, including 110,000 thousand square feet of meeting space, an expanded pool and garden area and three 10,000-square-foot luxury villas. Strong advance bookings warranted finishing the new meeting space, the casino operator said.
