Caesars Entertainment Extends Partnership With Nobu Hospitality

Caesars Entertainment Inc CZR has extended its partnership with Nobu Hospitality with three new locations across the U.S.
The alliance includes two new Nobu Hotels and restaurants at Harrah's New Orleans and Caesars Atlantic City, a Nobu restaurant at Paris Las Vegas, and a refresh of the first Nobu Hotel at Caesars Palace Las Vegas.
In October, Nobu Hotel Caesars Palace plans to begin a multimillion-dollar refresh of its guest rooms and public areas, set to be complete by the end of 2021.
A new Nobu restaurant and lounge is set to open in Paris Las Vegas in early 2022.
Nobu Hotel Atlantic City is projected to open in the summer of 2022 within Caesars Atlantic City.
Nobu Hotel New Orleans and restaurant are set to open within the newly created Caesars New Orleans in 2024.
Price Action: CZR shares closed higher by 0.28% at $105.04 on Tuesday.

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