HOTEL / CASINO DEVELOPMENT - CONSTRUCTION BULLETIN CONVENTION AND VISITORS AUTHORITY as of June 26, 2007 2006 RECAP Rooms Completion Cost Convention Time Hotel / Name of Property Location Date (Millions) Space (Sq Ft) -share Motel 2006 Boardwalk Hotel closure 3750 Las Vegas Blvd South January 9, 2006 -- (7,417) -- (654) Nevada Hotel 235 S Main St January 12, 2006 -- -- -- (160) Hooters Casino Hotel 115 East Tropicana February 3, 2006 $65 -- -- -- (San Remo Casino and Resort conversion) Lady Luck Casino Hotel closure for renovation 206 N 3rd St February 12, 2006 -- -- -- (743) 1 Monte Lago Villiage expansion (Luna di Lusso) Lake Las Vegas March 1, 2006 -- -- -- 150 Red Rock Resort, Spa, Casino 11011 W. Charleston Blvd April 18, 2006 $925 70,000 -- 414 2 Tahiti Village 7200 Las Vegas Blvd South April 29, 2006 $200 -- 308 -- Palms Hotel Casino expansion 4321 West Flamingo May 6, 2006 -- -- -- 98 1 The Signature at MGM Grand - Tower 1 3799 Las Vegas Blvd South May 12, 2006 -- -- -- 576 South Point Hotel & Casino - Tower 2 9777 Las Vegas Blvd South May 15, 2006 $600 -- -- 614 Klondike Inn Hotel and Casino 5191 Las Vegas Blvd South June 28, 2006 -- -- -- (153) 2 Hilton Grand Vacation Club phase 2 2650 Las Vegas Blvd South June 30, 2006 -- -- 519 179 Homewood Suites by Hilton 10450 S Eastern Ave September 1, 2006 -- 1,500 -- 144 Terrible's Hotel and Casino expansion 4100 Paradise Rd September 20, 2006 -- -- -- 72 1 The Platinum condo-hotel property 211 E Flamingo October 25, 2006 $85 -- -- 255 Stardust Resort and Casino closure 3000 Las Vegas Blvd South November 1, 2006 -- (65,500) -- (1,552) Budget Suites of America - Stardust closure 1500 Stardust Rd November 1, 2006 -- -- -- (639) Red Rock Resort and Spa phase 2 Town Center & Charleston December 15, 2006 $325 -- -- 400 Santa Fe Station expansion 4949 N Rancho Drive December 31, 2006 $130 9,500 -- -- TOTAL 2006: $2,330 8,083 827 (999) NOTE: The above recap reflects significant room closures, expansions and additions to the room inventory; closures of smaller properties (<100 rooms) are not reflected. NOTE: Both time-share and condo hotel units are properties that may be rented out to overnight lodgers. 1 Room count includes condo-hotel units that may be rented to overnight lodgers when individual condo owners place their units into a nightly inventory. 2 Time-share: Ownership is divided among MULTIPLE owners with each owning the unit for a short interval of time (typically a week). Source: Las Vegas Convention and Visitors Authority ConstructionBulletin.xls HOTEL / CASINO DEVELOPMENT - CONSTRUCTION BULLETIN CONVENTION AND VISITORS AUTHORITY as of June 26, 2007 Room Inventory Summary Convention Add'l Total Space Add'l Time- Hotel/Motel Hotel/Motel Las Vegas (Sq Ft) share Units (2) Rooms Rooms Las Vegas Room Inventory (December 31, 2006) 132,605 2007 Additions 441,830 560 4,224 1 136,829 2008 Additions 34,000 524 3,086 1 139,915 2009 Additions 1,685,000 1,478 22,140 1 162,055 2010 Additions 1,336,616 524 13,195 1 175,250 2011 Additions - - 3,500 178,750 TOTAL 3,497,446 3,086 46,145 1 178,750 NOTE: Both time-share and condo hotel units are properties that may be rented out to overnight lodgers. 1 Room count includes condo-hotel units that may be rented to overnight lodgers when individual condo owners place their units into a nightly inventory. 2 Time-share: Ownership is divided among MULTIPLE owners with each owning the unit for a short interval of time (typically a week). Source: Las Vegas Convention and Visitors Authority ConstructionBulletin.xls HOTEL / CASINO DEVELOPMENT - CONSTRUCTION BULLETIN CONVENTION AND VISITORS AUTHORITY as of June 26, 2007 Rooms Completion Cost Convention Time Hotel / Name of Property Location Date (Millions) Space (Sq Ft) -share Motel 2007 1 The Signature at MGM Grand - Tower 2 3799 Las Vegas Blvd South January 1, 2007 -- 2,000 -- 576 Comfort Inn & Suites 4375 E Craig Rd January 9, 2007 -- 500 -- 81 Palms Casino Resort 4321 W Flamingo Rd February 1, 2007 -- 37,000 -- -- Holiday Inn Express 6220 Rainbow Blvd February 9, 2007 -- 728 -- 110 Hampton Inn and Suites Saint Rose 3245 St. Rose Parkway March 9, 2007 $15 800 -- 134 Golden Palm Hotel closure 3111 W Tropicana Ave March 12, 2007 -- -- -- (149) Nevada Palace redevelopment Boulder Highway March 12, 2007 (108) Nevada Landing closure 2 Goodsprings Rd March 20, 2007 -- (4,186) -- (303) Hilton Garden Inn Las Vegas Henderson 1340 W Warm Spring Rd April 13, 2007 -- 1,350 -- 139 Siegel Suites Bonanza 600 E. Bonanza Rd June 1, 2007 141 1 Las Vegas Cay Club 4200 South Valley View Blvd June 1, 2007 -- -- 360 -- Wingate by Wyndham 3041 St. Rose Parkway June 18, 2007 -- 3,000 -- 99 New Frontier closure 3120 South Las Vegas Blvd July 15, 2007 (9,338) (984) 1 The Signature at MGM Grand - Tower 3 3799 Las Vegas Blvd South July 2007 -- 2,474 -- 576 Microtel Inn & Suites phase 1 55 E. Robindale Rd. August 30, 2007 -- 1,107 76 Tropicana redevelopment 3801 Las Vegas Boulevard South September 4, 2007 (46,688) Hilton Garden Inn expansion 7830 S. Las Vegas Blvd. October 1, 2007 -- 1,500 27 Microtel Inn & Suites phase 2 55 E. Robindale Rd. October 2007 -- 37 Palazzo Las Vegas Blvd & Sands Blvd Fall 2007 $1,800 450,000 -- 3,025 Hilton Homewood Suites 230 Hidden Well Rd November 1, 2007 -- 1,583 147 2 Marriott's Grand Chateau phase 2 75 E Harmon Ave November 2007 -- -- 200 -- Siena Suites expansion 6555 Boulder Highway December 2007 $21 -- -- 300 Gateway South Polaris Ave & Russell Road 2007 -- -- -- 300 TOTAL 2007: $1,836 441,830 560 4,224 2008 1 Palms Place 4321 West Flamingo January 2008 $650 -- -- 599 1 Trump International Hotel and Tower Las Vegas Fashion Show Dr and Las Vegas Blvd May 2008 $600 -- -- 1,282 3 South Point Hotel expansion 9777 S. Las Vegas Blvd July 2008 800 2 Tahiti Village Vacation Club 7200 Las Vegas Blvd South August 2008 $135 -- 284 -- Eastside Cannery Site of Nevada Palace on Boulder Hwy September 2008 $250 20,000 307 Nevada Palace redevelopment Boulder Highway Late summer 2008 (104) Aliante Station 215 & Aliante Pkwy Late 2008 $600 14,000 -- 202 2,3 Bluegreen Corp. time-share project Tropicana and Paradise Road 2008 -- -- 240 -- TOTAL 2008: $2,235 34,000 524 3,086 2009 Encore at Wynn Las Vegas 3145 Las Vegas Blvd S Early 2009 $2,100 100,000 -- 2,034 3 Spring Hill Suites Paradise and Riviera Early 2009 293 3 Silverton expansion 3333 Blue Diamond Road Spring 2009 $500 30,000 -- 360 1 Planet Hollywood Towers by Westgate 3667 Las Vegas Blvd South 1st Qtr 2009 $750 35,000 1,228 -- M Resort Southeast corner St. Rose Parkway & Mid-2009 $700 70,000 -- 400 Las Vegas Blvd South 3 Hard Rock Hotel expansion and redevelopment 4455 Paradise Road Mid-2009 $750 60,000 -- 950 3 Tropicana redevelopment phase I 3801 Las Vegas Boulevard South Mid-2009 $2,500 250,000 4,123 2,3 Hilton Grand Vacations Lake Las Vegas Fall 2009 200 2,3 Waldorf Astoria Lake Las Vegas Fall 2009 50 3 Southern Highlands Casino-Resort phase 1 Northwest corner St. Rose Parkway & Fall 2009 $1,300 -- -- 1,050 Las Vegas Blvd S. 1 Fontainebleau-Las Vegas 2800 Block of Las Vegas Blvd S Fall 2009 $2,900 -- -- 3,889 1 Conrad Las Vegas Hotel 2955 Las Vegas Blvd South September 2009 $825 40,000 -- 792 MGM Mirage "Project CityCenter" phase 1 66 acres north of the Monte Carlo Nov 2009 $7,400 300,000 Resort hotel -- -- 4,002 1 Mandarin Oriental Hotel and Residences ** -- -- 400 1 The Harmon Hotel and Residences ** -- -- 400 1 Vdara Condo Hotel -- -- 1,543 Sands Expo and Convention Center expansion Sands and Koval 2009 -- 800,000 -- -- 1,3 Peebles Corporation Hotel and Condo Project 3550 Paradise Road 2009 $2,500 800 1,3 Pinnacle Las Vegas Condo-Resort Southwest corner Cameron & Tropicana 2009 $850 -- -- 1,104 TOTAL 2009: $23,075 1,685,000 1,478 22,140 2010 1 Grand Hyatt Las Vegas at The Cosmopolitan Resort & Las Vegas Blvd South & Harmon Ave 1st Qtr 2010 $2,400 150,000 -- 3,000 Casino Echelon Place (Boyd Gaming ) former Stardust site 3rd Qtr 2010 $4,800 750,000 Hotel Echelon and the Suites at Echelon & Las Vegas -- -- 3,150 ExpoCenter Shangri-La Las Vegas -- -- 353 Delano Las Vegas -- -- 550 Mondrian Las Vegas -- -- 860 3 Las Vegas Convention Center (meeting/general space)* 3150 Paradise Road End of 2010 $890 86,616 -- -- 3 Tropicana redevelopment phase 2 3801 Las Vegas Boulevard South End of 2010 -- 350,000 4,000 1,3 Trump International Hotel and Tower Las Vegas (Tower 2) Fashion Show Drive and Las Vegas Blvd 2010 $625 -- -- 1,282 TOTAL 2010: $8,715 1,336,616 0 13,195 2011 3 Plaza Hotel (site of New Frontier) 3120 Las Vegas Blvd South 2011 $5,000 3,500 TOTAL 2011: $5,000 0 0 3,500 NOTE: Both time-share and condo hotel units are properties that may be rented out to overnight lodgers. 1 Room count includes condo-hotel units that may be rented to overnight lodgers when individual condo owners place their units into a nightly inventory. 2 Time-share: Ownership is divided among MULTIPLE owners with each owning the unit for a short interval of time (typically a week). 3 Not yet under construction * LVCC Enhancement also includes approximately 513,000 sq. ft. of service and support space. ** Room counts reflect only hotel units; private residences are not included. Source: Las Vegas Convention and Visitors Authority ConstructionBulletin.xls HOTEL / CASINO DEVELOPMENT - CONSTRUCTION BULLETIN CONVENTION AND VISITORS AUTHORITY as of June 26, 2007 Rooms Completion Cost Convention Time Hotel / Name of Property Location Date (Millions) Space (Sq Ft) -share Motel Tentative Proposed Projects with Undetermined Completion Dates Alexis Park Resort project 375 East Harmon Avenue TBD $400 30,000 -- 1,000 Aliante Station phase 2 215 & Aliante Pkwy TBD 400 1 Allen Family Trust Desert Inn Rd & Channel 8 Dr TBD -- -- -- TBD 2 Bluegreen Corp.