This is a real gamble.
Many New York hotels are sitting largely empty because of lost business due to the coronavirus pandemic.
But the owner of Resorts World Casino NYC at Aqueduct in Queens announced plans Monday to open a new $400 million Hyatt Regency-run hotel next to its gambling facility, which is located near JFK airport.
The hotel will be called Hyatt Regency JFK at Resorts World New York
Malaysian-based Genting Americas always envisioned opening a hotel adjacent to its casino when it opened a decade ago. The casino sits next to Aqueduct race track.
Genting’s strong global ties — particularly in Asia — could help woo more customers from JFK airport to its casino resort.
Resorts World at Aqueduct also has been severely impacted by the COVID-outbreak, having been forced to close for months and then only allowed to reopen at limited capacity.
The plan calls for an eight-story, 400-room, “four-star” hotel to open in 2021.
The hotel will also include new restaurants, state-of-the-art conference and meeting spaces, retail stores, and additional gaming areas.