That's a proxy for the market potential that Encore Boston Harbor will try to tap into. The casinoĪccording to Wynn Resorts' estimates, gross gaming revenue in the Boston area - including Massachusetts, Connecticut, and Rhode Island - was $2.6 billion over the past year. That's not a bad foundation to start from, but it's not going to be the biggest money maker for the property. If we assume the resort can command $600 in revenue per available room, there would be nearly $150 million in potential revenue from the hotel itself. In a presentation to investors, Wynn compared Ritz Carlton's $595 nightly rate and Four Seasons' $775 per night, and given prices of $1,000 around its opening, that may be a good range to expect.
Standard rooms are 650 square feet, and there are 18 two-bedroom residences that are 3,350 square feet and two 5,800 square foot villas.
Encore Boston Harbor in the early morning.Įncore Boston Harbor's hotel is small at just 671 rooms, but it's intended to be a very high-end resort.
