Revel continues make progress across all major business segments; group,
leisure and gaming.
“Two months after our premiere, we are continuing to see steady
increases in our business volumes across both our gaming and non-gaming
segments,” said Kevin DeSanctis, Revel’s chairman and chief executive
officer. “Taking a step back, we have built a great product, our
operations are improving and we remain confident our economic model will
result in significant value creation for our stakeholders.”
Resort Update:
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Revel Beach premiered to the public on August 3
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Revolution Jewelry featuring Rodrigo Otazu and Charles Krypell opened
July 14
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HQ Nightclub, Luke’s Kitchen and Marketplace and Coffee Bean & Tea
Leaf opened in early July
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Opening this fall are Revel’s dayclub as well as additional
restaurants and retailers
July Operating Performance:
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650,947 total visitors, up 5% versus June
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Table drop and slot handle up 30% and 18% versus June, respectively
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$17.5 million in total gaming revenue, up 17% versus June
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$9.3 million in select non-gaming revenue, up 15% versus June
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Average hotel occupancy of 71% versus 58% in June
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Average rooms booked per day increased 20% versus June
Revel welcomed more than 49 groups for meetings and conferences in July,
over a dozen major entertainment acts at Ovation Hall, including Grammy
Award-winning artist Kanye West, and world-renowned DJ’s inside Revel’s
HQ Nightclub, amongst other resort-wide amenities. A selection of
Revel’s remaining summer programming includes:
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Journey – August 11
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Reba – August 18
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Stone Temple Pilots – August 24
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Duran Duran – August 25
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Eagles – September 1 and 2
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Barry Manilow – September 8
Revel is a new destination for uncommon recreation. The beachfront
resort is smoke-free and features more than 1,800 rooms with sweeping
ocean views. Designed to embrace its natural surroundings, Revel curates
a collection of daylife and nightlife experiences crafted to bring the
outside in and the inside out. Indoor and outdoor pools, gardens,
lounges, and a 32,000-square-foot spa provide guests with a relaxing
resort, while an outstanding collection of 14 restaurant concepts from
award-winning chefs and restaurateurs, live entertainment featuring
marquee acts and international artists, nightclubs, an oceanfront
dayclub, a casino that feels like a theatre and a collection of
boutiques in The Row tailor to each guest’s passions.
Revel is located on the Boardwalk at Connecticut Avenue in Atlantic
City, New Jersey. Additional information about Revel Entertainment is
available at www.revelresorts.com
