The property cost $2.4 billion to build, with construction starting just as the 2008 recession began to bite. The Revel was conceived before the economic downturn that caused so many problems in Atlantic City. While there are still those who believe Atlantic City has enough casinos, there is plenty of hope that the property will be profitable for the first time in its history. City officials are thrilled that the hotel brand will be coming to New Jersey at a time when its gambling sector is in its best state in a decade.Īs the Ocean Resorts nears opening, New Jersey is no doubt pleased that the troubles with the property are over.
The news of a Hyatt brand hotel being operated in New Jersey has made numerous people very happy. This is a global collection of hotels that offers visitors unique experiences. When the Ocean Resort Casino opens its doors, the 1400 room hotel will form part of the Hyatt Unbound Collection. This will be the first Hyatt hotel to open in Atlantic City Hyatt Comes to AC for First Time The hotel in Ocean Resorts Casino will be managed by the Hyatt Hotel Brand.