Wynn Resorts has unveiled Wynn Palace in Cotai, Macau, China.

The opening of Wynn Palace is expected to help attract more international tourists to the city.

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Wynn Resorts CEO and chairman of the board Steve Wynn said: "Wynn Palace is arguably the most beautiful hotel in the world, which is a wonderful thing to be able to say. But it is not in London, Paris, New York or Rome. It is in Cotai, in Macau, and sits here for all the world to come and see. It's our gift to the community, to the public. It will be here forever and it's perhaps unlikely we'll see a place of this scope and artfulness in our lifetimes again."

"To be the prettiest hotel in the world, frankly, is something that money and good taste can buy. But to be the best hotel in the world is something else altogether. In any hospitality business there are only two words that matter — guest experience.  All the rest is irrelevant, and all of the marble and crystal chandeliers, and all of the wonderful good taste that has been put into this building is dedicated to that one thing — guest experience.

"It takes six-and-a-half years to design a magnificent building like this, and yes, the name on the sign is Wynn Palace. But tonight this becomes the palace of the people who work here, and it is they who will make this the best hotel in the world."

Among the highlights of the resort is the eight-acre Performance Lake and fountain show, which employs 1,195 water jets shooting eight million gallons of water into the air in more than a dozen choreographed musical fountain shows.

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The resort also has 1,706 furnished rooms, suites and villas with personal touches overseen by Steve Wynn.

The spa is claimed to be the largest in Macau and features 22 treatment rooms and the resort's pool and pool-side restaurant overlook the Performance Lake.  

The Wynn Palace Esplanade is 18,580m2 of luxury shopping and is home to over 50 retail brands.