LAS VEGAS — Caesars Entertainment Corporation, best known for its gambling resorts in Vegas and Atlantic City, is making good on its plans to expand into new markets with non-gaming properties with news of a 500-room beachfront property coming to Los Cabos.

The US$200 million luxury beach front hotel will be managed by Caesars Entertainment and developed by Mexico’s Grupo Questro.

The resort represents Caesars’ first investment in Mexico. “Bringing Caesars Palace to Puerto Los Cabos will represent further progress on our strategy to expand the company’s non-gaming businesses into premiere resort and gateway destinations,” said Caesars Entertainment President and CEO, Mark Frissora.

The non-gaming luxury beachfront hotel will feature 500 rooms and suites, a 40,000-square foot convention centre, a 25,000-square foot full service spa, three fine dining restaurants, an array of amenities including an entertainment venue, pools, cabanas, fitness centre, tennis courts and access to the two signature golf courses.

The property will be situated in the Puerto Los Cabos Tourist Corridor and the San Jose del Cabo resort city on the southern tip of the Baja California peninsula.

Caesars says Puerto Los Cabos is a prime market for these early days of Caesars’ expansion, with the number of airline passengers into the market up 40% since 2015 with the majority coming from the U.S. and Canada followed by Mexico.

The announcement of the Puerto Los Cabos project follows last week’s announcement that Caesars Entertainment will manage two luxury hotels and a beach club at Meraas’ Dubai-based Bluewaters Island development. In late 2018, Bluewaters Island is expected to become home to Caesars Palace Bluewaters Dubai and Caesars Bluewaters Dubai, and will be the company’s first non-gaming resorts.