Melco Resorts & Entertainment has revealed plans for a new luxury hotel project, REM, at its City of Dreams Macau integrated resort, with a soft opening and grand launch expected in the second half of 2026.
The announcement was made on Tuesday via the City of Dreams Macau social media account.
According to the post, REM aims to redefine contemporary luxury through a suite-focused concept, avant-garde artistic design, and innovative service. The project is expected to further strengthen City of Dreams’ positioning as a flagship integrated resort on Macau’s Cotai Strip.
The hotel will be replace the former Countdown Hotel tower at City of Dreams. Before being rebranded as Countdown Hotel, the property operated as the Hard Rock Hotel. The tower closed in 2021 to undergo a major renovation and transformation.
During the company’s February 2026 earnings call, Melco Chairman and CEO Lawrence Ho confirmed that the redevelopment remains on schedule, with the property expected to progressively begin opening in the third quarter of 2026.
Melco has allocated approximately $125 million for the full redevelopment of the tower.
According to the company’s latest financial disclosures, around $100 million of Melco’s total $450 million capital expenditure budget for 2026 is earmarked for the final stages of the renovation.
The project represents a significant reconfiguration of the existing hotel layout. The previous configuration of roughly 330 standard rooms will be replaced by approximately 150 ultra-luxury suites. Each suite will exceed 1,000 square feet (around 93 square meters), targeting premium mass and high-value visitors.
According to management’s earlier remarks, the addition of REM is intended to complement City of Dreams’ existing Morpheus and Nüwa hotel towers by introducing a boutique-style high-end accommodation experience. The redevelopment is also being carried out alongside upgrades to the resort’s retail and food and beverage offerings as part of Melco’s broader “Be A Dreamer” brand refresh for City of Dreams Macau.
