The hotel cost over $450 million to build, and officially opened on October 27, 1993. The addition later turned into a whole new hotel and casino project based on the theme of Robert Louis Stevenson's novel, Treasure Island. The original intent of Treasure Island was going to be a massive 3,000-room addition to the newly opened Mirage, talked about by Steve Wynn himself in 1991. There's also Mystere, an indoor show owned by Cirque Du Soleil. The hotel is home of multiple infamous shows, such as Sirens of TI, which closed in 2013. The hotel is named after the adventure novel with the same name. The hotel has over 2,000 rooms and is owned and operated by Phil Ruffin. Treasure Island, also known as simply 'TI' is a pirate-themed mega-resort, hotel, and casino located on the left side of the Strip in Paradise, Nevada.
