The Luxor underwent major renovations costing $323-3 million during fiscal 1997 and another $116-5 million in fiscal 1998.The resulting complex contains 4,425 hotel rooms, extensively renovated casino space, an additional 20,000 square feet of convention area, an 800-seat buffet, a series of IMAX attractions, five theme restaurants, seven cocktail lounges, and a variety of specialty shops. Circus expected to draw significant walk-in traffic to the newly refurbished Luxor and was one of the principal components of the Masterplan Mile.