Hotel - Las Vegas
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Blackstone Bets $4.3B on Bellagio
In a joint venture with MGM Resorts, Blackstone Real Estate Income Trust has agreed to buy the iconic Las Vegas resort.
16 October 2019 10:39 -
The Rio Sells for $516M
Caesar’s Entertainment Corp. has sold the Las Vegas hotel and will continue to operate the property for at least two years.
24 September 2019 12:32 -
Marriott Breaks Ground on Las Vegas Hotel
CAI Investments is developing the 284-key luxury project, which marks the first property in the city to open under the Delta Hotels umbrella.
12 July 2019 13:11 -
MCR Acquires Las Vegas Hotel
The national hotel owner-operator acquired the 139-key Hilton Garden Inn Las Vegas/Henderson, located 10 minutes from the Las Vegas Strip.
26 April 2019 14:37 -
MGM Resorts to Receive $638M for Vegas Property Repositioning
MGM Growth Properties will pay the global entertainment company for the transformation of the former Monte Carlo Resort and Casino into the new Park MGM and NoMad Las Vegas hotels.
26 December 2018 14:28 -
VICI Properties Shells Out $508M for Las Vegas Hotel
The deal for the 668-room Octavius Tower is also tied to the forthcoming sale-leaseback of Caesars Entertainment’s Harrah’s Philadelphia casino.
16 July 2018 12:40 -
Home2 Suites Debuts in Vegas
The 120-key Home2 Suites by Hilton Las Vegas Strip South is owned and managed by National Hospitality Management LLC.
03 April 2018 19:27 -
4,000-Key Resort Planned for Dormant Vegas Site
The 25-acre parcel that has been home to the remnants of the unfinished and ill-fated Fontainebleau casino hotel project for nearly a decade will finally come to life as The Drew Las Vegas.
14 February 2018 13:16 -
Caesars, VICI Close $1.1B Harrah’s Sale-Leaseback
The deal paves the way for Caesars to develop a new convention center and partially funds the firm’s previously announced acquisition of Centaur.
28 December 2017 11:46 -
Tru by Hilton Opens in Vegas
The property is currently the largest hotel under the Tru brand. It is owned by the United Brotherhood of Carpenters and managed by Prism Hotels & Resorts.
12 December 2017 18:49 -
Hilton Opens Homewood Hotel in Vegas
Homewood Suites by Hilton Las Vegas City Center offers guests immediate access to all the attractions of the Strip, several golf courses and upscale shopping centers.
24 November 2017 14:35 -
Hilton, Blackstone Grab 1,201-Key Vegas Resort
The joint venture acquired The Elara, one of the largest timeshare properties in the world. The asset features four penthouse floors, retail and 17,000 square feet of ballroom space.
21 July 2017 13:30 -
Best Western Brand Tapped for Stratosphere, Aquarius Resorts
American Casino and Entertainment Properties chose Best Western's BW Premier collection for the properties, which include Las Vegas' tallest structure and a 1,906-key resort in Laughlin, Nev.
03 July 2017 15:56 -
MGM Resorts International Awarded Four Green Globe Certifications
The award, the highest assessment given by GBI, was bestowed upon a portfolio of 26 retrofit buildings in Las Vegas, which encompass more than 45 million square feet of hospitality space.
27 June 2017 14:41 -
Las Vegas Convention Center District Lands Final Approval
The $1.4 billion project will bring 600,000 square feet of new meeting space, while generating approximately 14,000 construction jobs and nearly 7,800 full-time permanent jobs upon completion.
15 June 2017 17:22