The LVA via the LVRJ is reporting that the LVH has been sold (not sure if chilly has been notified) to a time share guy who may convert the hotel to a time share. The LVH is the first hotel I ever stayed at in Vegas back in 88 (it was the largest hotel in America then). It would be sad if this is the case
The LVA is also reporting that the Revel has filed for bankruptcy again and may close in mid August if a buyer is not found. It is being valued south of $300m. The AC Palace formerly the Hilton recently closed and the Showboat & Plaza are rumored to be closing. The Resorts is always on the bubble and Bally's is a dump.
Competition from other states is being blamed (notoriously bad customer service, my opinion) also has not helped. AC has managed to screw this up big time
The LVA is also reporting that the Revel has filed for bankruptcy again and may close in mid August if a buyer is not found. It is being valued south of $300m. The AC Palace formerly the Hilton recently closed and the Showboat & Plaza are rumored to be closing. The Resorts is always on the bubble and Bally's is a dump.
Competition from other states is being blamed (notoriously bad customer service, my opinion) also has not helped. AC has managed to screw this up big time
