Planet Hollywood, Hard Rock to open new hotel towers

Only in Vegas would new hotel towers continue to open during a deep recession.

Less than two weeks after the debut of the mammoth Aria at CityCenter, two more casino properties are opening new hotel towers Monday that will add 1,575 more rooms to a market that’s straining to fill the rooms it already has.

The 1,201-room PH Towers at Planet Hollywood Resort and the 374-room HRH Tower at the Hard Rock Hotel open to a market with hotel occupancy in the mid-80 percent and declining room rates.

The owners of these towers, however, see the expansions as an investment in the future of Las Vegas when the economy returns.

• PH Tower

The 52-story blue-and-red tower’s rooms are marketed for travelers who want to stay in Las Vegas for an extended time, such as citywide conventioneers. Built as time shares, rooms come with full kitchens, washers and dryers, and state-of-the-art electronics and bedroom features.

“The tower is for the upscale customer who wants to enjoy an all-suite product,” Planet Hollywood Resort President Bill Feather said.

The tower is a joint venture between Planet Hollywood Resort and Florida-based time share company Westgate. About 200 units are being sold as time shares with the rest being used for hotel rooms.

The tower had its soft opening Dec. 18 when nearly 20 people used their time shares.

Feather said the tower will open with 330 rooms on Monday, growing to 500 rooms by New Year’s Eve.

Nearly 200 rooms will be added in time for the International Consumer Electronics Show that begins Jan. 7. The full tower will be open for the Miss America Pageant on Jan. 30. Planet Hollywood will hold the tower’s grand opening the same weekend.

The rooms are being marketed at $229 midweek and $349 weekends, Feather said.

The top four floors will be 16 condominium units ranging from 6,000 square feet to 18,000 square feet.

The new tower features a pool that will open in the summer. A lobby bar will open Monday and plans are being developed for two restaurants off the lobby.

The tower’s 100-foot entrance is just past the closed Steve Wyrick Theater in the Miracle Mile Shops. The casino is located nearly 150 yards from the PH Tower’s entrance, Feather said.

The new tower brings Planet Hollywood Resort’s room count to 3,697 rooms.

HRH Tower

The all-suite HRH tower along Harmon Avenue is part of the larger $750 million expansion that has been opening up in stages since early spring and will be completed in April.

The tower’s 374 rooms include seven penthouse suites and eight spa villas.

Opening with the tower is the 25,000-square-foot Reliquary Spa, a new parking garage with a porte-cochere and 40,000 square feet of new casino space.

A new nightclub, the 14,000-square-foot Vanity, opens Dec. 31, which will be the last night for the old nightclub, Body English.

Hard Rock Hotel President and Chief Operating Officer Randy Kwasniewski said this part of the expansion is marketed more to casino players who haven’t had the full amenities available at other resorts at the Hard Rock Hotel until now.

“It’s for the higher-end customer that we would assume is looking for a boutique experience,” Kwasniewski said. “It has all the amenities necessary. It is a bit of a different design for that customer.”

The HRH Tower caters to a different market than the 450-room Paradise Tower, which opened in July.

The Paradise Tower was designed for corporate meetings and convention guests, as well as group customers. That tower is convenient to the meeting space and the new Joint concert hall.

The property is planning a large grand-opening celebration in April, when the pool expansion is complete. Three restaurants are also planned in the new casino, an area which used to house the old Joint, in second quarter of 2010.

The expansion brings the property’s casino space to 70,000 square feet supported by 1,506 rooms.

ad-high_impact_4
Business
Bellagio, MGM Resorts International’s luxury hotel turns 20
The more than 3,000-room Bellagio hotel is situated on the site of the former Dunes Hotel. The Dunes was imploded in 1993, and construction of the Bellagio started in 1996. It cost $1.6 billion to build, making it the most expensive hotel in the world at the time. The Bellagio was former Wynn Resorts Ltd. Chairman and CEO Steve Wynn’s second major casino on the Strip after The Mirage. MGM Resorts International acquired the property from Steve Wynn in 2000. (Tara Mack/Las Vegas Review-Journal)
Facial recognition software at G2E – Todd Prince
Shing Tao, CEO of Las Vegas-based Remark Holdings, talks about his facial recognition product. (Todd Prince/Las Vegas Review-Journal)
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant
Former NBA player, Shaquille O'Neal, speaks about his new Las Vegas chicken restaurant. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Bobby Baldwin to leave MGM
MGM Resorts International executive and professional poker player Bobby Baldwin is set to leave MGM.
Caesars has new armed emergency response teams
Caesars Entertainment Corp. has created armed emergency response teams. They are composed of former military and law enforcement officials. "These teams provide valuable additional security capabilities,” Caesars spokeswoman Jennifer Forkish said. Caesars is hiring Security Saturation Team supervisors, managers and officers, according to LinkedIn. The company did not say how many people it plans to hire for the units. (Las Vegas Review-Journal)
Las Vegas, airlines prepare for CES
CES in January is expected to attract more than 180,000 attendees. (Las Vegas Review-Journal)
AGS partners with Vegas Golden Knights
AGS is the nation’s second-largest manufacturer of Class II slot machines used primarily in tribal jurisdictions. It announced a marketing partnership with the Vegas Golden Knights NHL team. (Las Vegas Review-Journal)
Lehman Brothers bet big on Las Vegas
Lehman Brothers collapsed 10 years ago, helping send the country into the Great Recession.
Fremont9 opens downtown
Fremont9 apartment complex has opened in downtown Las Vegas. (Marcus Villagran/Las Vegas Review-Journal) @marcusvillagran
Ross & Snow launches in Las Vegas
Luxury shoe brand Ross & Snow has opened in Las Vegas, featuring "functional luxury" with premium shearling footwear. (Bailey Schulz/Las Vegas Review-Journal)
Remote Identification and Drones
DJI vice president of policy and public affairs discusses using remote identification on drones. (Bailey Schulz/Las Vegas Review-Journal)
Drones and public safety in Nevada
Two representatives in the drone industry discuss UAV's impact on public safety. (Bailey Schulz/Las Vegas Review-Journal)
Frontier Airlines to launch flights from Las Vegas to Mexico
Frontier, a Denver-based ultra-low-cost carrier, will become the first airline in more than a decade to offer international service to Canada and Mexico from Las Vegas when flights to Cancun and Los Cabos begin Dec. 15. (Rick Velotta/Las Vegas Review-Journal)
MGM Resorts International CEO Jim Murren addresses Oct. 1 lawsuits
MGM Resorts International Chairman and CEO Jim Murren addresses criticism his company has received for filing a lawsuit against the survivors of the Oct. 1 shooting. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International opens the doors on MGM Springfield
Massachusetts’ first hotel-casino opens in downtown Springfield. The $960 million MGM Springfield has 252 rooms and 125,000-square-feet of casino. (K.M. Cannon/Las Vegas Review-Journal)
MGM Resorts International prepares to open MGM Springfield
Las Vegas-based MGM Resorts International gave news media and invited guests a preview of the $960 million MGM Springfield casino in Massachusetts. The commonwealth's first resort casino will open Friday, Aug. 24. (K.M. Cannon/Las Vegas Review-Journal)
A Walk Through Circus Circus
It only takes a short walk through Circus Circus to realize it attracts a demographic like no other casino on the Strip: families with young children. (Todd Prince/Las Vegas Review-Journal)
Morphy Auctions, a vintage slot machines seller, wants gaming license
Vice president Don Grimmer talks about Morphy Auctions at the company's warehouse located at 4520 Arville Street in Las Vegas on Thursday, Aug. 16, 2018. (Rick Velotta/Las Vegas Review-Journal)
Nevada's venture capital money doesn't stay in state
Zach Miles, associate vice president for economic development for UNLV, said there’s venture money in Southern Nevada, “but trying to find the right groups to tap into for that money is different.” According to a 2017 report from the Kauffman Foundation, Las Vegas ranked number 34 out of 40 metropolitan areas for growth entrepreneurship, a metric of how much startups grow. With a lack of growing startups in Las Vegas, investment money is being sent outside of state borders. The southwest region of the U.S. received $386 million in funding in the second quarter, with about $25.2 million in Nevada. The San Francisco area alone received about $5.6 billion. (source: CB Insights)
Neon wraps can light up the night for advertising
Vinyl wrap company 5150 Wraps talks about neon wraps, a new technology that the company believes can boost advertising at night. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Nevada on the forefront of drone safety
Dr. Chris Walach, senior director of Nevada Institute for Autonomous Systems, talks to a reporter at NIAS's new Nevada Drone Center for Excellence of Public Safety, located inside the Switch Innevation Center in Las Vegas. K.M. Cannon Las Vegas Review-Journal @KMCannonPhoto
Motel 8 on south Strip will become site of hotel-casino
Israeli hoteliers Asher Gabay and Benny Zerah bought Motel 8 on the south Strip for $7.4 million, records show. They plan to bulldoze the property and build a hotel-casino. Motel 8 was built in the 1960s and used to be one of several roadside inns on what's now the south Strip. But it looks out of place today, dwarfed by the towering Mandalay Bay right across the street.
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like