The new owners of the Drew property did not release details Thursday on their plans for the site, including whether they will change the name back to the Fontainebleau or when they expect to resume construction.
Tourism
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Allegiant Air’s parent on Wednesday reported a loss of $184.1 million last year. The loss ended the company’s streak of 17 consecutive profitable years.
After a history of name changes, new owners and, finally, an implosion, a plot of land just east of the Strip is slated to get a luxury hotel.
A local developer plans to break ground on a luxury resort off the north Strip this summer.
When people have money to burn, Las Vegas heats up. But as seen twice now in the past decade or so, when the national economy gets hit hard, Southern Nevada ends up on life support.
Allegiant Air’s parent company posted another quarterly loss Wednesday amid the still-raging coronavirus pandemic but cited “modest, yet consistent” improvements.
The firm behind a proposed chain of Atari-themed hotels in Las Vegas and other cities unveiled more details and made big promises Wednesday.
The nearly 44-acre site is just west of Interstate 15 at state Route 161, on the way to California.
Nevada’s unemployment rate last month was below its peak during the Great Recession but remains high.
It’s not exactly prime time to open a hotel near the Las Vegas Convention Center, but developer Daniel Grimm has decided to give it a go.
The owners of Virgin Hotels Las Vegas are “carefully” looking at its scheduled fall opening after the coronavirus pandemic devastated the economy.
With the Aviators going dark this year , the brunt of the financial pain falls on team owner Howard Hughes Corp.
People gambled and hit the pools Saturday, and resorts seemed busier than on Day One, when foot traffic was relatively tame.
Las Vegas’ jobless rate was by far the highest among major American cities in April, new data shows, underscoring the coronavirus pandemic’s financial carnage in Southern Nevada.
Allegiant Air passenger volume nearly evaporated last month after the coronavirus pandemic started shutting down much of the economy in March, newly released figures show.
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