84°F
weather icon Mostly Clear
Las Vegas, NV
News

Village Hospitality purchases Ritz-Carlton at Lake Las Vegas

Matthew Crowley
March 24, 2009 - 3:52 pm
 

Village Hospitality LLC today said it acquired the Ritz-Carlton, Lake Las Vegas, a 349-room resort and spa 17 miles from the Las Vegas Strip, for an undisclosed price.

In a statement, Village Hospitality said the transaction closed in late February.

The prior owner of the resort sought reorganization in April. The acquisition by Village Hospitality concludes a 10-month bankruptcy period.

In the statement, Michelle Russo of hotelAVE, the Providence-based asset manager for Village Hospitality LLC, said no services were interrupted during the hotel’s ownership reorganization period.

“The Ritz-Carlton, Lake Las Vegas, is an extraordinary acquisition for Village Hospitality, and the new relationship with the hotel’s management team is extremely positive,” Russo said. “We look forward to seeing The Ritz-Carlton Lake Las Vegas continue to serve its guests with world-class service and superior facilities as we move forward with them on behalf of the property owner.”

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
Children attending Wendell P. Williams Elementary School are checked in for the first day of th ...
Should CCSD start school 30 minutes later?
By / RJ

The Clark County School District launched a survey about starting all schools 30 minutes later. Officials cite research linking later start times to improved performance and lower rates of depression.

A vehicle that was rammed into the building is surrounded by smoke as a firefighter works on th ...
What we know about the deadly shooting at a Michigan Mormon church
Associated Press

At least 100 federal investigators are responding to an attack in a Michigan community where a former Marine crashed a pickup into a Mormon church during a Sunday service, shot into the building and set it ablaze.

President Donald Trump walks to speak with reporters after greeting supporters before departing ...
Government shutdown draws closer as congressional leaders head to White House
By Stephen Groves and Mary Clare Jalonick Associated Press

Democratic and Republican congressional leaders are heading to the White House for a meeting with President Donald Trump on Monday in a late effort to avoid a government shutdown, but both sides have shown hardly any willingness to budge from their entrenched positions.

MORE STORIES