Who Owns Vegas

New Projects

Exciting hotels to come:
constructions, proposals and rumors

Who Owns Vegas
Photo © Andrew Hudson
Welcome to fabulous Las Vegas
Last updated:
First published: October 2005


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Sorry, this is quite out of date. I need to tidy this up!

Edge Las Vegas, the world's largest hotel with 6,745 rooms. The hotel, casino and retail complex would be located a few blocks east of the Strip, on 60 acres along Harmon Avenue, west of the Hard Rock Hotel, where Las Ramblas was planned. The group is led by AFI Group.

Grand Central Hotel, with 2,500-rooms in a 61-story tower in downtown Las Vegas. proposed on 4/24/08 by a quite group called Grand Central South Partners.

Park Highlands. A 66-acre mixed-used complex with 1,500 rooms proposed by Boyd Gaming and Olympia Gaming. Announced 4/11/08.

Viva by Station Casinos. The largest private development at $10+ billion. 5,200 rooms in three hotels on 110 acres west of CityCenter. Announced 4/19/08.

Various Station Casinos projects. Announced alongside Viva were up to eight projects in Las Vegas, including one by Palace Station, one south of South Point, and one on the (finally) old Castaways site.

Steve Wynn indicates that the Wynn golf course will be replaced with a large conference center and two hotels with 5,200 rooms.



Company
and rank
by LV hotel
room count
Rooms
Owned and open
Hotels
with room count
Ownership
Turnberry
Through
Fontainebleau Resorts LLC
864 Building:
Fontainebleau Las Vegas (3,889 rooms (2,719 hotel rooms, 152 suites, 1,018 condo-hotel units), opening 2009)

Signature at MGM Grand 1,728 condo-hotel units (1,152 more proposed) (50% with MGM Mirage)
Private
Jeffrey Soffer
Maloof802 The Palms (802)

Building:
A third tower with 599 more condo-hotel rooms
Private
George Maloof
Morgans647 Hard Rock Hotel (647)

Building:
950 more rooms (opening 2009) at the Hard Rock
Delano (550, 2010, 50% with Boyd)
Mondrian (860, 2010, 50% with Boyd)
NASDAQ: MHGC

Ed Scheetz
Financial Capital500 Alexis Park (500)

Proposed: Second tower with 1,000 rooms but project has not moved for several years
Private
Richard Alter
Starwood385 Planet Hollywood (2,567, 15%, see OpBiz)

Licenses names to Element (125, 2008) and Westin Casuarina (816). Part-owner in Weststate Project.
NYSE: HOT

CEO: Steven Heyer
Crown Ltd201 Cannery (201, 100%)

Building:
Eastside Cannery (307, 100%, 2010)
Fontainebleau Las Vegas (3,889, 19.6%, 2009)
CDLDF

James Packer
(38% ownership)
M Resorts(50% owned by MGM Mirage) Building:
M Resort (2,000, 2009)
Private
Tony Marnell
Olympia Building:
Southern-Highlands (1,400, 2009)
Private
Garry Goett
Trump Entertainment
and
Ruffin Co.
Building:
Trump Int'l (1,286, 2007, 1,200 more rooms in 2009, 50% with Ruffin)
Private
Donald Trump
Phil Ruffin
Falcon Group Building:
Pinnacle (1,104 condo-hotel rooms, 2009)

Private

3700 Marathon Global Hyatt Building:
Grand Hyatt (1,000 hotel rooms plus 1,700 condo-hotel units, 2008)
Private
Dubai World Ownership:
50% of MGM Mirage's CityCenter:
Unnamed (4,000, 2009)
(50% with MGM Mirage)
Harmon (400, 2009)
(50% with MGM Mirage)
Mandarin Oriental (400, 2009)
(50% with MGM Mirage)
Vdara (1,543 condo-hotel, 2009)
(50% with MGM Mirage)
Government of Dubai

Sultan Ahmed Bin Sulayem
REI Group Proposed:
Project Pulse, an 85-acre sports project with 6,000 hotel rooms in south downtown Las Vegas.
Private
Jon Weaver
Wet Holdings Proposed:
Las Vegas WET / Snow Dome Las Vegas: A 200-acre resort with 10,000 rooms in six hotels. On the far south Strip.
Private
Steve Dooner
Elad IDB Proposed:
The Las Vegas Plaza: Modeled on New York's Plaza hotel, with 4,100 hotel rooms and 2,600 condos, opening in 2011, on the site of the New Frontier.
Private
Yitzhak Tshuva
Cogent Building:
386-room Crowne Plaza in Chinatown. Brand licensed from IHG.
Proposed:
Dragon City Hotel and Resorts, a 2,200-room in Chinatown.
Private
Andrew Lai
Ray Shapiro Minority owner of The M Resort. Proposed:
R Resort: A 1,500-room hotel and 720-unit condo tower, on the far south Strip at St. Rose Pkwy.
Private
Ray Shapiro
Sahara Investments Proposed:
Allure Hotel (may get a different name):
1,300-room, 72-story hotel in the Allure Las Vegas condo complex, north of Sahara Ave.
Private
Steve Fifield
Royal Palm Las Vegas LLC Proposed:
Paramount Vegas: 750 hotel rooms and 800 condos, on the south Strip by the Welcome To Las Vegas sign, on the site of the old Klondike Inn.
Private
Dan Wade
The Peebles Corp Proposed:
Las Palmas Hotel and Residences (800 hotel rooms, 1,000 condos, opening 2009)
Private
Don Peebles
MRDC-RUP Proposed:
700 rooms at the redeveloped Moulin Rouge in downtown.
Private
Dale Scott
GIH-SPE II Proposed:
Replacing the Greek Isles (209 rooms, 1970) with a 780-room resort.
Private
Greg Borgel?
FXRE Discussed:
The Elvis Las Vegas on 17 acres of the Strip, where the Harley Davidson Cafe is.
Nasdaq: FXRE

Bob Sillerman
Africa Israel group Discussed:
Crowne Plaza? Holiday Inn? May build several hotels on 60 acres by the Hard Rock.
Private
Lev Leviev
Kerzner Discussed:
Atlantis Las Vegas? A project on 40 acres of the Strip by Sahara Ave, 25% with MGM Mirage (50%) and Istithmar (25%).
NYSE: KZL

Sol Kerzner
Triple Five Minority owner of the Riviera.

Acquiring:
18 acres of the North Strip, immediately south of the Riviera, for a project with eight towers.
Private
Ghermezian family

A Photo Tour of Las Vegas

While working on my book A Photo Tour of Las Vegas, I wanted a list of the corporations that own the major hotels of Sin City. I couldn't find a good one so, after far too much time trolling the Internet, I made this. I hope it's helpful!



Copyright © 2005–2011 Andrew Hudson for Photo Tour Books, Inc. Written for A Photo Tour of Las Vegas. You may reproduce this article for personal, educational, non-commercial and non-Internet use, such as in a hobbyist newsletter or school project. No Internet publishing is permitted. For commercial use, please email Andrew Hudson for permission.