Las Vegas - Marriott buying Aladdin?

"Marriott Looking To Bid On Aladdin Casino In Las Vegas"

http://www.kvbc.com/Global/story.asp?S=1303425&nav=15MVG9Am



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Have a nice day flying United!
ChgoBob

I guess the starwood/planet hollywood thing fell through.

Marriott bid is in competition w/ *Wood one. *Wood bid has not be rejected.

hockeystl

Any new info on the sale/purchase?

This ran July 5th in the Las Vegas Review Journal. It's a graphic detailing Planet Hollywood's proposal for the Aladdin.

http://www.reviewjournal.com/lvrj_home/2003/Jul-05-Sat-2003/photos/business.jpg



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Coming soon to an airport near you (http://bellsouthpwp.net/d/i/diandra/80X80.jpg)

Planet Hollywood's bid has been approved. They're just waiting for the NGC (Nevada Gaming Commission) or whatever to approve the casino license for the new owners.

I saw this posted on the Marriott thread in Miles, so I'm cross posting here:

"Marriott will sell remaining Polo Towers and then develop Chateau.
Property will be folded into MVCI


http://www.reviewjournal.com/lvrj_home/2003/Jul-01-Tue-2003/business/21639817.html


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Have a nice day flying United!
ChgoBob

So is this going to be a Starwood or a Marriott managed hotel? The article seems to indicate *wood, though from the posts here, it is not clear.

This is from march but I assume its still accurate. http://www.reviewjournal.com/lvrj_home/2003/Mar-21-Fri-2003/business/20937023.html

"Aladdin bankers are close to choosing a bid by Planet Hollywood and Starwood Hotels and Resorts Worldwide to buy the bankrupt billion-dollar resort, informed sources said. "

This says it will be Planet Hollywood by Sheraton.

Las Vegas Advisor writes in the August issue that the deal has been done with Sheraton. They'l invest 90M$ over the next year in renovations.

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ralfkrippner:
Las Vegas Advisor writes in the August issue that the deal has been done with Sheraton. They'l invest 90M$ over the next year in renovations.</font>

Geez, I hope $90M is enough. The Alladin is just awful. The Desert Passage mall is really nice, but I wouldn't even slap the Four Points name on the Alladin itself....

I really like the Aladdin. The London Club casino is nice, the rooms are comfortable (with great bathrooms), and the restaurants are above average.