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Las Vegas hotel received honored national top AAA award for 32nd year in a row.  The downtown Golden Nugget hotel casino has been given the honor by the Automobile Association of America as one of 14 hotels within the entire US to receive the 2009 Four Diamond award for 32 years or longer.  It is interesting to see that a property on the Fremont Street Experience.

Continue reading Las Vegas Hotel Received Honored National Top AAA Award For 32nd Year

Plaza hotel in downtown Las Vegas is ready for a new look with facelift in the near future.  The hotel wants to renovate and leave in the past a look of thirty years ago.

The hotel casino doesn’t look much different then when Jackie Gaughan owned the property.  One great perk for guests, the room rates haven’t changed drastically either.

The Plaza is one of the largest hotels downtown and still offers a very affordable room rate.

The Plaza’s 1,037 rooms make it one of the biggest hotels downtown. It is also one of the cheapest.  The value conscious customers know to visit downtown Las Vegas, Nevada for a great deal.

The current hotel owners, Tamares Las Vegas Properties, just completed a lawsuit where they lost to continue using the Plaza name for their property.  The $6 billion Plaza hotel on the Las Vegas Strip, across from Wynn Las Vegas and Trump International Hotel, was granted the rights to the name.

Major changes include bathroom renovations and cosmetic differences in the hotel room.

Prototypes of new hotel rooms have been completed on the 15th floor.  Several choices of renovations from the Las Vegas resentative of Tamares, Jonathan Josses, have been completed for possible choices. Source: Review Journal

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Plaza hotel in downtown Las Vegas is ready for a new look with facelift.

Golden Nugget Downtown Las Vegas hotel adds a $121 million third tower.  Construction is progressing for the 25 story downtown tower with reinforcing pillars that will support the lower levels of the hotel casino.  The multi use space will include a pool deck, gaming, walk up retail and 524 additional luxury rooms.

Continue reading Golden Nugget Downtown Las Vegas Hotel Adds A $121 Million 3rd Tower

Gold Spike downtown Las Vegas NV casino sold for a cool $21 million just six months after Gregg Covin purchased the real estate. Covin made over $5 million in this commercial real estate transaction in recent Las Vegas casino news.

This real estate developer from Miami, Florida had visions of a hip and cool boutique hotel with upgraded restaurants for this downtown fixture.

John Tippins and Stephen Siegel purchased the Gold Spike hotel and casino. Seven months ago they also acquired the nearby Travel Inn for $5 million.

Continue reading Gold Spike Downtown Las Vegas NV Casino Sold For A Cool $21 Million

Gold Spike downtown Las Vegas hotel purchased by Miami real estate developer Gregg Covin.  He visited downtown last week for inspection of the Gold Spike hotel currently owned by Tamares Las Vegas Properties. He plans to remodel the property to a boutique hotel with rates from $125 to $150 per night.

There are many skeptics who don’t think Covin can convert the downtown casino. He notes that this is not any where near the worst piece of real estate that he’s seen in his 20 years of running his real estate family’s business.

Continue reading Gold Spike Downtown Las Vegas Hotel Bought For $15.6 Million By Covin