Hooters Las Vegas Casino Sale To NTH Advisory Group For $95 Million
Hooters Las Vegas Casino has signed a letter of intent to be purchased by NTH Advisory Group LLC, an investment group, for $95 million in cash and payment of some royalties. Hooters Casino Las Vegas, Nevada real estate has only been open for one year. NTH real estate investors would be responsible for any related costs of the sellers’ $130 million of 8 3/4% Senior Secured Notes due 2012.
NTH has a deposit of $1.1 million in a real estate escrow account by Feb. 12, 2007. The deal could be canceled for any reason during the inspection period.
155 East Tropicana LLC, is the owner of Hooters. This is a partnership of Florida Hooters LLC and EW Common LLC. The CEO of 155 East Tropicana LLC, Neil Kiefer, says the buyout offer was unsolicited and will provide an attractive return to the company’s owners.
The hotel in Las Vegas, Nevada real estate has been unable to maintain an average hotel occupancy of 95% for Las Vegas hotels. The Las Vegas hotel was formerly known as Hotel San Remo Casino. Hooters Las Vegas is located a half a block from Vegas Boulevard.
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Hooters Girls Las Vegas Winner of 10th Annual Hooters Swimsuit Pageant 2006 is Michelle Nunes. Hooters Girl Michelle, representing the Hooters Hotel and Casino, was selected first place over 120 Hooters Girls from around the world to represent Hooters for the next year, as Miss Hooters International 2006. Among the many prizes and opportunities that accompany the crown, this Hooters Girl from Las Vegas will take home the first place prize of $50,000 cash as well as be featured in Hooters Magazine, national marketing campaigns and TV commercials.
Hooters Girls competition for the 10th Annual Hooters International Swimsuit Pageant at the Las Vegas Aladdin Casino July 25. Local swimsuit contests from around the world come to Las Vegas to compete at the Hooters International Swimsuit Pageant. Over 120 Hooters Girls from Taiwan to New York are heading to Las Vegas to compete for $150,000 in cash and prizes at the 10th Annual Hooters International Swimsuit Pageant.
Las Vegas hotel swimming pool party at Hooters from now until October, there will be a weekly “Backyard Bash” for all. And there’s no cover, either! Come check out this weekend long event, filled with great food, great drinks, great pool, great bars, and the red hot Las Vegas Hooters Girls.
