Clarion Hotel and Casino , formerly known as Debbie Reynolds' Hollywood Hotel and Greek Isles Hotel & amp; Casino , located near the Las Vegas Strip in Paradise, Nevada. The hotel was originally opened in 1970 as Royal Inn, and was also operated under the name of the Royal Americana Hotel and The Paddlewheel Hotel Casino before being purchased by Debbie Reynolds in 1992. After Reynolds sold property in 1999, it is owned briefly by the World Wrestling Federation, and later sold and renovated as the Greek Islands.
It is a 202-room hotel and casino of 7,000 cubic feet on an area of ​​6 hectares (2.4 ha).
The hotel closed on 2 September 2014, after Labor Day weekend.
Clarion Hotel and Casino was destroyed by an explosion before 3 am on 10 February 2015.
Video Clarion Hotel and Casino
Histori
Royal Inn (1970-80)
Royal Inns of America opened the hotel for $ 3 million, 200 rooms in 1970. In 1972, Michael Gaughan and Frank Toti bought the casino property operations.
In 1979, fast food operators (and used otomat networks) Horn & amp; Hardart agreed to buy the Royal Inn for $ 7.4 million.
By the end of 1980, the sale had been completed, and the property was renamed Royal Americana Hotel, with a New York theme. Renovation of a $ 3.5 million increase the number of rooms to 300. Up to 1982, this hotel suffered heavy losses, and Horn & amp; Hardart decided to close it. They reportedly agreed that December to sell the property to an investment group of $ 15.4 million.
The Paddlewheel Hotel & Casino (1983-93)
The property then reopened as Paddlewheel Hotel & amp; Casino. It has a child-friendly atmosphere, with arcade games and amusement rides, but then shifts to mature focus, including male revue. Horn & amp; Hardart put the hotel back for sale in 1990.
It was not sold until 1992, when the actress Debbie Reynolds and her husband Richard Hamlett buy Paddlewheel closed at auction for $ 2.2 million. Reynolds plans to spend $ 15 million on renovations, including adding a museum to store his collection of Hollywood memorabilia, and a 500-seat theater where he will perform.
Debbie Reynolds Hollywood Hotel (1993-99)
The property reopened in 1993, with casinos operated by Jackpot Enterprises, but Reynolds struggled with financing to complete the project. He took a public company in 1994 to raise money, and the museum finally opened the following year. The casino closed in 1996 after Jackpot was pulled out because it was unprofitable, and Reynolds was unable to obtain a game license to operate it at home due to poor corporate finance. After the deal to sell the property to the timeshare developer ILX Inc. for $ 16.8 million failed, Reynolds and the hotel both filed for bankruptcy protection in 1997, and the property was auctioned off the following year.
The winning bidder for $ 10.65 million is the World Wrestling Federation, which plans to build a level and build a 35-story hotel and casino-themed casino. They took off most of the interior in preparation for the demolition, but ultimately decided that the site was not big enough. The hotel was opened for a short time (including October 2000) as the "Convention Center Drive Hotel." They sold it to Chicago-based Mark IV Realty Group in 2000 for $ 11.2 million.
Greece Isles Hotel & amp; Casino (2001-09)
Mark IV hopes to rebuild the site with 1,000 rooms, but instead renovate the property with a Greek theme and reopen it as the Greek Islands in 2001. The Greek islands are contracted with Delta Air Lines to accommodate flight crews during a stopover.
In July 2007, the hotel was sold to real estate developer (DI Development Group) for $ 48.8 million; developers announced in January 2008 that he pursued financing to redevelop the site, replaced it with mixed-use development, proposed to include 780 hotel rooms, 77,000 square feet (7,200m 2 ) Casinos and 71,200 sqÃ, ft (6,610 m 2 ) from convention, retail and restaurant rooms. Developers never come, and hotels are trying to expand operations.
Clarion Hotels and Casino (2009 - September 2014)
The hotel was forced into bankruptcy on April 6, 2009 by its creditors. Canpartners Reality (owned by Canyon Capital Reality Partners and Spectrum Group Management) took over control on August 19, 2009, taking over the acquired ownership. Starting April 2013, this hotel is named Clarion Hotel, the only Clarion with a casino. The 300-seat theater built by Debbie Reynolds is used for the Sunday Gospel Brunch and evening shows.
The hotel closed on 2 September 2014, after Labor Day weekend. The contents and inventory are set up for sale.
In October 2014, developer Lorenzo Doumani bought the property for $ 22.5 Million.
Demolition
Clarion was destroyed by an explosion before 3 am on February 10, 2015. After the explosion, the elevator building axis did not fall as expected, remaining largely intact. It was pulled down about 13 hours later by a cable attached to a crane.
Maps Clarion Hotel and Casino
References
Source of the article : Wikipedia
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