Sahara fans aren't able to visit the property anymore since it closed on May 16th, but now they will have a chance to take a piece of the action home with them.
On June 16th the Sahara is having an everything-must-go liquidation sale. Everything from room furnishings to casino games will have a price tag ready to leave the property for a new home.
The sale starts June 16th at 10am and will continue daily 10-7 Monday – Saturday & 12-5 Sunday until sold out. There is a $10 admission charge the first four days of the sale.
Seems like a great way to take home a bit of Las Vegas history.
For more information check out NCL Sales.
Thursday, June 02, 2011
Thursday, May 19, 2011
Sahara Website Farewell Message
With the Sahara closing on Monday after 58 years of operation, their website was sure to follow suit and recently shut down.
The message left up on the site says, "Thanks for a Wonderful Engagement" and directs prospective guests to Circus Circus.
A few weeks ago I speculated that Riviera would benefit by taking stranded Sahara guests. Even though Circus Circus turned out to be the "official" relocation destination, I still think a lot of the Sahara clientele will wind up at Riviera.
The message left up on the site says, "Thanks for a Wonderful Engagement" and directs prospective guests to Circus Circus.
A few weeks ago I speculated that Riviera would benefit by taking stranded Sahara guests. Even though Circus Circus turned out to be the "official" relocation destination, I still think a lot of the Sahara clientele will wind up at Riviera.
Tuesday, May 17, 2011
Revel Atlantic City Restarts Construction
The stalled Revel hotel project in Atlantic City is back on track. The project recently secured financing for the remaining $1.15 billion needed to complete the hotel.
When it opens in the spring of 2012 it will be the first new casino to open on the boardwalk in over 20 years. Locals are hoping the $2.4 billion resort will attract new business to Atlantic City.
It's nice to see a stalled project like this get back on track. Maybe this gives hope to Fontainebleau and Echelon someday restarting in Las Vegas? Maybe not.
To read more about Revel check out Press of Atlantic City.
When it opens in the spring of 2012 it will be the first new casino to open on the boardwalk in over 20 years. Locals are hoping the $2.4 billion resort will attract new business to Atlantic City.
It's nice to see a stalled project like this get back on track. Maybe this gives hope to Fontainebleau and Echelon someday restarting in Las Vegas? Maybe not.
To read more about Revel check out Press of Atlantic City.
Monday, May 16, 2011
Sahara Closed
The Sahara closed its doors today after nearly 59 years of operation.
After the final guests were escorted out of the property, owner Sam Nazarian taped a note to the front door that read:
BE BACK SOON!
THANK YOU FOR
59 YEARS....
SAM NAZARIAN
5/16/11
Will Nazarian be able to keep his promise and transform the Sahara into a new luxury hotel? Only time will tell.
The hotel was open from October 7, 1952 to May 16, 2011.
After the final guests were escorted out of the property, owner Sam Nazarian taped a note to the front door that read:
BE BACK SOON!
THANK YOU FOR
59 YEARS....
SAM NAZARIAN
5/16/11
Will Nazarian be able to keep his promise and transform the Sahara into a new luxury hotel? Only time will tell.
The hotel was open from October 7, 1952 to May 16, 2011.
Tuesday, May 10, 2011
Aria Improves Occupancy and ADR in 2011
In the first quarter of 2011, Aria scored all time high occupancy and room rates. Occupancy was 86% with an average rate of $201.
I've been keeping an eye on Aria's occupancy rate since it opened. They started off slow with a low 63% occupancy in the first quarter of 2010, but the numbers have been improving slowly throughout 2010 and now into 2011.
Aria probably will never be the cash cow that MGM was hoping for when the project was conceived, but breaking the $200 room rate mark is a step in the right direction.
Room rates were higher across the board at MGM properties in the first quarter, so we might be looking at the start of a real economic recovery in Las Vegas.
Aria Occupancy and Average Daily Rate:
1Q 2010 - 63% - $194
2Q 2010 - 80% - $178
3Q 2010 - 82% - $175
4Q 2010 - 80% - $190
1Q 2011 - 86% - $201
Source: MGM Investor Relations.
I've been keeping an eye on Aria's occupancy rate since it opened. They started off slow with a low 63% occupancy in the first quarter of 2010, but the numbers have been improving slowly throughout 2010 and now into 2011.
Aria probably will never be the cash cow that MGM was hoping for when the project was conceived, but breaking the $200 room rate mark is a step in the right direction.
Room rates were higher across the board at MGM properties in the first quarter, so we might be looking at the start of a real economic recovery in Las Vegas.
Aria Occupancy and Average Daily Rate:
1Q 2010 - 63% - $194
2Q 2010 - 80% - $178
3Q 2010 - 82% - $175
4Q 2010 - 80% - $190
1Q 2011 - 86% - $201
Source: MGM Investor Relations.
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