Nongaming hotel planned west of Vegas Strip on site sold at discount from boom years

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By ELI SEGALL LAS VEGAS REVIEW-JOURNAL With plans for private butlers, poolside villas and a nightclub called The Whale Club, condo tower Vegas 888 promised the flash and opulence of a high-roller lifestyle. But like countless other plans from the bubble era, the project flopped – and now, the vacant…


Del Taco to Expand Arizona Presence with 14 New Locations

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LAKE FOREST, CA–(Marketwired – Nov 10, 2016) – Hot off the heels of yet another successful quarter in which the brand reported a 6.7% increase in systemwide same store sales, despite an overall industry downturn, Del Taco Restaurants, Inc. ( NASDAQ : TACO ), announces its most recent development deals….


New Sheraton Hotel Planned in Panama City

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Sheraton Hotels & Resorts, part of Marriott International, Inc. (NASDAQ:MAR), today announced the addition of the Sheraton Bay Point Resort, located along Florida’s idyllic Emerald Coast in Panama City Beach. Managed by Crescent Hotels & Resorts, Sheraton Bay Point Resort recently finished a $30 million top-to-bottom renovation and is poised…


Sheraton Hotels & Resorts Expands Presence in United States with New Resort in Panama City, Florida

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Sheraton Bay Point Resort Slated to Open in Mid-2016 Following Multi-Million Dollar Renovation STAMFORD, Conn.–(BUSINESS WIRE)– Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (HOT), today announced the expansion of its North America portfolio with the strategic conversion of a resort in Panama City Beach, Florida. Sheraton Bay…


New hotel set to be built next to Vegas Motor Speedway

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LAS VEGAS (FOX5) – Construction is set to start this summer on a new hotel that will be situated next to the Las Vegas Motor Speedway. The 125-room hotel will be branded by Starwood Hotels, which is also involved in the soon-to-be rechristening of a tower into the W Hotels at…


Starwood-branded hotel planned near Las Vegas Motor Speedway

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A local investment firm plans to build a Starwood Hotels-branded property near the Las Vegas Motor Speedway. CAI Investments said Wednesday that it inked a deal to develop the $18 million, 125-room hotel on Speedway Boulevard just south of Interstate 15. Construction is scheduled to start in July and last…


Power Broker Confidential: SSRI and Durango I-95, LLC are making a difference in Las Vegas

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Durango I-95 LLC, a Los Angeles development company, recently purchased Caroline’s Court, a commercial center at the corner of North Durango Drive and North El Capitan Way, for $14.5 million. Durango I-95 LLC believes the revitalization of the commercial center, which has sat unfinished since the Great Recession, will be…


SSRI Making a difference in Las Vegas Economic Recovery

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  Durango I-95 LLC, a Los Angeles development company, recently purchased Caroline’s Court, a commercial center at the corner of North Durango Drive and North El Capitan Way, for $14.5 million. Durango I-95 LLC believes the revitalization of the commercial center, which has sat unfinished since the Great Recession, will…


Durango I-95 LLC’s acquisition of Caroline’s Court reflects northwest Las Vegas’ recovery

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Durango I-95 LLC, a Los Angeles development company, recently purchased Caroline’s Court, a commercial center at the corner of North Durango Drive and North El Capitan Way, for $14.5 million. Durango I-95 LLC believes the revitalization of the commercial center, which has sat unfinished since the Great Recession, will be…


Big changes coming for Bay Point

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PANAMA CITY BEACH — After changing hands last year, Bay Point Resort in Panama City Beach is undergoing a major facelift. The resort is now receiving a “top to bottom” makeover of its 200 room hotel, spa and conference center. While the main hotel rooms are now closed for renovation,…


KemperSports to Manage Bay Point Resort

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The Panama City, Fla., resort is currently undergoing an extensive renovation project covering its 200-room hotel, spa, and conference area. KemperSports has been selected to manage golf and clubhouse operations at Bay Point Resort in Panama City, Fla. Bay Point Resort is currently undergoing an extensive renovation project that includes…


KemperSports Coming In To Manage Bay Point Golf

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Panama City Beach, FL—A rather significant change is coming for one of this area’s well known golf resorts. KemperSports, one of the nation’s premier golf management companies, announcing Tuesday it is taking over management of the golf and clubhouse operations at Bay Point Resort in Panama City Beach. That’s home…