Las Vegas Hilton Adjacent to Convention Center Bought by Westgate Resorts
Elvis and Liberace used to live there and its one of the few properties right next to the Las Vegas Convention Center, but now the hotel most recently known as the LVH – Las Vegas Hilton was bought by Florida-based Westgate Resorts.
The hotel will be renamed the Westgate Las Vegas Resort & Casino.
"Westgate Las Vegas Resort & Casino will set the standard for service in Las Vegas,” said David Siegel, founder and CEO of Florida-based Westgate Resorts.
He added, "We are very excited to be taking this important part of Vegas history and reinventing it for the next generation of Las Vegas visitors."
The newly named hotel has 3,000 rooms, including 300 suites. Westgate, known for its timeshare properties, will convert some of the rooms to luxury timeshare villas, while still operating the resort hotel rooms and suites.
“Although a selection of our rooms will be converted into timeshare villas, it is important to know that our resort hotel and legendary luxury suites will remain open to Las Vegas visitors and tourists, for vacations and conventions," Siege said. "We will be providing the best of both worlds on our resort property.”
Westgate Las Vegas Resort & Casino also features a 95,000 square foot casino, as well as 200,000 square feet of meeting and convention space.
Financing is being provided by Western Alliance Resort Finance, a division of Western Alliance Bank.
"We are delighted to have the opportunity to begin this relationship with Westgate as one of the premier developers in the industry and to provide the financing for this exciting project," said Robert Sarver, Western Alliance president and CEO.
Casino management company Navegante Group will continue to operate the property.