Clarion Hotel and Casino

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Clarion Hotel and Casino
Logo of Clarion Hotel and Casino.png
Greek Isles Hotel.JPG
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Location Paradise, Nevada  89109
Address 305 Convention Center Drive
Opening date1970
Closing dateSeptember 2, 2014;8 years ago (September 2, 2014)
No. of rooms202 [1]
Total gaming space7,000 sq ft (650 m2)
Permanent showsWhat Happens in Vegas…
A Victorious Gospel Brunch
Casino typeLand
Owner Choice Hotels
Operating license holder United Coin [1]
Previous namesRoyal Inn (1970–80)
Royal Americana Hotel (1980–82)
The Paddlewheel Hotel Casino (1983–93)
Debbie Reynolds' Hollywood Hotel (1993–99)
Greek Isles Hotel & Casino (2001–09)
Clarion Hotel and Casino (2009 – September 2014)
Renovated in2001
Website www.clarionhotelvegas.com

Clarion Hotel and Casino, formerly known as Debbie Reynolds' Hollywood Hotel and Greek Isles Hotel & Casino, was near the Las Vegas Strip in Paradise, Nevada. The hotel originally opened in 1970 as a Royal Inn, and also operated under the names Royal Americana Hotel and The Paddlewheel Hotel Casino before being purchased by Debbie Reynolds in 1992. After Reynolds sold the property in 1999, it was briefly owned by the World Wrestling Federation, and was then sold and remodeled as the Greek Isles.

Contents

It was a 202-room hotel and a 7,000 sq ft (650 m2) casino on 6 acres (2.4 ha) of land.

The hotel closed on September 2, 2014, after Labor Day weekend.

The Clarion Hotel and Casino was demolished by implosion shortly before 3 a.m. on February 10, 2015. [2]

History

Royal Inn (1970–80)

Royal Inns of America opened its $3 million, 200-room hotel in 1970. [3] In 1972, Michael Gaughan and Frank Toti bought out the property's casino operations. [4]

In 1979, fast food operator (and former automat chain) Horn & Hardart agreed to buy the Royal Inn for $7.4 million. [5]

Royal Americana Hotel (1980–82)

By late 1980, the sale had been completed, and the property was rebranded as the Royal Americana Hotel, with a New York theme. [6] A $3.5 million renovation [7] increased the room count to 300. [8] By 1982 though, the hotel was experiencing substantial losses, and Horn & Hardart decided to close it. [7] They reportedly agreed that December to sell the property to an investment group for $15.4 million. [9]

The Paddlewheel Hotel Casino (1983–93)

The property later reopened as the Paddlewheel Hotel & Casino. It had a kid-friendly atmosphere, with arcade games and amusement rides, but later shifted to an adult focus, including a male revue. [10] Horn & Hardart put the hotel back up for sale in 1990. [11]

It did not sell until 1992, when actress Debbie Reynolds and her husband Richard Hamlett bought the closed Paddlewheel at auction for $2.2 million. [12] Reynolds planned to spend $15 million on renovations, including adding a museum to house her collection of Hollywood memorabilia, and a 500-seat theater where she would perform. [13]

Debbie Reynolds' Hollywood Hotel (1993–99)

The property reopened in 1993, with the casino operated by Jackpot Enterprises, [12] but Reynolds struggled with the financing to complete the project. She took the company public in 1994 to raise money, and the museum finally opened the following year. [14] The casino closed in 1996 after Jackpot pulled out because it was unprofitable, and Reynolds could not get a gaming license to operate it in-house because of the company's poor finances. [15] After a deal to sell the property to timeshare developer ILX Inc. for $16.8 million fell through, [16] Reynolds and the hotel both filed for bankruptcy protection in 1997, and the property was put up for auction the following year. [17]

The winning bidder at $10.65 million was the World Wrestling Federation, [18] which planned to level the building and construct a 35-story wrestling-themed hotel and casino. [19] They stripped much of the interior in preparation for demolition, [20] but ultimately decided the site was not big enough. [16] The hotel was open for a short time (including October 2000) as "Convention Center Drive Hotel." They sold it to Chicago-based Mark IV Realty Group in 2000 for $11.2 million. [21]

Greek Isles Hotel & Casino (2001–09)

Mark IV hoped to redevelop the site with 1,000 rooms, [21] but instead remodeled the property with a Greek theme and reopened it as the Greek Isles in 2001. [16] The Greek Isles contracted with Delta Air Lines to house flight crews during layovers. [22]

In July 2007, the hotel was sold to a real-estate developer (DI Development Group) for $48.8 million; the developer announced in January 2008 that he was pursuing financing to redevelop the site, replacing it with a mixed-use development, proposed to include 780 hotel rooms, a 77,000-square-foot (7,200 m2) casino and 71,200 sq ft (6,610 m2) of convention, retail, and restaurant space. The developer never came through, and the hotel tried expanding operations.

Clarion Hotel 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 possession of the foreclosed property. [1] As of April 2013, the hotel was branded a Clarion Hotel, the only Clarion with a casino. The 300-seat theater built by Debbie Reynolds was used for a Sunday Gospel Brunch and a nightly show.

The hotel closed on September 2, 2014, after the Labor Day weekend. Its contents and inventory were put up for sale. [23]

In October 2014, developer Lorenzo Doumani purchased the property for $22.5 Million. [24]

Demolition

The Clarion was demolished by implosion shortly before 3 a.m. on February 10, 2015. [2] Lorenzo Douman's plan is to build a 720 suite five star non-gaming hotel with six restaurants, 270,000 square feet of Corporate Sky Suites, and an all encompassing medical wellness spa and fitness facility on the site to begin construction in September 2020. [25]

See also

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References

  1. 1 2 3 Knightly, Arnold M. (2009-08-20). "Greek Isles changes hands" . Retrieved 21 August 2009.
  2. 1 2 "Elevator shaft still standing after implosion of Clarion hotel-casino". 13 Action News. February 10, 2015. Archived from the original on February 10, 2015. Retrieved February 10, 2015.
  3. ↑ "Royal Inn open in Las Vegas". Los Angeles Times. May 3, 1970. ProQuest   156464328.(subscription required)
  4. ↑ Knightly, Arnold (August 20, 2009). "Greek Isles changes hands". Las Vegas Review-Journal. Retrieved 2012-05-16.
  5. ↑ "Horn & Hardart to buy Royal Inn in Las Vegas for about $7.4 million". Wall Street Journal. June 20, 1979. ProQuest   134453315.(subscription required)
  6. ↑ "Hotel's name change nearly complete (Advertising supplement)". Los Angeles Times. October 12, 1980. ProQuest   162939339.(subscription required)
  7. 1 2 "Horn & Hardart to close hotel". New York Times. March 2, 1982. Retrieved 2012-05-16.
  8. ↑ "Royal Americana Hotel and Casino renovated (Advertising supplement)". Los Angeles Times. March 1, 1981. ProQuest   152714896.(subscription required)
  9. ↑ "Las Vegas also feeling sting of recession". Lawrence Journal-World. New York Times News Service. December 16, 1982. Retrieved 2012-05-16.
  10. ↑ "Paddlewheel Hotel & Casino has new image as adult playground (Advertising supplement)". Los Angeles Times. February 14, 1988. ProQuest   901626407.(subscription required)
  11. ↑ "Horn & Hardart restaurant sale set". New York Times. AP. December 22, 1990. Retrieved 2012-05-16.
  12. 1 2 "Debbie Reynolds goes forward with Vegas hotel". Lodi News-Sentinel. AP. June 10, 1993. Retrieved 2012-05-16.
  13. ↑ "Debbie Reynolds planning movie museum in Vegas". Los Angeles Times. AP. May 2, 1993. Retrieved 2012-05-16.
  14. ↑ Schenden, Laurie (April 1, 1995). "Reynolds' unsinkable museum". Los Angeles Times. Retrieved 2012-05-16.
  15. ↑ Berns, Dave (July 8, 1997). "Reynolds files for bankruptcy". Las Vegas Review-Journal. Retrieved 2012-05-16.
  16. 1 2 3 Leong, Grace (November 5, 2001). "Debbie Reynolds' son sues IRS in casino tax dispute". Las Vegas Sun. Retrieved 2012-05-17.
  17. ↑ "Debbie Reynolds reflects as her hotel goes on the auction block". Lodi News-Sentinel. AP. August 4, 1998. Retrieved 2012-05-16.
  18. ↑ "Judge raises bid for Reynolds hotel". Associated Press. August 6, 1998. Retrieved 2012-05-16.
  19. ↑ "Wrestlers bring down hotel". Orlando Sentinel. via HighBeam. Knight Ridder/Tribune Business News. February 8, 1999. Archived from the original on March 29, 2015. Retrieved 2012-05-16.(subscription required)
  20. ↑ Weatherford, Mike (January 29, 2002). "Reynolds' former casino now has shows lined up". Las Vegas Review-Journal. Retrieved 2012-05-17.
  21. 1 2 Stutz, Howard (February 22, 2005). "Greek Isles sold for $52 million". Las Vegas Review-Journal. Retrieved 2012-05-17.
  22. ↑ Green, Steve (April 7, 2009). "Creditors file bankruptcy petition against Greek Isles". Las Vegas Sun. Retrieved 2012-05-17.
  23. ↑ Katsilometes, John (September 11, 2014). "Need a few bath towels? Styrofoam stage props? A chandelier? Hit the Clarion". Las Vegas Sun. Retrieved February 13, 2015. The Clarion closed Sept. 2, shooing out its final guests ...
  24. ↑ Katsilometes, John (October 13, 2014). "Lorenzo Doumani takes over Clarion: 'We're blowing it up,' creating something 'very cool'". Las Vegas Sun. Retrieved February 13, 2015.
  25. ↑ "About Majestic Las Vegas".

Coordinates: 36°07′54″N115°09′33″W / 36.1318°N 115.1591°W / 36.1318; -115.1591

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