STAMFORD, CT – Starwood Hotels & Resorts Worldwide, Inc today announced its single largest addition of hotel rooms in North America since pre-recession with the signing of SLS Las Vegas on the world-famous Las Vegas Strip and Sahara Boulevard. Owned by Las Vegas Resort Holdings, LLC, the three distinct hotel towers, encompassing more than 1,600 guestrooms and suites, will be branded by the end of this year under Starwoodโs recently launched Tribute Portfolio, while the 289-room โLUX Towerโ will be converted to a W Hotel upon completion of a renovation in 2016.
โSLS Las Vegas, with some 1600 rooms, is a milestone addition to Starwood, growing our total footprint worldwide by nearly half a percent with a single signing,โ said Adam Aron, Chief Executive Officer of Starwood Hotels & Resorts on an interim basis. โThis is a perfect example of what Tribute Portfolio was designed to doโbring the power of Starwood to great independent hotels, while giving our Starwood Preferred Guestยฎ members and global guests more access to sought after destinations around the world. It also allows us to debut our iconic W brand on the world famous Las Vegas Strip, an incomparable stage for the dynamic energy and vibrant scene of W Hotels.โ
W Las Vegas, truly a โhotel within a hotel,โ will be managed by Starwood, while the remainder of the property, including the additional hotel towers, casino, food and beverage outlets, and nightlife venues, will continue to be managed under the direction of Scott Kreeger, the hotelโs President and Chief Operating Officer.
โWe have long wanted to increase our Starwood presence in Las Vegas, a much desired destination for our SPGยฎ members, who occupy 50% of our guestrooms on any given night,โ said Allison Reid, SVP, North America Development, Starwood Hotels & Resorts.
SLS Las Vegas will join Starwoodโs four existing hotels in the market, which include The Westin Las Vegas Hotel, Casino & Spa, The Westin Lake Las Vegas Resort & Spa, Four Points by Sheraton Las Vegas East Flamingo, and Element Las Vegas Summerlin.
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- Owned by Las Vegas Resort Holdings, LLC, the three distinct hotel towers, encompassing more than 1,600 guestrooms and suites, will be branded by the end of this year under Starwood's recently launched Tribute Portfolio, while the 289-room โLUX Towerโ will be converted to a W Hotel upon completion of a renovation in 2016.
- W Las Vegas, truly a โhotel within a hotel,โ will be managed by Starwood, while the remainder of the property, including the additional hotel towers, casino, food and beverage outlets, and nightlife venues, will continue to be managed under the direction of Scott Kreeger, the hotel's President and Chief Operating Officer.
- It also allows us to debut our iconic W brand on the world famous Las Vegas Strip, an incomparable stage for the dynamic energy and vibrant scene of W Hotels.