L

Andrew Lai

Operating through Cogent Investment LLC, in February 2008, announced an Asian-themed 386-room Crowne Plaza hotel, to open in 2010 at Spring Mountain Road and Valley View Blvd. The Crowne Plaza brand is licensed from IHG.

Andrew Lai is a local investor and developer. His company is Cogent Investment LLC. Owns other land in Chinatown with local broker and investor, Susan Krygiell.

Has also discussed a 3,400-room hotel in two building, in "Las Vegas Chinatown" at Spring Mountain Road and Wynn Road.

Landry's Restaurants, Inc.

Hotels: 1; Rooms: 2,307

Led by CEO Tilman Fertilla

NYSE: LNY | landrysrestaurants.com | Hoovers profile

Recently purchased the Golden Nugget (opened in 1946, now with 1,907 rooms + 400 being added) in downtown Las Vegas from Poster Financial Group (Timothy Poster and Thomas Breitling). Landry's is a Houston-based firm that owns and operates over 300 restaurants including Chart House, Landry's Seafood House, Joe's Crab Shack, and Willie G's Seafood & Steakhouse.

Landry's Hotels in Las Vegas
Hotel	Opened	Rooms
Golden Nugget	1946	2,307
Total		2,307

LaPour Partners

Hotels: 1; Rooms: 125

Led by Jeff LaPour

Building "Element" (125 rooms, opening 2008), an extended-stay hotel in Summerlin, close to the Nevada Cancer Institute. Element is a brand of Westin, part of Starwood Resorts. Jeff LaPour was regional manager for Jackson-Shaw Co. from 1997 to 2001.

LaPour Hotels in Las Vegas
Hotel	Opened	Rooms
Element	2008	125
Total		125

Larco Hospitality Management

Subsidiary of Larco Investments which operates the food and beverages at JW Marriott.

Larco Investments

Based in Vancouver, Canada. Owns and operates JW Marriott Las Vegas Resort, Spa & Golf through subsidiary Hotspur Resorts and Larco Hospitality Management. The JW Marriott was originally developed as The Resort at Summerlin by Swiss Casinos of America, but after a change of name to the Regent, went bankrupt. Bought the bankrupt Regent Las Vegas in 2001. The adjacent Rampart Casino is owned by Millennium Management Group.

Larco Hotels in Las Vegas
Hotel	Opened	Rooms
JW Marriott LV Resort	2001	459
Total		459

Las Vegas North Strip LLC

Briefly owned the 5.43-acre site of the former La Concha Motel. Acquired from Lorenzo Doumani's Majestic Resorts for $180 million the cancelled Majestic/Conrad/Waldorf project and sold to Triple Five Nevada Development Corp.

Las Vegas Sands Corporation

Hotels: 3, in one complex; Rooms: 7,052

Chairman: Sheldon Adelson
President and Chief Operating Officer: William P. Weidner
NYSE: LVS | lasvegassands.com | Hoovers profile

Sheldon Adelson sold the Comdex trade show in 1995 to build the Venetian Casino Resort which includes the main tower (1999, 3,014 rooms), Venezia (2003, 1,013), and Palazzo (3,025 rooms, opened Jan 2008). Sheldon owns about 64% of Las Vegas Sands. The company is named for the "Sands" hotel, famed for its connection with Frank Sinatra's Rat Pack, which was on the site of today's Venetian.

The Venetian's Grand Canal Shoppes are operated by Forest City Commercial Management.

One condo tower is currently under construction. Another hotel tower and another condo tower are proposed.

Las Vegas Sands Hotels in Las Vegas
Hotel	Opened	Rooms
The Venentian	1999	3,014
Venezia	2003	1,013
Palazzo	2007	3,025
Total		7,052

Macau
Macau, near Hong Kong, is a Special Administrative Region of People's Republic of China. Las Vegas Sands Corp is developing a large section of The Cotai Strip, a landfill project between two islands. Las Vegas Sands has seven sites:

• Venetian Macau (3,000 suites, opened 2007)
• Four Seasons Macau (400 rooms)
• Far East Consortium Project (Dorsett? perhaps three hotels, 2,000 rooms expanding to 3,000)
• City of Dreams (Melco and PBL) 2,000 rooms in three hotels
• Shangri-La and Traders
• Sheraton and St. Regis (4,460 rooms, opening 2009) Starwood
• Hilton and Conrad
• Fairmont and Raffles

Las Vegas Wet, LLC

See Wet Holdingings, Inc.

The Light Group

Will manage MGM Mirage's Harmon Hotel and Residences. Started the Light nightclub at the Bellagio and Jet at the Mirage. Managing partner is Andy Masi.

The Lightstone Group

Private | lightstonegroup.com

In 2007, bought HVM LLC (Extended Stay Hotels) from Blackstone. Founded in 1988 by David Lichtenstein, Lightstone is one of the country's largest private real estate investors. Based in New Jersey.

Lightstone Hotels in Las Vegas
Hotel	Opened	Rooms
Extended StayAmerica Las Vegas - Boulder Hwy		123
Extended Stay Deluxe - East Flamingo		125
Extended StayAmerica Las Vegas - Valley View		177
Homestead Studio Suites Las Vegas - Midtown		123
Total		548

Marvin Lipschultz

Owns the Golden Palm Hotel. The 150-room hotel -- on Tropicana Avenue just west of I-15 -- closed on March 12 2007. Currently offering the hotel for sale for around $46 million. This was the site of a Charlie Palmer hotel but that deal fell through.

Loews Corporation

Hotels: 1; Rooms: 493

NYSE: LTR | loews.com | Hoover's profile

Loews Corporation is a diversified holding company based in New York City. The company has interests in insurance companies (CNA Financial), tobacco (Carolina Group), watches (Bulova), oil drilling (Diamond Offshore Drilling), natural gas pipelines (Boardwalk Pipelines). In 2006, Loews' subsidiary, Loews Hotels Holding Corporation (loewshotels.com, Hoover's profile) bought 25% of The Hyatt Regency Lake Las Vegas (1999, 493 rooms) and renamed it Loews Lake Las Vegas. The other 75% was bought by a private investor. The previous owner was Transcontinental Corp.

Loews Hotels in Las Vegas
Hotel	Opened	Rooms
Loews Lake Las Vegas	1999	493
Total		493

LVT1, LLC

March 2008: Crown Las Vegas is probably no more. A lack of equity funding forced the project to be cancelled and the land (owned by Archon) is being sold off.

Crown Las Vegas was originally proposed as the tallest building in the Western Hemishphere -- an enormous 1,888-foot-high tower. But the height was prohibited by the FAA (Federal Aviation Administration). Reduced to 1,064 feet, the project was to include a 300-room hotel, 4,700-condo units and open in 2010. The project was under the name of Sahara Las Vegas Corp.

The project was announced in 2006, when LVT1 agreed to buy the 26-acre site of the former Wet n Wild waterpark (1985-2004). LVT1 agreed to pay $450m to the current owner, Archon Corp. However, the structured land purchase was not fully completed and Archon may still own the land.

LVT1, based in Delaware, was a consortium of:

• IDM Properties. Privately held by Chris (Christopher) Milam and based in Austin, Texas (IDM = International Development Management).
• Crown LTD (37.5% ownership) Australia's largest casino operator, controlled by Australia's richest tycoon, James Packer.
• York Capital Management, a New York investment fund.