Who Owns Vegas

The Top Players

The largest hotel companies in Vegas
(corporations with more than 1,000 rooms)
ranked by total Las Vegas room count.

Last updated: May 6, 2008.

First published: October 2005.
By Andrew Hudson

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Company
and rank
by LV hotel
room count
Rooms
Owned and open
Hotels
with room count
Ownership
MGM Mirage

Rank: 1
38,763 Bellagio (3,933)
Circus Circus (3,774)
Excalibur (3,991)
Four Seasons (424)
Luxor (4,407),
Mandalay Bay (3,309)
The Mansion (29 villas)
MGM Grand (5,044)
The Mirage (3,044)
Monte Carlo (3,002)
New York-New York (2,035)
Signature at MGM Grand (1,728 condo-hotel units with 1,152 more proposed)
(50% with Turnberry)

Skylofts (51)
THEhotel (1,117)
Treasure Island (2,885)

Building:
CityCenter, with:
Unnamed (4,000, 2009)
(50% with Dubai World)

Harmon (400, 2009)
(50% with Dubai World)

Mandarin Oriental (400, 2009)
(50% with Dubai World)

Vdara (1,543 condo-hotel, 2009)
(50% with Dubai World)


Ownership:
M Resort (2,000 rooms, 2009) 50%

Proposing:
Signature: Two more towers (1,152 units) at Signature
The Place: A condo-hotel tower at Mandalay Bay (1,344 units)
Atlantis?: 40-acre unnamed resort opposite the Sahara (50% with Kerzner and Istithmar)
NYSE: MGM

Kirk Kerkorian (51% ownership)
Harrah's

Owned by Apollo and TPG through Hamlet Holdings

Rank: 2
17,753 Bally's (2,814)
Bill's Gamblin' Hall (198)
Caesars Palace (3,349)
Flamingo (3,626)
Harrah's (2,677)
Imperial Palace (2,640)
Paris (2,916)
Rio (2,548)

Building:
1,017 more rooms at Caesars
Private

Led by:
Philip Satre
Gary Loveman
Las Vegas Sands

Rank: 3
7,052 The Venentian (3,014)
Venezia (1,013)
Palazzo (3,025 2008)

Building:
A condo tower.

Proposed:
Another hotel tower (unnamed)
Another condo tower
NYSE: LVS

Sheldon Adelson
(64% ownership)
Colony Capital

Owns 75% of
Station Casinos
through Fertitta Colony
(other 25% by Fertitta Family)


Rank: 4
5,709 Boulder Station (300)
Fiesta Henderson (224)
Fiesta Rancho (100)
Green Valley Ranch (497, 50% with Greenspun Corp)
Las Vegas Hilton (2,956, Colony only 60% with WH/LVH)
Palace Station (1,028)
Red Rock Station (815)
Santa Fe Station (200)
Sunset Station (457)
Texas Station (200)
Wild Wild West (262)

Building:
Aliante Station
(202, 2008, 50% with Greenspun Corp)


Proposed:
Viva (5,200 rooms in three hotels on 110 acres)
Durango Station (400 rooms in 2010, 600 more later)
Up to eight other future projects.
Private

Tom Barrack
with Frank and Lorenzo Fertitta
Boyd Gaming

Rank: 5
5,347 California (781)
Fremont (447)
Gold Coast (750)
Main Street Station (406)
The Orleans (1,886)
Sam's Town (650)
Suncoast (427)

Building:
Echelon Place, with:
Delano (550, 2010, 50% with Morgans)
Echelon Hotel (2,300 2010)
Mondrian (860, 2010, 50% with Morgans)
Shangri-La (353, 2010)
Suites at Echelon (650, 2010)

Proposed:
Park Highlands (1,500 rooms, 2015?, 50% with Olympia Gaming)

NYSE: BYD

Bill Boyd
Goldman Sachs'
Whitehall Street
Real Estate Funds


Rank: 6
4,806 Arizona Charlies Boulder Hwy (303)
Arizona Charlies Decatur (258)
Las Vegas Courtyard(140)
Las Vegas Fairfield Inn and Suites(142)
Las Vegas Hilton (2,956, 40% with Colony Capital
Las Vegas Holiday Inn Express(177)
Las Vegas Residence Inn(160)
Stratosphere (2,444)
NYSE: GS

Wynn Resorts

Rank: 7
2,716 Wynn (2,716)
Encore Suites (2,034, 2008)

Discussed:
Two hotels on the current golf course (5,200 rooms)
NASDAQ: WYNN

Steve Wynn
Columbia Sussex

Rank: 8
2,698 Tropicana (1,878) (through Tropicana Entertainment)
Westin Casuarina (816) (through CP Las Vegas LLC)

The Tropicana may fall into bankruptcy.
Proposed:
An expansion of the Tropicana to 9,276 rooms
Private

Bill Yung
OpBiz

Rank: 9
2,567 Planet Hollywood (2,567)

Westgate Resorts adding 1,228 condo-hotel units (2008)
Robert Earl
Riviera Holdings

Rank: 10
2,075 Riviera (2,075)

Of interest to buyers including RivAcquisitions
AMEX: RIV
CEO: William Westerman
Landry's

Rank: 11
1,907 Golden Nugget (1,907)

Building:
400 more rooms (2008?)
NYSE: LNY
CEO: Tilman Fertilla
SBE and Stockbridge

Rank: 12
1,720 Sahara (1,720)

Proposed:
800 more rooms
Private

Sam Nazarian
Tamares

Rank: 13
1,563 Las Vegas Club (410)
Plaza Hotel and Casino (1,037)
Western (116)

Ambassador East and Queen of Hearts may close
Private

Poju Zabludowicz
Michael Gaughan

Rank: 14
1,350 South Point (1,350)

Building:
830 more rooms (2008)
Private

Michael Gaughan
TLC

Rank: 15
1,050 Binion's (360)
Four Queens (690)

Proposed:
366 more rooms at Binion's
Private

Terry Caudhill
Flexible-Stay Hotels
Usually small motels for longer-term stays
Company
and rank
by LV hotel
room count
Rooms
Owned and open
Hotels
with room count
Ownership
Budget Suites

Rank: 1
1,899 Four Budget Suites hotels. Private

Bob Bigelow
Siegel Group

Rank: 2
1,750 Gold Spike (112, 50% with Tippins)
11 "Siegel Suites" flexible-stay apartments (1,694)
Private

Stephen Siegel
Franchisors
Companies that license a brand name but don't own the hotels
Company
and rank
by LV hotel
room count
Rooms
Owned and open
Hotels
with room count
Ownership
The Blackstone Group

Owns Hilton
2,323 Licenses:
Doubletree (190 rooms)
Embassy Suites (506)
Hampton Inn (545)
Hilton Garden (267)
Homewood Suites (144)
La Quinta (572)
Las Vegas Hilton (Colony Capital)
NYSE: BX
Marriott1,875 Licenses:
Several Courtyard, Fairfield,
Residence Inn hotels.
JW Marriott LV Resort (Larco)
Renaissance LV Hotel (Jackson-Shaw)
Ritz-Carlton Lake Las Vegas (The Atalon Group)
Ritz-Carlton Las Vegas (2009, MGM Mirage)
NYSE: MAR
Wyndham1,866 Licenses:
12 hotels under brands:
Days Inn, Howard Johnson,
Ramada, Super 8, Travelodge.
NYSE: WYN

CEO: Steven Rudnitsky



A Photo Tour of Las Vegas

While working on my book A Photo Tour of Las Vegas, I wanted a list of the corporations that own the major hotels of Sin City. I couldn't find a good one so, after far too much time trolling the Internet, I made this. I hope it's helpful!

Click here to go to the list


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Copyright 2005-2008 Andrew Hudson for Photo Tour Books, Inc. Written for A Photo Tour of Las Vegas. You may reproduce this article for personal, educational, non-commercial and non-Internet use, such as in a hobbyist newsletter or school project. No Internet publishing is permitted. For commercial use, please email Andrew Hudson for permission.

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