Renaissance Las Vegas sold for $125 million

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JLL’s Hotels & Hospitality Group announced the sale of the Renaissance Las Vegas on behalf of Jackson Shaw Company. Wheelock Street Capital purchased the 548-room asset for $125 million.

The Renaissance Las Vegas marks the first completed sale of a premier non-gaming hotel in the market since 2007. The hotel features more than 20,000 square feet of meeting space, three food and beverage options, a resort-style swimming pool and fitness center.

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Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.