The Hooters hotel-casino on Tropicana Boulevard has been sold. It was sold to Oyo Hotels & Homes, India's biggest lodging company, and its partner Highgate, a New York-based hotel investment. LAS VEGAS The Hooters hotel-casino off the Las Vegas Strip has been sold to an Indian hotel company and will be rebranded as the OYO Hotel and Casino. The Las Vegas Review-Journal reports the.
23, 2019 7:03 am ET India’s biggest lodging company has acquired the Hooters Casino Hotel Las Vegas, its first U.S. Property purchase under a global expansion. Oyo Hotels & Homes. LAS VEGAS (AP) — The Hooters hotel-casino off the Las Vegas Strip has been sold to an Indian hotel company and will be rebranded as the OYO Hotel and Casino. The Las Vegas Review-Journal reports the hotel change is set to begin in September. OYO and Highgate purchased the hotel from Junius Real Estate Partners and Trinity Hotel Investors LLC.
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Hooters Casino Hotel, located just off the Las Vegas Strip, has been sold for $70 million, according to a report from the Associated Press. New York-based Trinity Hotel Investors LLC is the buyer.
Next door to the property is the Tropicana, which recently sold to Penn National Gaming for $360 million, giving Penn its first Strip property.
Hooters Casino Hotel originally opened in 1973 as Hotel San Remo. It become a Hooters-branded property in 2006. Earlier this year, the property closed its poker room.
Hooters Casino Review
It’s unclear what Trinity Hotel Investors plans to do with the property, the report said.
Hooters Casino Closing
Early last month, Hooters announced that a new location would be opening at the Palms Casino Resort. With more than 500 seats, it’s the largest Hooters in the country, the company said.