Power Party In Vegas!
“This is a once-in-a-lifetime opportunity to acquire a premier gaming property on the world famous Las Vegas strip,” said Alex Meruelo, Chairman and CEO of Meruelo Group. “We look forward to bringing our experience and successful track record as a casino/hotel owner, and to leverage our Los Angeles-based media and entertainment properties to position the SLS as one of the most desired destinations in Las Vegas.”
SLS Las Vegas opened in August 2014 after a total renovation of the historic Sahara Hotel & Casino. In 2015, SLS Las Vegas announced a long-term agreement with Starwood Hotels & Resorts Worldwide (now Marriott International) to convert a portion of the hotel to the W Hotel brand. The 289-room W Las Vegas opened in December and is managed by Marriott International. The remaining 1,327 guest rooms are operated as SLS Las Vegas, a Tribute Portfolio Resort, under a franchise agreement.