Could The Las Vegas Hilton Be The Next To Close?
The Las Vegas Hilton isn't having a very good year. First, came news that the Hilton brand doesn't want anything to do with it anymore. Now, the Wall Street Journal is reporting that it can't make its mortgage.
The paper reports the once storied hotel owes $250 million bucks in back mortgage payments for the months of June, July and August. Vegas Inc adds that its lenders are looking to put someone else in charge of the finances, "possibly until it’s sold or foreclosed on."
Perhaps it's time to splurge on one of the hotel's
untouched since the dawn of time "classic" suites while we still can.
(Photo: c.a. mueller on Flickr)