![]() ![]() ![]() Shopoff Realty President and CEO Bill Shopoff told the Review-Journal on Tuesday there are no changes to the project’s name, timing or programming as a result of the Hyatt deal. The 531-room resort is expected to open in the first quarter of 2025. ![]() The acquisition includes 12 managed or franchised hotels with another 24 management agreements for hotels that haven’t opened yet, the release said.ĭream Las Vegas, on Las Vegas Boulevard just south of Russell Road, is being developed by Southern California firms Shopoff Realty Investments and Contour. The buyer is slated to pay a base price of $125 million, with up to an additional $175 million over the next six years “as properties come into the pipeline and open,” according to a news release. announced Tuesday that it reached a deal to acquire Dream Hotel Group. (Ellen Schmidt/Las Vegas Review-Journal) operator of a hotel-casino under construction at the south edge of the Strip is being bought by an industry giant. The Hyatt Dream Las Vegas hotel-casino project on the south Las Vegas Strip is under construction, Tuesday, Nov. ![]()
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