Comments on: $4.8 Billion Las Vegas Project Halted http://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/ Learn, Network, Invest Sat, 11 Feb 2012 20:37:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jeffrey Allenhttp://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/#comment-92848 Jeffrey Allen Mon, 14 Mar 2011 02:09:44 +0000 http://www.biggerpockets.com/renewsblog/?p=1143#comment-92848 As of 3/11, the 1st high-rise hotel-casino on the Vegas Strip has announced it will close + lender forecloses on the $1B Hard Rock Hotel-Casino. As of 3/11, the 1st high-rise hotel-casino on the Vegas Strip has announced it will close + lender forecloses on the $1B Hard Rock Hotel-Casino.

]]> By: Bobhttp://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/#comment-59331 Bob Thu, 14 Aug 2008 19:19:28 +0000 http://www.biggerpockets.com/renewsblog/?p=1143#comment-59331 They gambled...they lost... They gambled…they lost…

]]> By: log home buildershttp://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/#comment-59327 log home builders Thu, 14 Aug 2008 17:54:01 +0000 http://www.biggerpockets.com/renewsblog/?p=1143#comment-59327 That is no surprise that a huge million dollar hotel has been halted with not as many people are traveling and vacationing.It looks like a good hotel with cool architecture. That is no surprise that a huge million dollar hotel has been halted with not as many people are traveling and vacationing.

It looks like a good hotel with cool architecture.

]]> By: Tony Senahttp://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/#comment-59082 Tony Sena Thu, 07 Aug 2008 04:02:56 +0000 http://www.biggerpockets.com/renewsblog/?p=1143#comment-59082 You guys are forgeting that Las Vegas is one of the top destinations for conventions which has been a growing segment every year. Gaming is no longer the main source of revenue in Las Vegas. Las Vegas is going through a small recession right now but so is the rest of the country. Does that mean every other city is in trouble? You guys are forgeting that Las Vegas is one of the top destinations for conventions which has been a growing segment every year. Gaming is no longer the main source of revenue in Las Vegas. Las Vegas is going through a small recession right now but so is the rest of the country. Does that mean every other city is in trouble?

]]> By: Warenwirtschafthttp://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/#comment-59051 Warenwirtschaft Tue, 05 Aug 2008 13:43:55 +0000 http://www.biggerpockets.com/renewsblog/?p=1143#comment-59051 One more problem of Las Vegas will be the problem with the money, because the US spent so much money in war, that they couldn't have enough money for such big projects. And by the way everything is getting more expensive, so this will also cause troubles I think. One more problem of Las Vegas will be the problem with the money, because the US spent so much money in war, that they couldn’t have enough money for such big projects. And by the way everything is getting more expensive, so this will also cause troubles I think.

]]> By: Russianhttp://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/#comment-59033 Russian Mon, 04 Aug 2008 21:41:39 +0000 http://www.biggerpockets.com/renewsblog/?p=1143#comment-59033 Las Vegas is in trouble because people don't have that much money to spend anymore... Las Vegas is in trouble because people don’t have that much money to spend anymore…

]]> By: RDhttp://www.biggerpockets.com/renewsblog/2008/08/04/48-billion-las-vegas-project-halted/#comment-59030 RD Mon, 04 Aug 2008 17:39:03 +0000 http://www.biggerpockets.com/renewsblog/?p=1143#comment-59030 Another reason I believe Las Vegas is still in for trouble is because of the rising cost of air fare. I used to goto Vegas once a year because it was soo cheap to fly there, but that isn't true anymore. It will just hurt the strip even more. Another reason I believe Las Vegas is still in for trouble is because of the rising cost of air fare. I used to goto Vegas once a year because it was soo cheap to fly there, but that isn’t true anymore. It will just hurt the strip even more.

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