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Frenchman’s Reef Marriott Resort & Spa, pictured, and Noni Beach, Autograph Collection have both been closed since Hurricane Irma hit the island in 2017. They ll reopen next year.
Texas-based Aimbridge Hospitality, a global hotel management company, will manage the Frenchman s Reef Marriott Resort & Spa and Noni Beach, Autograph Collection in St. Thomas, which are slated to reopen in the fall of 2022 after a $250 million rebuild.
The property was recently purchased by New York-based Fortress Investment Group, which has retained Aimbridge as the management company. Fortress will spearhead the rebuild and reopening efforts. With 384 rooms, including 28 suites at Frenchman s Reef and 94 rooms including two suites at the adjacent Noni Beach (formerly Morning Star Marriott Beach Resort), the property is the largest on St. Thomas.
Newsroom
Howard Stutz, CDC Gaming Reports ·
January 22, 2021 at
7:13 am
New York-based Dreamscape Companies originally planned to take two years to consider its options for the off-Strip Rio Las Vegas after it acquired the property from Caesars Entertainment.
That was December 2019. Three months later, “the world collapsed” under the COVID-19 pandemic, Dreamscape principal Eric Birnbaum told the Nevada Commission Thursday.
“If I were sitting here in March or April 2020, I would have had a pessimistic or dour outlook,” Birnbaum said. “But today, we’re revving up the engines a little quicker than we anticipated.”
The Gaming Commission, acting on a recommendation earlier this month from the Gaming Control Board, granted Birnbaum and his partner, Thomas Ellis, a preliminary finding of suitability for the Rio, which is still operated by Caesars under a two-year lease agreement that pays Dreamscape $45 million a year.
The Rio s new owners get suitability approval from Nevada Gaming Control Board The pandemic has slowed Dreamscape’s plans to move quickly on upgrading the Rio All-Suite Hotel & Casino, which reopened on December 22. United States | 01/08/2021 The recommendation issued Wednesday for Eric Birnbaum and Thomas Ellis will go to the Nevada Gaming Commission for final approval on January 21. The company expects to take over the property from Caesars before 2023. They anticipate a strong rebound for the Rio and Las Vegas driven by pent-up demand once the pandemic is over. T
he Nevada Gaming Control Board on Wednesday unanimously recommended a preliminary finding of suitability for two executives of
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