Source: Mercury News
Introducing Trump International Hotel & Tower Las Vegas!
Viewed from the side, the tower looks like a giant upside-down T, one that Trump crowned with his name in lights. With 1,282 rooms, it’s not the largest hotel in Vegas, but it may be the biggest gamble.
Two months ago, the guy opened a $1 billion hotel in Vegas without a casino. Madness. He built the thing off a lonely stretch of road behind the Fashion Show Mall. Insanity. He created his 64-story condo-hotel tower by selling the residential-style units to deed-holding investors, who may or may not add them to the hotel’s rental pool. That’s possibly brilliant – or disastrous if sales of the units, priced from $700,000 to $5.6 million, continue to slow. Full story, click here

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