When it comes to the iconic Paris Hotel in Las Vegas, many people wonder who owns this beloved property. The Paris Hotel is a popular tourist destination known for its replica Eiffel Tower and French-inspired architecture. In this article, we will discuss the ownership of the Paris Hotel and highlight some interesting facts about this Las Vegas landmark.
The History of the Paris Hotel
The Paris Hotel opened its doors on September 1, 1999, and was initially owned by Park Place Entertainment. The hotel was built on the site of the former Dunes Hotel and Casino, which was demolished in 1993. The construction of the hotel cost approximately $760 million.
The Paris Hotel features 2,916 guest rooms and suites, as well as a casino with over 1,700 slot machines and 90 table games. The hotel also includes a variety of restaurants, bars, and entertainment options.
The Ownership of the Paris Hotel
Today, the Paris Hotel is owned by Caesars Entertainment Corporation. Caesars Entertainment is one of the largest gaming companies in the world and owns numerous casinos and hotels throughout Las Vegas and other parts of the world.
Caesars Entertainment acquired Park Place Entertainment in 2005 for $9 billion. This acquisition included several properties such as Bally’s Las Vegas, Caesars Palace Las Vegas, Flamingo Las Vegas, Rio All Suite Hotel and Casino, and of course, the Paris Las Vegas Hotel.
Interesting Facts About the Paris Hotel
- The Eiffel Tower replica at the Paris Hotel is half the size of the real tower in France.
- The tower at night sparkles every hour on the hour with thousands of twinkling lights.
- The hotel’s casino features a ceiling painted to mimic a blue sky with fluffy white clouds.
- The hotel’s Le Village Buffet is designed to resemble a French village, complete with cobblestone streets and storefronts.
Conclusion
The Paris Hotel in Las Vegas is one of the most iconic properties on the Las Vegas Strip. With its French-inspired architecture and Eiffel Tower replica, it’s hard to miss.
Today, the hotel is owned by Caesars Entertainment Corporation, which acquired the property in 2005. Whether you’re looking for a place to stay, gamble, or dine, the Paris Hotel offers plenty of options for visitors to enjoy.
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When it comes to the iconic Paris Hotel in Las Vegas, there is often confusion around who actually owns this magnificent property. To clear the air, let’s dive into the ownership details of this world-renowned hotel and casino. Caesars Entertainment Corporation
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