Лас-Вегастағы Oyo Hotel & Casino тарихы

Casino hotel in Las Vegas, Nevada

Oyo Hotel & Casino is a casino hotel near the Las Vegas Strip in Paradise, Nevada, United States. It is owned by Highgate and Oyo Hotels & Homes, and its casino is operated by Paragon Gaming. It is located east of the Strip and next to the Tropicana resort. The hotel has 696 rooms with a casino. The property originally opened on July 26, 1973, as a Howard Johnson's hotel. Since then, it has changed ownership and names several times, most recently operating as the Hotel San Remo (1989–2006) and the Hooters Casino Hotel (2006–2019), the latter in partnership with the Hooters restaurant chain. The hotel includes the original 10 story tower and an 18 story addition added in 1991.

The hotel was originally a Howard Johnson's Motor Lodge. Construction began in September 1972. It was developed at a cost of $8 million, by a group of local businesspersons led by Paul Oesterle. A gaming license was issued for the property later that year, allowing the operation of 150 slot machines. The hotel included 332 rooms, By 1974, Oesterle had plans to expand the hotel by adding three additional 10 story towers with 544 new rooms. However, his company Oesterle Nevada soon declared bankruptcy as it was unable to pay its debts. Eureka Federal Savings and Loan, holder of the hotel's mortgage, foreclosed on the property and bought it at auction for $7.7 million in March 1975.

In September 1975, Eureka sold the Howard Johnson's to Bernard Nemerov, a former part owner of the Riviera casino, for $10 million. Nemerov renamed it as the Paradise Hotel. He reopened the property's casino on New Year's Day 1976. The scheme left the casino with insufficient cash to operate, and it was forced to close and went bankrupt. It was later sold to Herb Pastor, owner of the Coin Castle and Golden Goose casinos in Downtown Las Vegas, who renamed the 20th Century as the Treasury Hotel. At that time, the property featured a country western theme. Former football player Gerry Philbin purchased the Treasury in 1982 for $20 million; the casino closed at that time because Philbin had not obtained a gaming license, though the hotel continued to operate. By the end of the year, Philbin was forced to put the hotel into Chapter 11 bankruptcy protection. In 1985, the DeLillo family regained ownership of the Treasury through foreclosure and renamed it as the Pacifica Hotel. It was announced that the Pacifica would be marketed to gay travelers, but this plan proved controversial and was soon abandoned. Later that year, the Pacifica was renamed as the Polynesian Hotel. He paid a reported $30 million for the purchase and renovation. It became popular as a bargain property. A second hotel tower, rising 18 stories, was finished in 1991. It brought the total room count to 711, and the San Remo now employed 600 workers. In 2004, Izumi's company, Eastern and Western Hotel Corp., began looking for opportunities to grow the hotel. The company sought to take advantage of heavy development that had occurred at the nearby Tropicana – Las Vegas Boulevard intersection since 1989. Hooters approached with a redevelopment proposal. Of the property's many names, San Remo had the longest run.

Hooters Casino Hotel opened on February 2, 2006, the weekend of Super Bowl XL. The opening was low key for a Las Vegas debut, with a handful of celebrities in attendance, such as TV personality Brooke Burke. The casino included an on site Hooters restaurant. Former Miami Dolphins quarterback Dan Marino also opened a steak and seafood restaurant known as Dan Marino's Fine Food and Spirits. The hotel casino employed 1,000 workers, including more than 200 of the restaurant chain's signature Hooters Girls, who worked at the property as waitresses, bartenders, cocktail servers, and casino dealers. The Hooters brand was found to be a turn off for female gamblers, as well as wealthy tourists and business travelers. The property also appealed to a younger demographic, whereas casinos generally relied on a middle age clientele. To increase profits, the property added new slot machines and began marketing to an older demographic. The casino was popular for its $3 minimum blackjack, and its Hooters restaurant was the chain's most profitable location. During 2007, 155 East Tropicana accepted an unsolicited offer from Hedwigs Las Vegas Top Tier, a joint venture of NTH Advisory Group and Silverleaf Real Estate, to buy the property for $225 million (including assumption of $130 million in debt). Hedwigs planned to redesign and rebrand the casino once again, as a "lifestyle, entertainment driven boutique hotel". Analysts called the agreement "curious" given Hooters's poor earnings performance. Profits fell again that year, due to the Great Recession. With revenue declining, the casino began defaulting on loan payments in April 2009. Canpartners Realty Holding Co., a subsidiary of Canyon Capital, bought up much of the company's debt at a heavy discount and planned to foreclose on the hotel. The owners, seeking to block foreclosure, filed for Chapter 11 bankruptcy in August 2011, listing only $63 million in assets against liabilities of $163 million. After a planned February 2012 auction attracted no outside bidders, the bankruptcy court approved Canpartner's $60 million credit offer for the property, with the sale expected to close around March 30. The Navegante Group was approved to manage casino operations, while Canyon Capital said it was seeking a major hotel chain to take over and rebrand the property. In May 2015, Canyon Capital sold the casino to Trinity Hotel Investors, based in New York, for $70 million. At first, Trinity was expected to rename the property and place it under the management of Holiday Inn, but they later decided to retain the Hooters branding. Trinity hired Paragon Gaming to replace Navegante as the property's operator in 2016. Joystixx, a 21 and over video game lounge, had opened in 2011, but it saw minimal success and was replaced a year later by the Saloon, featuring live music. The Saloon was added as part of a property wide remodel. Another renovation, costing $18 million, was underway in 2017. The project included makeovers of the casino floor and hotel rooms. The world's largest Steak 'n Shake restaurant, with seating for 200 people, opened inside the Hooters casino in 2018.

In August 2019, Oyo Hotels & Homes partnered with New York based investment and management company Highgate to purchase the property for $135 million. They announced plans to rename it as Oyo Hotel & Casino Las Vegas, while retaining the Hooters restaurant. The Oyo rebranding process began on September 16, 2019, and included restaurant upgrades as part of a $20 million renovation. The casino floor is in the 180 seat Parisian Cabaret. The show included dancing and comedy. It was produced, directed and choreographed by Bonnie Saxe, mother of magician Melinda Saxe. In 1999, the show was renamed Les Trix, capitalizing on the Strip's opening of the Paris Las Vegas resort. By 2001, the name had been changed back to Showgirls of Magic, and the show was revamped. It initially featured a family friendly edition, followed by a topless version later in the evening; the former was eliminated in 2003, in favor of another topless performance. Broadway Cabaret, another show in the 1990s, featured songs from various Broadway musicals. In 1999, the San Remo debuted Night Madness, a music and magic show starring Julie McCullough and Corinna Harney. Comedian Bobby Slayton performed at Hooters from 2007 to 2009. Comedian Geechy Guy created The Dirty Joke Show a year later. Purple Reign, a tribute show to the musician Prince, opened at Hooters in 2009. Men of X, a male stripper revue, also opened that year. Raack N Roll, a show featuring topless female dancers, debuted in 2011. The three shows closed in 2012, allowing renovation work to commence on the property's performance venue. A dinner and magic show, featuring the duo Jarrett & Raja, opened at Hooters in 2017. Other entertainment included singer Gordie Brown and the show Cons of Comedy. Cherry Boom Boom, a show featuring female dancers and rock and roll music, opened in 2019. That year, Hooters also debuted Hilarious 7, featuring a rotating lineup of seven comedians, each giving a 10 minute performance.