The Ritz-Carlton Hotel Co will close its five-diamond property in Las Vegas this May, after the hotel struggled with a slide in demand and revenue.
“It’s nothing the hotel did. It’s a simple lack of business and a decline in the tourism industry,” said Ritz-Carlton spokeswoman Vivian Deuschl.
The owners of the 348-room property, Village Hospitality LLC, an arm of Deutsche Bank, will stop funding the Ritz-Carlton Lake Las Vegas day-to-day operations on May 2.
It is a very nice place – its out at Lake Las Vegas; a resort developed a few years back set outside Las Vegas. Golfing, boating, shopping, spas – the whole 9 yards available. Now its gone; the jobs are gone…but Barry and Harry say things are getting better.
Can’t tell you how helpful it is for the President to demonize travel to Las Vegas…and how doubly helpful it is to have a Senator who lacks the spine to stand up to him on it.
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