Plans for the Ritz Carlton at Lake Las Vegas to Reopen

Plans for the Ritz Carlton at Lake Las Vegas to Reopen

Lake Las Vegas received some welcomed news today with the announcement that the international hotel operator Dolce Hotels and Resorts will reopen the previously closed Ritz Carlton of Lake Las Vegas. The property is due to reopen sometime in early months 2011. Village Hospitality LLC is the owner of the property and they report that a new name for the Las Vegas property has yet to be determined. The resort property has 349 rooms and sits on 15 acres along Lake Las Vegas. It is estimated that with the reopening there will be a return of 200 jobs and this is indeed good news. In Lake Las Vegas the Village of Monte Lago has maintained a commercial tenant occupancy of 85 percent and above. At this time 5 of the 33 shops are vacant. With this news comes the hope of the Lake Las Vegas real estate improving. Lake Las Vegas has 19 neighborhoods which include some of the best Las Vegas...
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