Icahn in turn sold it to Steve Witkoff in 2017 for $600 million, who entered into an agreement with Marriott for management of the resort which was being redubbed the Drew Las Vegas. Following the Great Recession, Soffer sold the property to Carl Icahn for $150 million in 2010. Soffer first announced the project in 2005 and crews broke ground on the 25-acre property in 2007. 'It's a great building, it was always a great building, but this has come full circle back to us, and we're very honored and excited about it as a company.' 'It's kind of a crazy story, but I'm back,' Soffer said according to a statement.

Related: Marriott exits Fontainebleau development in Las Vegas 9 with developer Jeffrey Soffer, members of his Fontainebleau Development Team, Las Vegas and Nevada elected officials and others to share the latest details on the project. The original developer of the Fontainebleau Las Vegas, back in control of the north Strip property after it changed hands multiple times in the previous decade, has hired a new firm to restart construction and announced an opening time frame of fourth quarter 2023 for the resort project with a winding 14-year history.Ī press conference and ceremony were held Nov. Uniworld Boutique River Cruise Collection.NCL's Chernesky: We want to make it easy for advisors to work with us After cracking jokes to travel advisors at CruiseWorld, the Norwegian Cruise Line sales exec turned serious.The institute, at the University of Nevada, Las Vegas, will focus on developing ways to enhance the security and well-being of. How safe is Las Vegas? The new Tourist Safety Institute is looking into it.Why I have never issued an airline ticket When you can devote 100% of your energies to planning the non-air details of your client's travels, magic comes more easily.Hospitality's response? More of the same. Junk fees? We'll show you junk fees! Money-for-nothing resort fees are under attack.

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