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Hooters Casino Hotel Close to Crapping Out

Where: 115 E. Tropicana Avenue [map], Las Vegas, nv, United States, 89109

March 15, 2007 at 1:27 PM | 0 Comments

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We knew we should have listened to our parents and majored in finance in college, then reading this report on the possible sale of the Hooters Casino Hotel would make sense.

It's no secret that Hooters has been suffering as of late. They have been unable to maintain the average occupancy rate for Las Vegas (which is around 95 percent) and they have some casino woes.

Now an investment group, NTH Advisory, is coming to bail out the hotel. The Globe St. report has way too much financial mumbo-jumbo for us to wade through but there didn't seem to be anything about change of hotel brand...yet. For now, Hooters is being placed on Hotel Casino Death Watch.

Related Stories:
· It's Official: Hooters Casino Hotel is Struggling [HotelChatter]
· Deposit Date Changes for Hooters Hotel Sale [Globe Street]