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Back in December of 2018, MGM Resorts International sold Treasure Island Hotel & Casino in Las Vegas to Phil Ruffin. He's continued to operate this popular venue ever since. In July, it was reported that this property would officially join the Radisson Group. This week, the popular Las Vegas hotel-casino has officially become a Radisson Hotel.
It's great news for members of the Radisson Rewards. Some are unclear of exactly what this news means, though. Here's what we know about this situation.
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History of Treasure Island Hotel & Casino
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Anyone familiar with Las Vegas has probably heard of Treasure Island. It's one of the most popular venues in the city. It first opened to the public in 1993 and grew famous for its unique outdoor show.
This venue has a large, 95,000 square-foot gambling space. The casino offers just about every type of game imaginable including a high-limit slots area and poker space.
The hotel is hugely popular, as well. It received the AAA Four Diamond award every year from 1993 to 2013. There are more than 2,800 rooms, including 220 suites. Its location near the northern area of the Strip isn't necessarily ideal, yet it still draws in a huge number of visitors every year.
Treasure Island Hotel & Casino has gone through several renovations over the years. The first came in 2003 when its owners paid more than $65 million to include the hotel's rooms.
The Sirens Of Ti show was hugely popular with visitors to the city. It was free and took place every day. In 2013, the last show was held here in order to make room for a new multi-level shopping complex.
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Ownership of this venue has changed hands several times over the years. This week, it officially joined the Radisson Group.
Treasure Island Becomes Radisson Hotel
Radisson Group is one of the largest hospitality companies in the world. It has locations in more than 115 countries and has a hugely popular rewards program. This program, called Radisson Rewards, offers unique benefits for guests staying in different locations.
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This week, Treasure Island joined the Radisson Group. Members of Radisson Rewards can soon earn valuable points by staying at this venue. It's the first hotel-casino that Radisson Hospitality controls on the Las Vegas Strip.
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This news is likely to help draw in many new visitors. Travelers for business, in particular, are beginning to flock to this venue. It's home to a massive 30,500 square-foot convention center that can hold up to 1,200 attendees.
Phil Ruffin, the owner of this venue, believes that the move to the Radisson Group will help reach a wider audience, as well. The room renovations that are expected to be completed next year will help things, as well. Ruffin also has big plans for his newest Las Vegas Strip purchase.
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Phil Ruffin Speaks About Plans for Circus Circus
Circus Circus is a well-known Las Vegas property, yet it's gained a reputation amongst guests as one of the city's worst. It's location, amenities, and overall atmosphere leaves much to be desired. MGM Resorts International owned this property for years, yet recently decided it was time to sell.
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MGM officials began looking for buyers. Before long, the company struck a deal with Phil Ruffin. On October 23rd, Ruffin purchased the venue for $825 million.
It was unclear exactly what Ruffin planned to do with this venue. This week, he spoke to the media about his plans for this venue. According to the casino mogul, he plans to bring some exciting new shows here.
'We have a long-term relationship with Cirque du Soleil, we have the ‘Mystere' show at Treasure Island, a very successful show,' Ruffin told board members. 'We have a commitment from the president of Cirque du Soleil to put a show in Circus Circus and so we've had meetings on that. I firmly believe that a Strip property has to have a permanent show and that's the deal struck.'
Many feel this is a good idea. Shows are known to help increase the number of guests to the casino. We'll need to wait and see which show comes to Circus Circus.
Treasure Island is joining the Radisson Group. Stay tuned for more news on Las Vegas casinos over the next few months!
