I have been to this hotel two times this year for site inspections. I instinctively knew something was going on.... so, this is not surprising although sad.
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Hilton Worldwide will terminate its franchise license agreement with the owner of the Las Vegas Hilton on Jan. 1.
The casino hotel, built in 1969 by casino magnate Kirk Kerkorian, opened as the International Hotel. It was sold to Hilton in 1970 and was renamed the Las Vegas Hilton in 1971.
At 2,956 guestrooms, the hotel is the largest Hilton in the world. It is next to the Las Vegas Convention Center.
The current ownership group, led by Colony Capital, has owned the Las Vegas Hilton since 2004.
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