Clarion Hotel and Casino

History

Early years (1970–1991)

The property originated as part of the Royal Inns of America chain, with construction beginning on August 1, 1969. The $3 million Royal Inn opened on April 19, 1970. It was built on 6 acre, located just east of the Las Vegas Strip and down the street from the Las Vegas Convention Center. The 12-story hotel contained 200 rooms, and was considered small by Las Vegas standards.

In 1972, Michael Gaughan and Frank Toti bought out the property's gaming operations, and managed the casino for much of the remaining decade. In 1979, fast food operator (and former automat chain) Horn & Hardart purchased the Royal Inn for $17 million. By late 1980, the property was rebranded as the Royal Americana Hotel, with a New York theme. A $3.5 million renovation increased the room count to 300. Nevertheless, the Royal Americana was experiencing substantial losses, and Horn & Hardart decided to close it in 1982.

An investment group, which included two Horn & Hardart executives, took over the Royal Americana at the end of 1982, and spent $5.7 million on remodeling. The property debuted as the Paddlewheel on November 21, 1983. Two adjoining structures, containing 113 rooms, were demolished. The original hotel tower was kept, and its west exterior was updated to feature a mural of a paddle steamer crashing through the building. The Paddlewheel had a child-friendly atmosphere, with arcade games and amusement rides, but shifted to an adult focus in the late 1980s, including a male revue. Horn & Hardart put the Paddlewheel back up for sale in 1990, and closed the casino in October 1991. It had 300 slot machines and four table games.

Debbie Reynolds ownership (1992–1998)

Actress Debbie Reynolds and her husband Richard Hamlett, at his suggestion, bought the shuttered property at auction in 1992, for $2.2 million. Reynolds planned to spend $15 million on renovations, which would include a museum to house her collection of Hollywood memorabilia.

The property reopened in July 1993, as the Debbie Reynolds Hollywood Hotel. A settlement was reached by the end of 1993, with "Hollywood" dropped from the name. The property is best remembered under the Debbie Reynolds name, A sign from the Debbie Reynolds Hotel would later be acquired by the city's Neon Museum.

Because Reynolds and her husband had no experience in operating a resort, the various amenities were leased out, leaving the couple to focus on live entertainment offerings and the museum. Reynolds herself performed at the property, in a 500-seat theater designed by her son Todd Fisher. The casino, operated by Jackpot Enterprises,

Reynolds struggled with the financing to complete the project. She took the company public in 1994 to raise money, and the museum finally opened the following year. Rooms in the top three floors of the hotel were sold as timeshares to help raise money, and the property eventually accumulated more than 1,000 unit owners. Reynolds and Hamlett had a troubled marriage, and she eventually paid him $270,000 to buy out his interest. They divorced in 1996.

Fisher said the property was undercapitalized from the time it opened. He blamed early financial problems on mismanagement, and took over operations at the end of 1995.

Reynolds and the hotel both filed for bankruptcy protection in July 1997, and several deals to sell the property failed over the next year. Among the prospective buyers was Westgate Resorts, which planned to add additional timeshare units.Retrieved July 28, 2024:

• Westgate owner David Siegel invested approximately $200,000 to keep the property operational during bankruptcy.

To maintain the site's gaming status, Capado Gaming was brought on to reopen the casino in September 1997, with 25 slot machines. The Debbie Reynolds Hotel was put up for auction in August 1998. Reynolds called it "a sad ending to a lot of hard work and special dreams," saying further, "This represents a long six years of hard work and dedication and love. But you can't look back. That's not the way I want to deal with this."

Later years (1998–2014)

The winning bidder of the 1998 auction, at $10.65 million, was the World Wrestling Federation (WWF). The company planned to level the building and construct a 35-story, wrestling themed hotel and casino with 1,000 rooms. The WWF stripped much of the interior to prepare for demolition, but ultimately decided the site was not big enough. The project's cancellation was also attributed to cost and unfamiliarity with the gaming industry.

As of 2000, the property was operating as Convention Center Drive Hotel. Mark IV hoped to redevelop the site with 1,000 rooms, It included 100 slot machines and was operated by United Coin. The hotel opened later in 2001, and had 192 rooms.

The property offered various shows during the Greek Isles era. Among these was a Rat Pack tribute show that opened in 2002 and ran for several years. Others included a magic show, a fire-themed production, and a musical tribute to composer Harold Arlen.

In July 2007, the Greek Isles was sold to an investment group, which planned to eventually demolish the hotel-casino and redevelop the land as a mixed-use project. However, a year later, the group defaulted on a $56 million loan that was provided by Canpartners Realty. The property entered bankruptcy in April 2009, and was taken over four months later by Canpartners, which blamed the financial problems on poor management.

In 2010, the property was rebranded as a Clarion hotel, It had two performance venues at that time, with magician Jan Rouven among its entertainers. In 2012, one of the venues was used as a filming location for Lana Del Rey's 2012 short film Ride.

In its final years, the hotel included 202 rooms. and its inventory was liquidated.

Demolition and redevelopment

A month after its closure, developer Lorenzo Doumani purchased the Clarion from Canpartners for $22.5 million. He announced plans to demolish the hotel-casino for redevelopment as a mixed-use property. The Clarion's hotel tower was demolished by implosion on February 10, 2015, shortly before 3 a.m. It was the first hotel-casino in Las Vegas to be imploded since the New Frontier in 2007. The Clarion implosion did not go as planned; an elevator shaft on the tower's west side was left standing afterward. Debris from the collapsing tower locked the shaft in place, only allowing it to drop slightly. Later in the day, cables were lassoed around the shaft to bring it down.

On the vacant land, Doumani intends to build a non-gaming high-rise hotel known as Majestic Las Vegas. He announced the project in 2019, but it has been delayed several times, and construction has yet to begin as of 2024.

Notes

References

References

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