Shangri-La Joins the Fray: New Las Vegas Hotel for 2010

January 5, 2006 By:Mary Winston Nicklin

Just when I thought there was no more real estate available on the strip. Shangri-La announced plans today to manage a new 400 room hotel scheduled to open in 2010. To quote their regional Vice President:
We believe that Las Vegas offers great potential for us. It is a market that is evolving quite rapidly and radically [and] we are beginning to see brand name hotels coming to Las Vegas.
Hmm. But just when will the boom go bust? Can Vegas really sustain this kind of growth? (Hell- where is the water coming from in the middle of the desert? Will LA really continue to put up with this pillaging of water rights? Let the battle begin.)

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