Mountain resort outside Las Vegas purchased for nearly $5M
Jul. 04, 2018
LAS VEGAS (AP) — A North Carolina-based hospitality group has bought a mountain hotel outside Las Vegas for nearly $5 million.
KLAS-TV reports Rhea Hospitality based in Durham, North Carolina, has purchased The Resort on Mount Charleston from the Siegel Group.
New owners Colin and Deanna Crossman say they plan to bring the 64-room hotel back to its former grandeur.
Colin Crossman says the hotel is in a beautiful setting, but the "property itself looks like it hasn't been loved in a while."
Their plans include reopening the spa, updating the menu and building an outdoor bar. The hotel will remain open during renovations.
The mountain escape was built in 1984 and is about 40 miles (64 kilometers) northwest of the Las Vegas Strip.
Information from: KLAS-TV, http://www.klas-tv.com