Hooters Casino Sold
UPDATE SEPT. 17: The sign outside of the former Hooters hotel-casino has been changed. The hotel-casino is now named the Oyo Hotel & Casino.
ORIGINAL STORY
The Hooters hotel-casino on Tropicana Boulevard has been sold.
Hooters Casino Las Vegas Sold
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- Hooters of America, the breastaurant chain long rumored to be for sale, has been acquired by Nord Bay Capital and TriArtisan Capital Advisors, the parties announced late Monday. Details of the deal were not disclosed. Previous Hooters owners Chanticleer Holdings and H.I.G. Capital will retain stakes in the casual-dining chain.
- Investment company 155 East Tropicana, said Monday that it was terminating its agreement to sell Hooters Casino Hotel to Hedwigs Las Vegas Top Tier for $98.0 million after the buyer failed to make a required $500,000 payment by June 6.
Hooters Casino Sold 2019
It was sold to Oyo Hotels & Homes, India's biggest lodging company, and its partner Highgate, a New York-based hotel investment and management company, for $70 million, according to San Diego Union-Tribune.
Hooters Casino Review
Oyo says that it will rebrand Hooters as Oyo Hotel and Casino. They plan to spend about $20 million to renovate the hotel, which will remain open during the renovation.
India’s Oyo Rolls Dice With Purchase of Las Vegas Hooters Hotel Property fetches $135 million in company’s first U.S. Purchase under global expansion After a $135 million deal, the Hooters Casino. A real estate broker representing the owners of the Hooters Casino Hotel said the property near the Las Vegas Strip has sold for about $70 million to a New York-based hotel investment company.