COLUMBIA SUSSEX

'Columbia Sussex' is a private hospitality company based in Fort Mitchell, Kentucky, a suburb of Cincinnati, Ohio. The company owns and operates hotels and casinos in various parts of the United States. As of 2007, the company operated 67 hotels under 13 different brands, and 14 casinos. Its current president is Bill Yung III.

Contents

History

Hotel brands operated

Marriott International

InterContinental Hotels Group

Others

Casinos

References

External links

History

Columbia Sussex, founded in 1972, entered the gaming industry in 1990 with its acquisition of the Lake Tahoe Horizon in Lake Tahoe, Nevada.
On May 19, 2006, Columbia Sussex signed an agreement to purchase Aztar Corporation, owner of the Tropicana Resort & Casino in Las Vegas, Nevada, the Tropicana Casino Resort in Atlantic City, New Jersey, and other properties. According to the purchase agreement, Columbia will pay $2.75 Billion for Aztar, including $54 cash per share for its common stock, and assume $676 million in debt. The sale was approved by the Nevada Gaming Commission on November 16, 2006 with a subsidiary of the company to operate the casinos. The sale was completed on January 3, 2007. Columbia Sussex has announced redevelopment plans for "The Trop" in Las Vegas, which would make it the largest casino-resort in the city and one of the largest in the world.^[1]
On May 26, 2006 Columbia Sussex announced plans to acquire the Casino Queen riverboat casino in East St. Louis, Illinois for $200 million. The deal was cancelled when the Illinois Gaming Board refused to speed up the licensing process to accommodate the timing of the sale.

Hotel brands operated

Marriott International

★ Marriott Hotels

★ JW Marriott Hotels

★ Renaissance Hotels

★ Courtyard by Marriott

★ Residence Inn by Marriott

★ Westin

★ Wyndham

InterContinental Hotels Group

★ Crowne Plaza

★ Holiday Inn

Others

★ Westin Hotels

★ Sheraton

★ Radisson Hotels

★ Tan-Tar-A Resort

★ Hilton

Casinos

The casinos are operated by Columbia Entertainment which is owned by William J. Yung, III, and Columbia Sussex. ^[2]

★ Amelia Belle Casino, Morgan City, Louisiana

★ Belle of Baton Rouge, Baton Rouge, Louisiana

★ Casino Aztar Evansville, Evansville, Indiana

★ Casino Aztar Caruthersville, Caruthersville, Missouri Sale of this Casino to Isle of Capri is completed. Sale price is reported to be $45m.

★ Jubilee Casino, Greenville, Mississippi

★ Lake Tahoe Horizon Casino, Stateline, Nevada

★ Lighthouse Point Casino, Greenville, Mississippi

★ MontBleu Resort Casino & Spa, Stateline, Nevada (formerly Caesars Tahoe)

★ Tropicana Express Hotel and Casino, Laughlin, Nevada(former name "Ramada" Express)

★ River Palms Casino, Laughlin, Nevada

★ Tropicana Casino Resort Atlantic City, Atlantic City, New Jersey

★ Tropicana Resort and Casino, Las Vegas, Nevada

★ Vicksburg Casino, Vicksburg, Mississippi

★ Westin Causarina Las Vegas Hotel, Casino & Spa, Las Vegas, Nevada (operated by Wimar Horizon)

★ Westin St. Maarten, St. Maarten, Dawn Beach, Caribbean (operated by Babitbay Beach Development Corporation)

References

1. .1B casino deal closes
2. Tropicana Las Vegas

External links

★ Columbia Sussex web site