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Thread: Closing of Imperial Palace??

  1. Question Closing of Imperial Palace??

    I recently read in another Vegas Newsletter that the Imperial Palace is scheduled to close in mid 2007. Can anyone confirm or deny this report?

  2. #2
    Join Date
    Sep 2005
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    Niagara Falls,Canada
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    Smile Imperial

    From what I have heard and read..from relieable sources..the Imperial will remain as is at least through 2008.

    Polar

  3. #3
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    Default

    With IP's low overhead and operating expenses, Harrahs will not be closing it for a while - too profitable. Same with the old BC. O'Shea's probably falls into that category, too.
    Life ain't always beautiful, but it's a beautiful ride.

  4. #4
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    Default

    Quote Originally Posted by Larry Drobnitch View Post
    I recently read in another Vegas Newsletter that the Imperial Palace is scheduled to close in mid 2007. Can anyone confirm or deny this report?
    The other Vegas newsletter is wrong. I have continually said that due to all the improvements and reovations being done at the IP, my guess was that they would be open at least till or through 2009. It looks like I might beright as they announced bookings through 2008.

    I also said that Harrah's masterplan for that corner of the Strip may not happen for quite some time and I think I am right about that also.

    Steve

  5. #5
    Join Date
    Dec 2005
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    Smile I sure hope not!!

    I sure hope not. Where will be stay now? Such a great location and nice people and the rooms are okay. Not 6 star but the prices are not either. A great affordable place in a super location.

    Please say it isn't so!

    Johanna

  6. #6

    Default

    have to love that climbing stair-case 'thing' in the RACE BOOK
    You dont always get what you pay for... but you always pay for what you get.

  7. Default

    What climbing staircase thing? Are you talking about the stadium type desk seating?
    Kestral

    "If you see it once, you'll never be the same again."

  8. #8
    Join Date
    Jan 2007
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    Technically... Emeryville, CA. But it's Oakland for sure.
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    Default

    I can't remember how much debt was assumed during the buyout. But it was a lot. Expect the old "if it aint broke don't fix it" mentality for at least 2 years or more.
    I'm the only astronaut on this mission and I'm going to save your American asses.

  9. #9

    Default

    kestral - yes... that's it! sorry
    You dont always get what you pay for... but you always pay for what you get.

  10. #10
    Join Date
    Sep 2005
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    Walden, New York, United States
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    Default

    I am here at the IP now and it will be open through 2009. Based upon what I know and who I talk to, I am guessing that it will remain open after 2009.

    Also unconfirmed is that they will be REPLACING THE ELEVATORS at a cost of about $10 million $$$$$$. So why invest that much money if you are going to implode the hotel in a few years?

    Steve

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