Caesars Entertainment is selling Bally’s Las Vegas, The Quad, The Cromwell and Harrah’s New Orleans to Caesars Growth Partners. Caesars Growth Partners is a joint venture of Caesars Entertainment and Caesars Acquisition Company and is managed by Caesars Acquisition Company. The resorts will still be run by Caesars Entertainment and will still be part of the Total Rewards program so guest probably won’t notice a difference.
What guest will notice is the $223 million renovation plan Caesars Acquisition Company has announced for The Quad which includes a long-awaited complete remodeling of the guest rooms and public spaces. The work appears to be extensive since The Quad will close 3 of its towers for the remodeling instead of trying to keep some floors open while working on others.