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Palms Casino Resort
Palms Casino Resort is a hotel and casino located near the Las Vegas Strip in Paradise, Nevada, United States. It is owned and operated by the San Manuel Band of Mission Indians. It includes 703 rooms and a 94,065 sq ft (8,738.9 m2) casino. It was originally owned by the Maloof family, and was primarily overseen by George Maloof. He purchased the site in 1997, and construction began three years later. The Palms opened on November 15, 2001, with Station Casinos and The Greenspun Corporation as minority owners. It included a casino, restaurants, nightclubs, and a 42-story hotel. The resort catered to local residents and tourists, and also became popular among celebrities and young adults. It has made several television appearances, and was the main setting for the 2002 reality television show The Real World: Las Vegas, which contributed to its fame.
A second hotel structure, the 40-story Fantasy Tower, was opened in 2005. A recording studio was also added, making the Palms the first casino resort to include such a facility. The resort also includes a movie theater, which has hosted several film premieres. A Playboy Club opened in the Fantasy Tower in 2006, becoming the first such club to open in several decades. A music venue, the Pearl Concert Theater, was added in 2007. Palms Place, a high-rise condo hotel, was opened on the property a year later.
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KEY PLAYERS : the Palms underwent a $690 million renovation but was ultimately forced to close for over two years
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VENUE : weddings , parties , tourism, many other functions
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MEETINGS : various types of meetings like business meeting and others
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CHALLENGES: Hotels face various challenges in hotel business' industry. in such a crowed city has multiple challenges faced by this hotel
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SWOT : strength , weakness , opportunities , and threats SWOT analysis is much important to maintain the wealth of the hotel
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