LAS VEGAS— Castaways executives are close to a deal that would put a Holiday Inn brand on the hotel casino of the same name, and spark a $57 million renovation and expansion at the 48-year-old property, according to Castaways and Holiday Inn executives. The renamed Castaways Las Vegas Holiday Inn & Suites would add 356 rooms and 80 suites to the propertys current 344-room inventory, with the existing rooms slated for a thorough renovation. Holiday Inn bosses expect to rename the property once theyve completed renovations that would bring the property up to the chains standards, probably by the summer of 2003. The new hotel tower construction would begin after the rebranding. SOURCE: Las Vegas Review-Journal
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