RENO, NV—Eldorado Resorts, Inc. has established Columbus Southeast Hotel Group LLC, a joint venture with Vista Host, Inc. to develop a new 118-room Hampton Inn & Suites hotel that will be attached to Eldorado’s Scioto Downs Racino in Columbus, OH. Construction of the new hotel is expected to begin this month, with a targeted completion date in late 2016.
Pursuant to the terms of the joint venture agreement, Eldorado is contributing $1 million of cash and 2.4 acres of land immediately adjacent to the The Brew Brothers microbrewery and restaurant at Scioto Downs Racino. Columbus Southeast Hotel Group, LLC will be responsible for the construction of the $15-million hotel and Vista Host, Inc. will operate it upon its completion.
The planned four-story, 118-room Hampton Inn & Suites will feature amenities such as 4,000 sq. ft. of meeting space, a free hot breakfast, a fitness center and an indoor pool. All guestrooms will be equipped with the Clean and Fresh Hampton bed and free high-speed internet access. The hotel will also offer suites featuring a sleeper sofa, bar sink, under-the-counter refrigerator and microwave oven.
“Providing our guests with the highest level of amenities at our properties continues to be a strategic priority for Eldorado, and we believe the addition of a new hotel at Scioto Downs will fulfill the guest demand we have for lodging while further differentiating the property in the Columbus market,” said Gary Carano, chairman and CEO of Eldorado. “This planned new hotel brings yet another unique amenity to Scioto Downs. By partnering with Michael Harrell and the team at Vista Host for the development of this new hotel, we expect to deliver a quality hospitality offering for our guests while maintaining our financial discipline and focus on generating solid ROI.”
“Hampton is known for quality, innovation, comfort and value-added extras, making it the brand of choice in the marketplace today,” said Michael Harrell, CEO, Vista Host, Inc. “We are very excited to partner with Gary and the team at both Eldorado and Scioto Downs to bring a new hotel to a leading entertainment and gaming destination in Columbus.”