MTV's Real World Heads Back To Las Vegas, Will Tourists Follow?
MTV's "The Real World" is turning 25 and the latest season takes the usual unruly batch of seven strangers back to Las Vegas. The show was last in Vegas for the 2002-2003 season which lead to the creation of the Real World Suite at the Palms, a room that is still available and popular with guests. This time the filming was done at the Hard Rock Hotel & Casino in Las Vegas. A high roller's suite in the hotel was turned into a four-bedroom party loft.
The news comes as the Hard Rock faces the potential of foreclosure. TheLas Vegas Sun reports that NorthStar Realty Finance Corp. has plans to foreclose on Feburary 7. In response, the owners of the Las Vegas Hard Rock sued NorthStar saying that a foreclosure on five business days' notice was neither commercially reasonable nor viable because the sale of a hotel-casino would require the prior approval of the Nevada Gaming Commission. The reason for the urgency is that on February 9 a $1.25 billion debt comes due and the Hard Rock has not yet disclosed plans on how it plans to deal with that, meaning NorthStar could lose the $96.2 million it loaned the resort. Last year the Hard Rock completed a $750 million expansion which included the addition of SKYBAR, Reliquary Spa and a luxury suite tower. NorthStar has said it plans to have contract operator Navegante to run the gaming and hotel at the Hard Rock and is already marketing the property to potential buyers.
Like other properties, the Hard Rock has struggled as tourism diminished. When it opened in the mid-1990s, the Hard Rock Hotel was one of the few spots on the Strip catering to hard-partying youngsters. Now it's just one in a sea of potential options for hip debauchery. Will the return of "The Real World" help save the Hard Rock? Stay tuned.