Elara (timeshare)
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Elara (timeshare)
Elara (formerly PH Towers) is a 52-story timeshare building at 80 East Harmon Avenue in Paradise, Nevada, located behind the Planet Hollywood resort that operates on the Las Vegas Strip. After two projects failed to materialize on the property, Robert Earl and David A. Siegel partnered in 2005 to develop a hotel and timeshare project known as PH Towers. Groundbreaking took place in January 2006, and the tower was topped off in July 2008. The $660 million project opened in December 2009, but plans for additional towers were cancelled. When it opened, the tower featured 1,201 units, approximately 200 of which would be used as timeshares, while the remainder would be used as hotel rooms for the Planet Hollywood resort. The tower was owned by Siegel's Westgate Resorts, while Earl's Planet Hollywood International, Inc. marketed the tower and handled operations. Harrah's Entertainment purchased the Planet Hollywood resort in 2010, and took over marketing and operations of PH Towers. ...
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Timeshare
A timeshare (sometimes called vacation ownership) is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time. Units may be sold as a partial ownership, lease, or "right to use", in which case the latter holds no claim to ownership of the property. The ownership of timeshare programs is varied, and has been changing over the decades. History The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons. They rotated seasons each year, so each family enjoyed the prime seasons equally. This concept was ...
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Starwood
Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. Starwood had 11 brands and owned, managed, or franchised 1,297 properties comprising 370,000 hotel rooms in approximately 100 countries. Starwood was founded in 1969 as a real estate investment trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. The company had a business partnership with American Express and a loyalty program. History Starwood Hotels and Resorts was originally formed by the real estate investment firm Starwood Capital to take advantage of a tax break; at the time the company was known as Starwood Lodging. Initially, Starwood Lodging owned a number of hotels throughout North America, all under different brand names. The Westin ...
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Timeshare
A timeshare (sometimes called vacation ownership) is a property with a divided form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each owner of the same accommodation is allotted their period of time. Units may be sold as a partial ownership, lease, or "right to use", in which case the latter holds no claim to ownership of the property. The ownership of timeshare programs is varied, and has been changing over the decades. History The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons. They rotated seasons each year, so each family enjoyed the prime seasons equally. This concept was ...
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Hilton Grand Vacations Club
Hilton Grand Vacations Club is a timeshare property located on the northern end of the Las Vegas Strip in Winchester, Nevada. The property was previously occupied by the El Rancho Vegas hotel and casino from 1941 until 1960, when it burned down. The land remained vacant until 2001, when Hilton Grand Vacations purchased a portion of the property and began construction of a 28-story timeshare tower. Construction was postponed after the September 11 attacks, as hotels owned by Hilton Hotels Corporation were financially suffering from a lack of tourism as a result of the attacks. Construction resumed in 2002, and the tower opened in February 2004. A second tower, standing 38 stories, began construction later that year and was completed in 2006. History The property began in 1941 as the El Rancho Vegas hotel and casino, located at the southwest corner of South Las Vegas Boulevard and Sahara Avenue, an area that would ultimately become the northern end of the Las Vegas Strip. The El Ran ...
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Nevada Supreme Court
The Supreme Court of Nevada is the highest state court of the U.S. state of Nevada, and the head of the Nevada Judiciary. The main constitutional function of the Supreme Court is to review appeals made directly from the decisions of the district courts. The Supreme Court does not pursue fact-finding by conducting trials, but rather determines whether legal errors were committed in the rendering of the lower court's decision. While the Court must consider all cases filed, it has the discretion to send appeals to the Nevada Court of Appeals for final resolution, as well as the power to determine the jurisdiction of that court. There are seven Justices on the court, who are elected to six-year terms in officially nonpartisan elections and who are not subject to term limits, which were rejected by voters in 1996. The Governor appoints Justices in the case of a vacancy. The most senior justice becomes Chief Justice for a two-year term. History When Nevada was admitted to the fede ...
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Chief Operating Officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if the highest-ranking executive is the chairperson and CEO. The COO is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive—usually the chief executive officer (CEO). Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and priva ...
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The Queen Of Versailles
''The Queen of Versailles'' is a 2012 American documentary film by Lauren Greenfield. The film depicts Jackie Siegel and David Siegel, owners of Westgate Resorts, and their family as they build their private residence – Versailles, one of the largest and most expensive single-family houses in the United States – and the crisis they face as the US economy declines. Synopsis David Siegel is the wealthy owner of Westgate Resorts, a timeshare company in Florida. His wife Jackie Siegel, thirty years his junior, was the winner of the Mrs. Florida pageant in 1993. They begin construction on the Versailles house, a vast mansion named after the Palace of Versailles. Located on the outskirts of Orlando, it would be one of the largest single-family detached homes in the United States if completed (the largest being North Carolina's Biltmore Estate at 178,926 square feet). However, Siegel's company is badly affected by the Great Recession in 2008, and his family struggles t ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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PH Tower - North - 2010-12-12
In chemistry, pH (), historically denoting "potential of hydrogen" (or "power of hydrogen"), is a scale used to specify the acidity or basicity of an aqueous solution. Acidic solutions (solutions with higher concentrations of ions) are measured to have lower pH values than basic or alkaline solutions. The pH scale is logarithmic and inversely indicates the concentration of hydrogen ions in the solution.Bates, Roger G. ''Determination of pH: theory and practice''. Wiley, 1973. :\ce = - \log(a_\ce) = -\log( ce\ce M) where M = mol dm−3. At 25 °C (77 °F), solutions with a pH less than 7 are acidic, and solutions with a pH greater than 7 are basic. Solutions with a pH of 7 at this temperature are neutral (i.e. have the same concentration of H+ ions as OH− ions, i.e. pure water). The neutral value of the pH depends on the temperaturebeing lower than 7 if the temperature increases above 25 °C. The pH value can be less than 0 for very concentrated strong acids, ...
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Soft Opening
A soft launch, also known as a soft opening, is a preview release of a product or service to a limited audience prior to the general public. Soft-launching a product is sometimes used to gather data or customer feedback, prior to making it widely available during an official release or grand opening. A company may also choose a soft launch to test the functionality of a product, allowing adjustments to be made before a wider release and marketing efforts are implemented. Computer related When implementing a soft launch strategy, a company releases a product with little or no marketing. A soft launch permits a company to react to customer demands quickly and effectively, introducing new features which will ultimately make the product successful. For companies with a limited budget, a soft launch can allow them to focus on product development rather than marketing. Website Soft launches can be used with websites to help roll out new features, test or tweak a design (or possible ...
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Jim Gibbons (American Politician)
James Arthur Gibbons (born December 16, 1944) is an American Attorney at law, attorney, Pilot (aeronautics), aviator, geologist, Hydrology, hydrologist and politician who was the List of governors of Nevada, 28th Governor of Nevada from 2007 to 2011. A member of the Republican Party (United States), Republican Party, he was previously the United States House of Representatives, U.S. representative for Nevada's 2nd congressional district from 1997 to 2006. Following his service in the United States Air Force, Gibbons served as vice commander of the Nevada National Guard from 1990 to 1996. He unsuccessfully ran for governor of Nevada in 1994 Nevada gubernatorial election, 1994, losing to incumbent Bob Miller (Nevada governor), Bob Miller. Two years later he successfully ran for the United States House of Representatives, House of Representatives, where he represented Nevada's 2nd congressional district from 1997 to 2006. Gibbons again ran for governor 2006 Nevada gubernatorial elec ...
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Sylvester Stallone
Sylvester Enzio Stallone (; born Michael Sylvester Gardenzio Stallone, ) is an American actor and filmmaker. After his beginnings as a struggling actor for a number of years upon arriving to New York City in 1969 and later Hollywood in 1974, he won his first critical acclaim as an actor for his co-starring role as Stanley Rosiello in ''The Lords of Flatbush''. Stallone subsequently found gradual work as an extra or side character in films with a sizable budget until he achieved his greatest critical and commercial success as an actor and screenwriter, starting in 1976 with his role as boxer Rocky Balboa, in the first film of the successful ''Rocky'' series (1976–present), for which he also wrote the screenplays. In the films, Rocky is portrayed as an underdog boxer who fights numerous brutal opponents, and wins the world heavyweight championship twice. In 1977, Stallone was the third actor in cinema to be nominated for two Academy Awards for Best Original Screenplay and B ...
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