Fontainebleau Resorts, LLC, is a

resort A resort (North American English) is a self-contained commercial establishment that tries to provide most of a vacationer's wants, such as food, drink, swimming, lodging, sports, entertainment, and shopping, on the premises. The term ''resort ...

hotel A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a ref ...

company started by

South Florida South Florida is the southernmost region of the U.S. state of Florida. It is one of Florida's three most commonly referred to directional regions; the other two are Central Florida and North Florida. South Florida is the southernmost part of th ...

real estate developers

Turnberry Associates Turnberry Associates is a real estate development and management company in the United States. The company has developed over $10 billion worth of properties during the course of its history. Current holdings in its portfolio include the Aventura ...

and the Plant family in 2005 after their purchase of the famous

Fontainebleau Hotel The Fontainebleau Miami Beach (also known as Fontainebleau Hotel) is a hotel in Miami Beach, Florida. Designed by Morris Lapidus, the luxury hotel opened in 1954. In 2007, the Fontainebleau Hotel was ranked ninety-third in the American Institute ...

Miami Beach, Florida Miami Beach is a coastal resort city in Miami-Dade County, Florida. It was incorporated on March 26, 1915. The municipality is located on natural and artificial island, man-made barrier islands between the Atlantic Ocean and Biscayne Bay, the ...

. The two families each hold a 50% stake in the company. The company is based in

Enterprise Enterprise (or the archaic spelling Enterprize) may refer to: Business and economics Brands and enterprises * Enterprise GP Holdings, an energy holding company * Enterprise plc, a UK civil engineering and maintenance company * Enterpris ...

Nevada Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. N ...

History

The company is headed by Turnberry Principal, Jeffrey Soffer, PLANTworldwide owner

Brett Plant Brett derives from a Middle English surname meaning "Briton" or "Breton", referring to the Celtic people of Britain and Brittany, France. Brette can be a feminine name. People with the surname * Adrian Brett (born 1945) English flutist and writer ...

, and former

Mandalay Resort Group Mandalay Resort Group (formerly Circus Circus Enterprises) was an American hotel and casino operator based in Paradise, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus Circus, as well as half of the Monte Carlo. In ...

President,

Glenn Schaeffer Glenn may refer to: Name or surname * Glenn (name) * John Glenn, U.S. astronaut Cultivars * Glenn (mango) * a 6-row barley variety Places In the United States: * Glenn, California * Glenn County, California * Glenn, Georgia, a settlement i ...

. The company currently has several ongoing hotel and

condominium A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex ...

development projects in

Miami Beach Miami Beach is a coastal resort city in Miami-Dade County, Florida. It was incorporated on March 26, 1915. The municipality is located on natural and man-made barrier islands between the Atlantic Ocean and Biscayne Bay, the latter of which sep ...

and

Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...

, with several more on the way, and Schaeffer has suggested that Fontainebleau will go public in order to raise money for their multibillion-dollar development plans. On April 17, 2007,

Publishing & Broadcasting Limited Publishing and Broadcasting Limited (PBL) was one of Australia's largest corporations. With interests primarily in media and gambling, for the entirety of its existence it was largely controlled by the Packer family. History Predecessors PB ...

announced that it had entered into an agreement to acquire 19% of Fontainebleau Resorts for $250 million. Schaeffer left Fontainebleau Resorts without comment in May 2009. Schaeffer was primarily responsible for securing more than $3 billion in loans for the

Fontainebleau Resort Las Vegas The Fontainebleau Las Vegas (formerly The Drew Las Vegas) is a hotel and casino currently under construction on the Las Vegas Strip in Winchester, Nevada. It is on the site previously occupied by the El Rancho Hotel and Casino and the Algiers Ho ...

project.

Properties

Fontainebleau Miami Beach The Fontainebleau Miami Beach (also known as Fontainebleau Hotel) is a hotel in Miami Beach, Florida. Designed by Morris Lapidus, the luxury hotel opened in 1954. In 2007, the Fontainebleau Hotel was ranked ninety-third in the American Institute ...

Subsidiary companies

*Fontainebleau Las Vegas LLC **Fontainebleau Las Vegas Holdings LLC **Fontainebleau Las Vegas Capital Corp.

References

Hotel chains in the United States Companies based in Enterprise, Nevada {{US-hotel-stub