In 2016, the resort was bought by Frank and Lorenzo Fertitta, billionaire art collectors and fight promoters, for $US312.5 million, according to the New York Post. The two have since poured money into the resort’s $US40,000-a-night two-story villas, a $US3 million Scotch whisky inventory, a Damien Hirst shark in the lobby’s bar, and numerous other artworks from the likes of Andy Warhol and Jean-Michel Basquiat.
“By the end of the $US620 million renovation, Palms will be a completely transformed property making it one of Las Vegas’ most sought-after destinations,” the resort’s general manager, Jon Grey, said in a statement sent to Business Insider.
It’s not all the reserve of the superrich, though. Resort rooms at the Palms start at $US139 a night, while suites start at $US199 a night.
Here’s a look inside the mega-renovation.
Palms’ new steakhouse, Scotch 80 Prime, offers “visually inspiring and engaging” dishes, such as a flaming Mesquite Fired Crustacean Tower and a Fire & Ice Banana Split.
It also has a $US3 million scotch inventory.
The resort’s rooftop nightclub, being rebooted as “Apex,” offers 180-degree views of the Las Vegas skyline. VIP bottle service is available for those who won big in the casino that day and for the celebrity clientele, such as Justin Timberlake.
Source: Page Six
The club’s four humanoid sculptures by the Brooklyn artist Dustin Yellin weigh 3,000 pounds each and are worth $US150,000 apiece.
The New York Post described the Palms as “practically a modern art museum” since being taken over by Frank and Lorenzo Fertitta. The resort features millions of dollars’ worth of original art from the likes of Andy Warhol, Jean-Michel Basquiat, and Damien Hirst, whose famous shark sculpture serves as the epicentre of the Unknown bar.
“Frank and Lorenzo have been huge supporters and collected my work for over 15 years,” Hirst told Condé Nast Traveller. “When they bought the Palms Casino they asked me if they could put ‘The Unknown (Explored, Explained, Exploded),’ a shark sculpture they had bought, in the bar. I looked at the plans and loved what they were doing with it, so I made the Spots to go around the room as well.”
Source: New York Post
Meanwhile, the Camden cocktail lounge features two Richard Prince paintings.
Source: Condé Nast Traveller
The hotel’s penthouses look straight out of “The Hangover” and come in what the Palms calls a “sensually masculine theme.” One-bedroom penthouses start at $US1,500 a night.
Source: Palms Casino Resort
More artwork is incorporated into the rooms, with pieces by Jordan Nickel and Sam Friedman “adding vibrant energy to the room,” according to the hotel.
The hotel’s suites start at a comparatively affordable $US199 a night and include a full wet bar, marble countertops, and unobstructed views of the Las Vegas skyline.
The jewel in the Palms’ crown, though, is its two-story sky villas, which you can enjoy for the princely sum of $US40,000 a night.
The villas sprawl over 8,500 square feet and feature a cantilevered infinity pool with views of the Las Vegas strip. The residences also feature their own redwood cedar sauna, massage room, and fitness room.
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