The Hard Rock & Hotel in Las Vegas has a new billionaire owner. According to a press conference held Friday outside of the hotel, Virgin Hotels confirmed that it had bought the iconic Vegas hotel. the hotel will reportedly remain open and under construction throughout 2019, but, after that point, it will become apparent that it is owned by Richard Branson.
First and foremost, the Virgin founder confirmed that the iconic guitar outside of the hotel will probably vanish from existence. The contents of the deal weren’t disclosed, except, for the deal took place thanks to a number of different partners including some in Los Angeles. The Hard Rock Hotel will no longer be under control of the Hard Rock brand when the 2019 deadline comes, per Branson’s representative.