Caesars Leisure is ready to rebrand its iconic Harveys Lake Tahoe property in Nevada as Caesars Republic Lake Tahoe Lodge & On line casino, marking a $160 million funding geared toward bringing a recent, trendy resort expertise to the South Shore. The transformation, which is already undeway, features a broad vary of enhancements designed to align with the scenic sophistication of Lake Tahoe and redefine luxurious within the area.
Resort-wide renovations to redefine luxurious:
The expansive renovation will span all 1.6 million sq. feetof the resort and introduce up to date design parts all through. Design agency Marnell Corporations is spearheading the mission, which begins with an overhaul of the resort foyer and extends throughout the resort towers and on line casino ground. One of many greatest upgrades consists of the 88,000-square-foot on line casino house, which is able to function new digital shows, upgraded tables and chairs, refreshed lighting, and carpeting. Slot machines may also be up to date, and new additions like a Excessive Restrict Room and a devoted World Sequence of Poker Room will improve the gaming expertise.
Company can anticipate the resort to stay open all through the transition. The official rebranding to Caesars Republic Lake Tahoe is scheduled for July 1, with additional renovations persevering with into 2025 and closing completion set for mid-2026. “Lake Tahoe is a shocking vacation spot, and we’re elated to convey a brand new world-class resort worthy of its attract to the lakefront,” mentioned Anthony Carano, President and COO of Caesars Leisure.
Each of the resort’s resort towers are present process intensive refurbishments. The Remus Tower, beforehand referred to as the Mountain Tower, will see all rooms renovated and choose suites upgraded with butler service. The Romulus Tower, previously the Tahoe Tower, can also be being refreshed following a serious rework accomplished in 2020.
The transformation additionally consists of new eating and lounge experiences. A spotlight will probably be Cleo’s Espresso and Cocktails, a trendy house that transitions from an informal daytime café into a classy cocktail lounge by night time. Fan-favorite venues akin to Gordon Ramsay HELL’S KITCHEN and WOLF by Vanderpump will stay, additional cementing the property’s upscale culinary profile.
“This transformation honors the storied historical past of Harveys whereas introducing trendy facilities and elevated experiences that may redefine luxurious in Lake Tahoe,” mentioned Karie Corridor, SVP and Common Supervisor of Harrah’s and Caesars Republic Lake Tahoe, through the corporate’s press launch.
Funding alerts confidence in Tahoe market:
That is the second Caesars Republic location to launch, following the 2024 debut of Caesars Republic Scottsdale. Not like the Arizona property, Caesars Republic Lake Tahoe will provide a full gaming expertise, together with desk video games, slots, and a Caesars Race & Sportsbook.
Caesars’ $160 million dedication displays the corporate’s broader confidence within the Lake Tahoe market. Whereas gaming income on the Las Vegas Strip dipped barely final yr, South Shore casinos reported a gross win of $244 million—an 8% improve over pre-pandemic figures from 2019. The area can also be attracting funding from different operators, together with Golden Nugget, which is endeavor its personal large-scale renovation of a close-by 539-room on line casino resort.
Throughout the road, Harrah’s Lake Tahoe, additionally operated by Caesars, is receiving its personal collection of enhancements. Renovations to the Summit Suites are underway, and the newly opened Brew Brothers is including a vibrant craft beer and eating aspect to the expertise. Further tech upgrades and enhancements are additionally deliberate to enrich the redevelopment at Caesars Republic.
Though Caesars manages the operations of Harveys, the property itself is owned by Vici Properties, the true property funding belief spun off from Caesars in 2017. These kind of tasks are sometimes financed by means of sale-leaseback constructions, with REITs like Vici or rival Gaming & Leisure Properties contributing capital in change for elevated rental earnings.
With intensive renovations deliberate throughout the board and completion anticipated by mid-2026, Caesars Republic Lake Tahoe is ready to usher in a brand new period of premium hospitality, positioning itself as a premier vacation spot on the lakefront.
