This tower is the oldest at Caesars Palace first opening in 1966. The last major renovation to the tower was back in 2001.
The rooms appear to have a somewhat standard modern look. Very grey with a little bit of gold mixed in. The 55 inch TV is nice, and the bathroom looks huge if we can trust the publicty pics:
Photos: Caesars Palace.
Once the most affordable tower at Caesars Palace, the new upgraded rooms will now be more inline with the rest of the property. Rates will be starting at $149.
The cost of the tower renovation is a cool $75 million. Not small money for a company in bankruptcy, but it appears the courts are allowing the renovation as part of a standard capital expenditure plan. The fact is that real estate needs to be maintained, and even Caesars creditors stand to benefit since a remodel like this will likely bring in much higher revenue for the company.
