The International Hotel was sold to Hilton Hotels Corporation in 1970 and renamed the Las Vegas Hilton in 1971. In 1998, Hilton Hotels Corporation split their properties and stock into two different companies (Hilton gaming, and Hilton Hotels). Shortly after the split, Hilton Gaming Company merged with Bally Entertainment Corporation (owners of Bally's Hotel). The company was re-named Park Place Entertainment. In 2000, Park Place Entertainment purchased Caesars Palace. In 2003 Park Place Entertainment changed their name to Caesars Entertainment. In 2004, Caesars Entertainment sold the Las Vegas Hilton to Colony Capital LLC for $280 million. Colony Capital transferred the property to Resorts International Holdings, a Colony Capital company also known as Resorts International. The Las Vegas Hilton is now Resorts International anchor property, with their corporate office located on the second floor of the east tower.
The International Hotel was sold to Hilton Hotels Corporation in 1970 and renamed the Las Vegas Hilton in 1971. In 1998, Hilton Hotels Corporation split their properties and stock into two different companies (Hilton gaming, and Hilton Hotels). Shortly after the split, Hilton Gaming Company merged with Bally Entertainment Corporation (owners of Bally's Hotel). The company was re-named Park Place Entertainment. In 2000, Park Place Entertainment purchased Caesars Palace. In 2003 Park Place Entertainment changed their name to Caesars Entertainment. In 2004, Caesars Entertainment sold the Las Vegas Hilton to Colony Capital LLC for $280 million. Colony Capital transferred the property to Resorts International Holdings, a Colony Capital company also known as Resorts International. The Las Vegas Hilton is now Resorts International anchor property, with their corporate office located on the second floor of the east tower.