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$7,500 Will Get You Everything At One Las Vegas Hotel

For a measly $7,500, you can get EVERYTHING at one Las Vegas hotel. In fact, at the Artisan Hotel in Las Vegas, Nevada, you can rent the ENTIRE hotel including the ultra lounges, the dining room, the spas, the outside patio, the indoor and outdoor wedding chapel and ALL 63 rooms in this hotel. This is a good deal, especially if you have a certain event you need to manage and need a whole hotel to satisfy all of your guests.

You don’t need to be as rich as Steve Wynn or Sheldon Adelson to control a Las Vegas hotel. In fact, all you need is $7,500.

That’s how much it costs to rent out the entire Artisan Hotel, including its ultra lounge, bar, pool, private dining rooms, outdoor patio, indoor and outdoor wedding chapel and all 63 rooms.

Granted, the $7,500 is the base rate. You’ll pay more on New Year’s Eve or during big conventions and busy weekends, such as next month’s Super Bowl. And yes, $7,500 for 63 rooms works out to be $119 per room, which is neither a great deal nor particularly expensive for Las Vegas.

But then again, most rooms don’t come with their own pool and wedding chapel.

Complete buyouts aren’t unheard of in the hospitality industry. During conventions or the banquet season, companies and trade groups often will buy out an entire restaurant, bar or nightclub for a few hours to host a meeting or event.

But in a city with some of the world’s largest hotels, buying out an entire property is rare.

The Artisan is owned by the Siegel Group, a real estate investment company that has seven other hotels in its hospitality portfolio, including the Resort on Mount Charleston. The Artisan is located on the southeast side of the Sahara Avenue-Interstate 15 overpass near Highland Drive in an industrial area.

The feel of the Artisan isn’t the old Vegas vibe of Fremont Street casinos or the ultra lounge chic places like the Aria or the Cosmopolitan. And it’s not Motel 6 either. The decor is eclectic and funky, with wood and richly colored fabrics prevalent.

The Siegel Group purchased the hotel in 2009. The property has no gaming, but Michael Crandall, senior vice president for the Siegel Group, said he hopes to add video poker in the bar later this year.

CORRECTION: An earlier version of this story incorrectly reported that Gold Spike is a Siegel Group property and the number of hotels in Siegel Group’s hospitality portfolio. It is a former property, and Siegel owns a total of eight hotels in its hospitality portfolio. | (January 24, 2017)

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