Reno casino, hotel will change hands again

By The Associated Press | Posted - May 5, 2015 at 12:12 p.m.



This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

RENO, Nev. (AP) — The Siena Hotel Spa Casino in downtown Reno is changing hands for the second time in its 14 year history.

The Reno Gazette-Journal reports (http://on.rgj.com/1zKywnq) that Grand Siena LLC says it has agreed sell the eight-story, 214-room property on the Truckee River at an undisclosed price.

A Monday news release from Grand Siena says the deal is expected to close this summer.

The release does not identify the buyer but says the new owner plans a multi-million-dollar renovation and will partner with an internationally recognized hotel and resort brand.

Grand Siena says existing employees will be able to interview for positions under the new owner.

Tribal gaming in California, a national recession and the 9/11 attacks have contributed to the Tuscany-themed Siena's struggle since opening its doors in summer 2001.

___

Information from: Reno Gazette-Journal, http://www.rgj.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast