Detailed text transcripts for TV channel - FOXNEWS - 20140123:16:55:00
Crossed that line. >> reporter: after years of exceptional growth sin city came face-to-face with its transgressions t was simple economics. too many rooms, too much to do, but not enough people. >> i think we tipped the financial model during that era. >> reporter: sls hotels says the recipe for success is renovation, not new construction. they're renovating the old casino. down the road sees car caesar's palace is a new boutique hotel. the echelon which putted out in 2008. now a malaysian developer plans to rework the property into an asian-themed resort. >> there are a distressed assets in ...
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