Sign up for our newswire newsletter

 

Tropicana Acquires Shuttered Atlantic City Hotel

ATLANTIC CITY, N.J.

Tropicana Entertainment Inc. announced that its subsidiary, Tropicana Atlantic City Corp., has acquired The Chelsea Hotel in Atlantic City, N.J. Tropicana plans to integrate The Chelsea Hotel, which is located directly across Morris Ave. from Tropicana Atlantic City, into Tropicana Atlantic City's existing operations as "The Chelsea Tower at Tropicana Atlantic City,” and expects to open The Chelsea Tower in August 2017.

The hotel is not a part of the PILOT program, and is subject to local property taxation.  

"We are pleased with this acquisition and the opportunity to offer our guests more hotel room options on [the boardwalk]," said Tony Rodio, the Tropicana’s president and CEO. "The Chelsea Tower is a great addition to our four existing hotel towers at Tropicana Atlantic City. Guests will be able to enjoy a boutique hotel feel while having full access to all resort options at Tropicana Atlantic City.”

The Chelsea Tower consists of a 20-story oceanfront hotel tower with many rooms boasting sweeping ocean and bay views, stylish decor with retro charm and an adjoining low rise hotel structure.

Combined the buildings will feature 330 hotel rooms. The Chelsea Tower's Cabana Club pool and bar will offer cabanas and beverages. Tropicana is working on plans to improve the property, including a skyway bridge linking Chelsea Tower to Tropicana Atlantic City, F&B offerings and additional meeting space.

Guests can expect the same service and amenities they receive at Tropicana Atlantic City and they will have access to Tropicana's facilities including 24 dining options, 25 shops and 18 nightlife experiences.