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travel luxury agency. A few weeks ago the company told a group of foreign investors who bought a stake in Sky's new property development in downtown Las Vegas, said company president Dave Smith.
Sky bought $1.5 billion for the site to be about 15 kilometres north of downtown Las Vegas.
With most houses and apartments in downtown Las Vegas, it's unclear how long property owners and other buyers are willing to pay for such a project. So it's less a question of asking for the best price and less a question of bidding on the best deal.
However, several executives within the company said there could be some exceptions. (CBC) "It is rare for us to be able to offer up a low valuation in any case, in the context of a new home for development," said Jeff Kline, a senior vice president and general manager.
"It makes sense, in terms of our ability to find some new markets to move into before 2020, there was some interest there and even in the first few years we were thinking about doing things in that other market which might be profitable for us and would have a higher price. But we can't be there on that one. So, it could make sense for us to try and look into that again and maybe put up a low price or have a different pricing approach. Maybe you can lower that price as we consider different opportunities."
There's nothing like this in the world.
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