Overview
The Ocean Resort Atlantic City is a luxury casino hotel located in Atlantic City, New Jersey, United States. The property was originally known as Revel Casino Hotel when it first opened its doors on April 2, 2012. However, after facing financial difficulties and closing for several years, the resort reopened under new management as Ocean Resort on June 27, 2018.
Early History
Revel Casino Hotel was developed by the https://oceancasino.ca Morris Bailey-led group of investors with a $2.4 billion budget. The property featured an impressive array of amenities, including over 1,900 hotel rooms and suites, numerous dining options, a rooftop pool, and an entertainment complex hosting events such as concerts, comedy acts, and sporting events.
Bankruptcy and Closure
Despite initial success, Revel faced significant financial difficulties due to increased competition from other Atlantic City casinos. The property struggled with declining revenues, eventually filing for Chapter 11 bankruptcy protection in March 2013. After unsuccessful attempts at reorganization, the casino was forced into a liquidation sale, which included its closure on September 2, 2014.
New Ownership and Rebranding
In June 2018, new ownership under Glenn Straus’s entity, Brookfield Business Partners (alongside other investors), took over the former Revel property. The rebranded Ocean Resort underwent significant renovations to revive the complex as a premier destination for leisure and entertainment. Under the guidance of Tom Wachtell – CEO of Tropicana Entertainment at that time – the new management aimed to attract both local residents and tourists with a revised product offering an enhanced guest experience.
Key Features
The modernized Ocean Resort now boasts 1,400 hotel rooms (a reduction from its original capacity), as well as four distinct restaurants. These include:
- American Cut , specializing in steak and seafood;
- Dolce Mare for Italian cuisine;
- Stripsteak by Strip House focusing on premium cuts of beef; and
- Kora Shores’ own restaurant, located next to the beach
Guests can enjoy gaming options across approximately 160,000 square feet of casino space, featuring slots, table games, a poker room, and a dedicated area for high rollers. The property is also home to an expansive pool deck with multiple pools.
Services and Amenities
Some notable services at Ocean Resort include:
- Complimentary Wi-Fi for all guests
- State-of-the-art fitness center accessible 24/7
- Luxurious spa offering treatments
- Multiple meeting rooms with varying capacities
Additionally, the property has partnered with various local establishments to provide exclusive offers and experiences.
Reopening Response
The Ocean Resort’s grand reopening in June 2018 marked a significant return to prominence for Atlantic City. As one of only two non-casino based hotel properties still operational within the city limits at that time (with Hard Rock Hotel & Casino Atlantic City opening later), the property aimed to fill the void left by Revel, catering towards high-end clientele seeking an upscale getaway experience.
Ocean Resort’s rejuvenated brand identity embodies its revitalized purpose as a beachfront playground featuring entertainment options ranging from luxurious relaxation spaces like poolside cocktail lounges to sports betting areas allowing patrons to engage with both physical and electronic gaming experiences alike. By tailoring services towards the growing market segment drawn toward casinos incorporating non-gaming attractions such as live events, shopping outlets offering premium retail opportunities along their extensive casino floors – Ocean Resort now targets a niche within this lucrative demographic specifically catering those willing invest significantly leisure pursuits.
Impact
The reopening has indeed given Atlantic City another chance to shine. Offering unparalleled luxury amenities in an already thriving entertainment hub will only help attract even more visitors looking for the ultimate experience, injecting economic growth back into local businesses while solidifying its standing among other beachfront destinations worldwide.
Ocean Resort’s rebranding as a full-service gaming establishment complements current trends by incorporating various aspects essential today such as technology integration within each aspect.