Vdara Hotel & Spa – Las Vegas, Nevada

Min. Invest


Total Raise


Target Hold

12 Months

Annualized Returns


About this project

This fund is to purchase two (2) condo units located in the Vdara Hotel & Spa in Las Vegas, Nevada for the expansion of the ResClubs Membership Program. Revenue will be generated through short term rentals via a large international property management company as well as various revenue streams tangential to the Membership Program. Investors who hit certain thresholds of contribution will also benefit from a usage component which will allow them to stay in one of the units at no cost of lodging. 

Note: There is no RESCLUB vacation program usage associated with the pure, short-term vacation investment program.

Per statista.com “Las Vegas is located in the state of Nevada in the west of the United States. In January 2019, a survey found that Las Vegas was the second most popular destination U.S. travelers would like to visit in the next year, after New York. It is most commonly known for its gambling resorts and nightlife, but the city is also a hub for business, conventions, and meetings. Vegas is also popular with leisure travelers with many tourists visiting the city for its famous casinos. In 2018, 74 percent of visitors to Las Vegas stated that they gambled while visiting. Las Vegas is by far the largest casino market in the U.S. and is home to the largest casino company in the world in terms of revenue, Las Vegas Sands.

Due to the impact of the coronavirus (COVID-19) pandemic, the number of visitors to Las Vegas in the United States dropped sharply in 2020 over the previous year. In 2020, Las Vegas recorded roughly 19 million visitors, whereas it attracted over 42 million people in 2019.”

According to the Las Vegas Convention and Visitors Authority the national average for hotel occupancy is 66.2% where as the Las Vegas Strip has an occupancy of 89.5%. Las Vegas has seen more than 35 million visitors a year from 2000 – 2019 with 5 of those years 2014 – 2019 seeing more than 41 million visitors.

Vdara is located within the MGM Resorts CityCenter Campus. CityCenter is truly the Mecca of Las Vegas located between Bellagio and Park MGM. Vdara has a direct access bridge into Bellagio to the north and Aria Resort and Casino to the south, both less than a one-minute walk away. Additionally, Vdara is less than a three-minute walk to The Cosmopolitan of Las Vegas (resort and casino), The Shops at Crystals CityCenter, and less than a 10 minute walk to Park MGM and T-Mobile Arena.

The 4 properties, rent and member ready will cost $1,449,000. The marketing launch costs and administration, are expected to be $200,000. Reserve for contingency is $200,000

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