Columbia Sussex Company Description
Columbia Sussex develops and manages more than 70 hotels and casinos in about 30 states. Its hotels operate under banners such as Hilton, Marriott, and Starwood. Its casinos are located in states such as Mississippi (Lighthouse Point), Louisiana (Amelia Belle), and Nevada (Lake Tahoe Horizon). CEO William Yung and his family own Columbia Sussex. Gaming affiliate Tropicana Entertainment filed for Chapter 11 in 2008. Columbia Sussex is not a part of the bankruptcy filing. However, the troubled Yung is losing more than $500 million from the bankruptcy, which is resulting in Tropicana canceling management-services contracts with Columbia Sussex worth more than $1 million a year. Yung founded the company in 1972.
View the Comprehensive Company Description for Columbia Sussex
The Company Description provides a historical perspective of Columbia Sussex's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Columbia Sussex's evolution in the marketplace.
