Hilton Sold

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The sale of Reno’s Hilton Hotel should mean more jobs for the Truckee Meadows, according to it’s new owners. Grand Sierra resorts bought the Mill Street property for 151-million-dollars. That sale became official Friday.

The new owners tell Newschannel 8 that there are no plans to cut staffing at the hotel, and that a 5 year major renovation will create many new construction jobs.

When completed, the Grand Sierra Resort will include retail stores, condos, and a massive indoor water park.