The luxury business boom that made Atlantic City
Atlantic City, New Jersey is home to one of the most iconic boardwalks in the United States. First established in the 1800s as a health resort for wealthy Americans to visit and breathe the fresh sea air into their lungs, the city is now renowned for its businesses and luxury hotels. Atlantic City is in fact so iconic that some of the city’s most famous locations can even be found recreated online. If you’re familiar with the Atlantic City casino landscape, you’ll certainly know that Borgata Casino is one of the most famous, and now sites such as OddsChecker are offering promotions such as a Borgata promo code for the online wing. of the legendary Atlantic City casino. casino. That being said, “America’s Playground” is still worth visiting in person if you get the chance, with its grand malls and quaint hotels. Here, we examine the business boom that made Atlantic City what it is today.
The first days
Originally the home of the Lenape people, Atlantic City or AC as it is commonly known began to look like what we know today when it became a resort town in the mid-1800s. a property of choice by developers due to its location, nestled on both sides of the Atlantic Ocean. In 1853, the first hotel was built. The following year, Atlantic City was granted city status. Soon after, a train service was built linking AC to the Camden and Atlantic Railroad. And from there the boom started.
The boom really started in the early years of the 20th century, when many of the small guesthouses scattered along the city’s iconic promenade were demolished and replaced by grand hotels, with most of the owners of these places competing against each other. to build the largest and most ever built. more luxurious destinations. Rather quickly, the promenade grew from a small, quiet domestic area meant to keep sand away from hotel lobbies, to one full of dazzling grand hotels such as Brighton, Chelsea, Shelburne, Ritz Carlton and Madison House.
The world’s playground
During the 1920s, Atlantic City became known as The World’s Playground due to the lavish parties the city offered to its many tourists and residents, and by the end of the decade, Atlantic City was rapidly becoming the top tourist destination. most popular on the east coast during the summer months. Anything lavish, luxurious, and entertaining was encouraged—the city aimed to be a place where Americans could forget about their daily lives at home and live out their wildest fantasies. And this “American dream” would not last until the 1930s, when nightclubs such as the 500 Club, the Clicquot Club and the Jockey Club opened their doors. The city’s large black population has also seen an increase in countless Soul Food restaurants and rib joints, making the city a culinary destination to boot.
The 1980s saw new development in Atlantic City with the legalization of casinos and a massive increase in real estate development. Moguls, like Donald Trump, invaded the city and began to develop properties, casinos and hotels across the length and breadth of AC Trump. to increase its popularity and tourism. Mike Tyson was used as part of this drive, with most of his fights during his prime taking place in the city. By the late 1980s, there was also a plethora of high-rise condos intended for use as vacation homes or permanent residences as Atlantic City once again experienced a second wave of popularity as a tourist destination. But difficult times loomed on the horizon.
One of the biggest boosts to the town’s fortunes in recent years has been due to some of Hollywood’s finest filmmakers putting their creative talents to use on an award-winning prestige television show set in the height of Hollywood. ‘Atlantic City in the early 20th century. We’re of course referring to Terence Winter and Martin Scorsese’s Boardwalk Empire, a show that traces the ups and downs of protagonist Enoch Thompson, the city treasurer, who must navigate shifting alliances of politicians, investors and the mafia underworld in order to bring prosperity and glamor to the metropolis. This classic TV event has undoubtedly helped remind everyone of the city’s long and colorful history, and its success shows that the city, and its unique personal brand, is regenerating once again.
Atlantic City now
Tourism in Atlantic City began to decline with the redevelopment of the Las Vegas Strip and the opening of the Foxwoods Resort Casino and Mohegan Sun in Connecticut in the 1990s. The city remains a popular destination, despite being now less important than its Nevada rival. Yet the success of the Borgata Hotel, Casino and Spa, which became the largest hotel in all of New Jersey with nearly 3,000 rooms, inspired other investors to try to reclaim Atlantic City’s glory days. For the past 100 years, the city has held its own against all odds, and with TripAdvisor’s listing as one of the top trending vacation destinations in the United States last year, another peak period could be approaching for New Jersey’s hot spot. As the 2020s approach, the city is once again poised to reinvent itself with new luxury hotels, a thriving food scene and a huge arts community that is only getting bigger and more exciting with the Museum of Southern New Jersey’s African-American heritage. 12,000 pieces of African American art and artifacts. Museum owner Ralph E. Hunter told Forbes last year what makes Atlantic City so special, saying, “There’s something that happens to you when you come to Atlantic City.” And it’s as simple as that. Hunter commented on the healing properties of Atlantic City. About how the salty air opens your lungs and how the city embodies the American Dream. How the simple city alone makes you believe the future will be amazing. He is certainly a man of wise words and does a great job of selling Atlantic City to the world.
This article does not necessarily reflect the opinions of the editors or management of EconoTimes