SLS to assume control of W hotel

The W hotel brand is leaving the Las Vegas Strip.

The SLS casino-hotel on Wednesday announced it will assume control of the W Las Vegas, which currently occupies one of the property's three towers.

The change at the property on the northern end of the Strip will take place Friday.

The SLS in a statement says existing reservations for the W hotel past Friday will be honored.

The SLS is undergoing a $100 million renovation that began after San Francisco-based Stockbridge Capital Group sold it to the Meruelo Group earlier this year.

The property, formerly known as the Sahara, has 1,615 rooms and suites.