They successfully brought back personalized service and “Vintage Vegas” glamour back to downtown. In 2004, with their first venture into the gaming business, Breitling and Poster acquired the Golden Nugget hotel-casino properties in Las Vegas and Laughlin, Nevada, for $215 million and became the youngest casino owners in the state. Breitling was a member of the board of directors of Expedia in 20, and Poster has served as a member of the Board of Directors of publicly traded hospitality company Station Casinos (now called Red Rock Resorts (NYSE: RRR).
A year later, the partners oversaw the acquisition of Travelscape by Expedia, Inc., in a deal valued at more than $100 million. They capitalized on the growth of Las Vegas, the overall hospitality industry, and of the Internet, propelling sales to $104 million in 1999. In 1998, Breitling and Poster co-founded. They turned the company into one of the world’s largest consumer-direct hotel room distribution systems. Together, Breitling and Poster revolutionized the travel industry by creating the “merchant model” for hotel and vacation package reservations. The journey began in 1990, when Poster founded a small travel company, and in 1993 Breitling moved to Las Vegas with $100 in his pocket and joined his business partner, Tim Poster, to help run the startup company Las Vegas Reservation Systems, Inc.
