Travel Weekly's Las Vegas E-letter: June 1, 2004 June 01, 2004 Share 1 -- ROSSI RALENKOTTER, executive vp of the Las Vegas and Visitors Authority, will succeed Manny Cortez as the LVCVA's president and chief executive officer. Cortez, who has served as the LVCVA's president since 1991, will retire July 2. A Las Vegas resident since 1944, Cortez was a member of the LVCVA's board of directors for almost eight years. He also served four terms as a Clark County commissioner, beginning in 1976. Ralenkotter, a 51-year resident of Las Vegas, has been with the LVCVA since 1973. AMERICAN CASINO & ENTERTAINMENT PROPERTIES, a unit of American Real Estate Partners, completed its acquisition of Arizona Charlie's Decatur and Arizona Charlie's Boulder from Carl Icahn and an entity affiliated with Icahn for $125,900,000. As part of the deal, American Real Estate Holdings, a subsidiary of American Real Estate Partners, transferred 100% of the common stock of Stratosphere Corp., which owns the Stratosphere Casino Hotel & Tower, to American Casino. The company now owns and operates the three hotel-casino properties.HAWAIIAN MARKETPLACE, a Polynesian-themed retail, entertainment and dining complex inspired by the famed Int'l Marketplace in Honolulu, opened last week on the Strip. The $175 million, 80,000-square-foot marketplace features re-creations of Banyan trees, a statue of King Kamehameha, tropical plants, and a flock of animatronic birds that sing, dance and tell Hawaiian folktales. To entertain shoppers, there's Team Aloha, a Las Vegas-based troupe of island-born performers who dance, tell stories and make crafts, as well as Samoan fire-knife dancers, who juggle and twirl flaming knives. Tenants in the marketplace range from clothing retailers to food and beverage outlets. There's a 7-Eleven convenience store and a wedding chapel, Weddings on the Strip.MONTELAGO VILLAGE RESORT AT LAKE LAS VEGAS added almost 1,900 square feet of function space. The two new rooms, Villaggio I and Villaggio II, offer 636 square feet and 1,258 square feet of space, respectively, or they also can be combined to offer one large space. The new rooms can accommodate classroom seating for 131 people, theater seating for 210, a banquet setup for 157 or a reception for 200. With the addition of the Villagio rooms, the property, which has six other meetings' rooms -- all of which are wired for audio-visual presentations, teleconferencing and high-speed Internet access -- now features more than 6,000 square feet of function space. To make booking meetings easier, the resort created a conference package that bundles accommodations, breakfast, morning and afternoon breaks, meetings' space and a standard audio-visual package into one rate, starting at $108 per person, per night. Lunch and/or dinner also can be added to the package price, which varies by season and does not include taxes. Group activities are available and range from dinner yacht cruises and golf tournaments to Grand Canyon helicopter tours and team-building events. The resort features studio, one-, two- and three-bedroom accommodations, all with high-speed Internet access, robes, hairdryers, irons and ironing boards and DVD players.TRAVEL AGENTS curious about MonteLago Village Resort can take advantage of the property's fam rate -- 50% off rack rates -- which is valid year round. Commissionable room rates start at $129 per night. Agents can find MonteLago Village under chain code LM. For more information or to make an agent reservation or a group booking, call (866) 399-2753 or visit www.montelagovillage.com.