In The Fantasy Tower-the most popular and most expensive-the 460-square-foot Fantasy Tower King Room has lovely, neutral decor, great art, and a marble bath. What can we expect from our room? Three towers all offer something a different. Pop culture fanatics know Palms from a season of MTV's 'Real World' and Katy Perry's 'Waking up in Vegas' video. What’s the story behind the hotel? Brothers Frank and Lorenzo Fertitta, owners of powerhouse properties like Red Rock Casino Resort & Spa, bought the Palms for $312.5 million in 2016. The casino floor itself, meanwhile, is packed with 40 new table games. The property's bold, edgy look includes a massive Damien Hirst shark sculpture, a hot-pink neon sign, new dining outlets, and much more. But when it was sold in 2016 to Station Casinos, its $690 million renovation was the biggest news in Las Vegas. With one of the city's best views and a California-commuter clientele, Palms was always the cool kid off the Strip.