The Dallas Trader Vic's opened in 1967 in what was then the Dallas Hilton. It closed in the spring of 1989, but was kept somewhat intact, with much of the original decor still in place. Over the next 20 years, the space was available for private rentals. In 2006, the hotel became the Hotel Palomar, and plans got underway to reopen the Trader Vic's. Trader Vic's finally reopened, looking every bit the classic Trader Vic's it was, in March 2007. Sadly, a burst pipe in January 2010 led to the restaurant closing.
The site is now known (as of 2021) as the Dallas Hotel Indigo.