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Articles tagged “mgm resorts”

Coronavirus

MGM Resorts Plans Nearly $4 Billion Las Vegas Hotel and Casino Sale to Blackstone

The future of a casino empire has less to do with owning mega-resorts and more with operations and innovation around things like internet gaming. MGM Resorts continues its streak of sale-leaseback deals with Blackstone to maintain its Las Vegas presence but shed real estate ownership.

MGM Resorts Plans Nearly $4 Billion Las Vegas Hotel and Casino Sale to Blackstone

Coronavirus

Hilton Goes All-In on a Vegas Future With $4.3 Billion Resort

Hilton’s rapid growth in Sin City signals the company sees a full travel rebound for Las Vegas, which greatly suffered from a year of no major events during the pandemic. But developing a successful Las Vegas mega-resort doesn't come cheap: Celine Dion wouldn't leave Caesars Palace for pennies.

Hilton Goes All-In on a Vegas Future With $4.3 Billion Resort

Coronavirus

4 Key Takeaways From Skift’s Hospitality and Marketing Summit

The hotel industry is riding high on a summer surge of demand, but labor shortages and changing guest tastes mean this industry has to adapt fast as it looks to reignite revenue drivers beyond leisure travelers.

4 Key Takeaways From Skift’s Hospitality and Marketing Summit

Coronavirus

MGM Resorts Gears Up for a Booming Las Vegas Summer of Returning Live Events

Relaxed restrictions on crowds puts Sin City on track for an accelerated recovery over the duration of the rest of 2021, but MGM Resorts still has to grapple with a lagging comeback in Macao, its other key gaming market.

MGM Resorts Gears Up for a Booming Las Vegas Summer of Returning Live Events

Coronavirus

Japan Added Thousands of Hotel Rooms Ahead of the Olympics: Now What?

The pandemic shows just how futile it is to build a hotel just for the sake of an event like the Olympics. Real estate is a long-term play.

Japan Added Thousands of Hotel Rooms Ahead of the Olympics: Now What?

Coronavirus

NFL, Restaurateur Danny Meyer Back Digital Health Passports Through Investment in Clear

Big league backers are seeing the potential of digital health passports, and not just for flying.

NFL, Restaurateur Danny Meyer Back Digital Health Passports Through Investment in Clear

Online Travel

Helicopter Taxi Service Blade Goes Public Through Blank-Check Company

Airbus-backed Blade thinks Asia is where the action is, with plans to expand there after this latest blank-check deal. Keep an eye on similar so-called SPAC deals in travel in the new year.

Helicopter Taxi Service Blade Goes Public Through Blank-Check Company
Free Read

Online Travel

Skift Global Forum Video: Fueling Growth Through Digital Transformation

In this video conversation from Skift Global Forum we hear from Jeanne Jones, Vice President, Head of Customer Community, Amperity and Prakash Ranjan, Vice President, Marketing Technology, MGM, about how to meet the changing needs of the modern traveler and MGM’s journey towards becoming a digital powerhouse. 

Skift Global Forum Video: Fueling Growth Through Digital Transformation

Coronavirus

Will Las Vegas Resorts Survive a Year of No Conventions?

Can the show go on in Sin City while so many events and conventions can’t? Sure — if you have a few billion in the bank to tide your resorts over for a year.

Will Las Vegas Resorts Survive a Year of No Conventions?

Business Travel

When Work From Home Turns Into Work From a Hotel Suite: The New Corporate Travel

Freed from the shackles of the office, the emerging "work from anywhere" trend is tempting for employees — and hotels. Some employers might have a different view.

When Work From Home Turns Into Work From a Hotel Suite: The New Corporate Travel