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Articles tagged “mgm resorts”

Coronavirus

Giving Away the House? Las Vegas Resorts Reopen With Rock-Bottom Rates

Vegas casino operators may care more about occupancy over daily rates in the initial recovery, but prolonged room discounts can alter guest rate expectations — and sink hotel revenue streams for the long-term.

Giving Away the House? Las Vegas Resorts Reopen With Rock-Bottom Rates

Coronavirus

MGM Resorts Plans Early June Reopening for 4 Las Vegas Properties

The whirring sound of slot machines is coming back to the Las Vegas Strip, but it will be awhile before Sin City is back to normal operations.

MGM Resorts Plans Early June Reopening for 4 Las Vegas Properties

Hotels

MGM Resorts Reports Data Breach Affecting Nearly 11 Million Guests

Travel isn't the only industry that has more than its share of data breaches. But the industry must take data security much more seriously. Guests demand it.

MGM Resorts Reports Data Breach Affecting Nearly 11 Million Guests

Hotels

MGM Resorts CEO Jim Murren Is Leaving Before Contract Expires

When a CEO announces his departure and the shares jump, you know somebody is happy for change. The search for Jim Murren's successor at MGM Resorts is a huge opportunity to do things differently. Let's see if the board goes bold with its pick.

MGM Resorts CEO Jim Murren Is Leaving Before Contract Expires

Hotels

MGM Resorts Enters Deal With Private Equity Giant Blackstone Over Las Vegas Properties

MGM Resorts has agreed to sell two of its most notable Las Vegas properties, MGM Grand and Mandalay Bay, to a joint venture including real estate giant Blackstone. The company is going asset-light following its sale of the Bellagio last year.

Hotels

MGM Resorts Leads U.S. Travel Sector With Job Cuts So Far in 2019

The U.S. is enjoying a tight labor market. But not every company is thriving. Data exclusively compiled by outplacement firm Challenger, Gray & Christmas reveals the most notable job cutbacks in 2019 by companies in the hotel, attractions, airline, and airport sectors.

MGM Resorts Leads U.S. Travel Sector With Job Cuts So Far in 2019

Online Travel

Hoteliers Take a Harder Look at How They Set Room Rates

Amateurs cut rates to fill hotel rooms. Pros take more sophisticated approaches, such as coordinating to stimulate demand from the most profitable customers.

Hoteliers Take a Harder Look at How They Set Room Rates

Hotels

MGM Resorts’ New Exec Hire Signals a Transformation to an Experience Platform

It likely won't be the only, or the last, hospitality company to do the same.

MGM Resorts’ New Exec Hire Signals a Transformation to an Experience Platform

Hotels

The Most Highly Compensated Hotel CEOs of 2017

We can only hope that a large portion of Steve Wynn's $34 million compensation from last year will go to his multiple alleged victims.

The Most Highly Compensated Hotel CEOs of 2017

Hotels

CEO Interview: The Future of Boutique Hotels Is to Go Big

Can such a thing as a boutique or lifestyle casino resort with nearly 3,000 rooms actually work? We'll find out soon.

CEO Interview: The Future of Boutique Hotels Is to Go Big