Wednesday, August 14, 2019

MGM increases resort fees at 3 Las Vegas Strip properties - Las Vegas Review-Journal

MGM increases resort fees at 3 Las Vegas Strip properties - Las Vegas Review-Journal


MGM increases resort fees at 3 Las Vegas Strip properties - Las Vegas Review-Journal

Posted: 02 Aug 2019 12:00 AM PDT

After leaving resort fees steady for more than a year, MGM Resorts International has increased them at Aria, Vdara and Bellagio.

The $6 increase, announced Thursday, brings the daily resort fee to $45 at each of the properties, catching them up to other casino-resorts on the Strip such as Wynn Las Vegas, Encore, Palazzo and The Venetian.

"We are constantly evaluating prices to ensure they properly reflect the business landscape and the services and amenities they support," said MGM spokesman Brian Ahern.

The move comes just months after MGM Chief Financial Officer Corey Sanders and Chief Strategy Officer Aaron Fischer said the company had no plans to increase fees in 2019. MGM hadn't increased resort fees since March 2018.

An MGM spokesperson said the change was based on local and national market standards, including bundled costs of amenities and services.

Hotels say they charge resort fees to pay for the additional services they provide, such as gyms, pools and WiFi. All guests must pay the fee regardless of whether they use the services.

Spokespeople for Wynn Resorts Ltd. and Caesars Entertainment Corp. said the companies have no plans to change resort fees. Boyd Gaming Corp. spokesman David Strow said he didn't have information on future plans for resort fees. Spokespeople for Red Rock Resorts Inc. and Las Vegas Sands Corp. did not return requests for comment.

Hotel brands have been under fire for their use of resort fees in recent weeks.

The attorney general for the District of Columbia filed a lawsuit against Marriott on July 9 over its use of resort fees, accusing the company of deceiving customers by hiding a portion of its daily rates.

Later that month, the Nebraska attorney general filed a lawsuit against Hilton Hotels Corporation for its use of resort fees. The lawsuits come after an investigation into resort fees by the attorneys general of all 50 states.

The Review-Journal is owned by the family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson. Sands operates Palazzo and The Venetian.

Contact Bailey Schulz at bschulz@reviewjournal.com or 702-383-0233. Follow @bailey_schulz on Twitter.

MGM Resorts has huge plans for Empire City Casino in Yonkers. But it needs this first - The Journal News | LoHud.com

Posted: 14 Aug 2019 02:00 AM PDT

[unable to retrieve full-text content]MGM Resorts has huge plans for Empire City Casino in Yonkers. But it needs this first  The Journal News | LoHud.com

MGM owns Empire City Casino in Yonkers and wants New York leaders to lift a moratorium on new casino licenses that doesn't expire until 2023.

LVGEA Appoints MGM Resorts Executive, Mayors to Board of Directors - Yahoo Finance

Posted: 14 Aug 2019 09:00 AM PDT

Southern Nevada Mayors, CityCenter President and more join LVGEA 50


Las Vegas, Aug. 14, 2019 (GLOBE NEWSWIRE) --

Las Vegas Global Economic Alliance (LVGEA) has appointed four new members to serve the organization on the Board of Directors, known as LVGEA 50. They include CityCenter President & COO Steve Zanella from MGM Resorts International, Henderson Mayor Debra March, Boulder City Mayor Kiernan McManus and Las Vegas Councilman Brian Knudsen.

"We are thrilled to welcome four exceptional leaders to our growing Board of Directors," said Jonas Peterson President and CEO of LVGEA. "Their background, skills and expertise are in perfect alignment with our mission to grow Southern Nevada's economy."

Steve Zanella is President & COO of CityCenter, which includes ARIA Resort & Casino and Vdara Hotel & Spa. He oversees daily operations and provides strategic direction for the two ultra-luxury resorts. Zanella previously served as President of MGM Resorts' Core Properties in Las Vegas, where he oversaw operations at Park MGM, New York-New York Hotel & Casino, Luxor Hotel and Casino, Excalibur Hotel & Casino and Circus Circus Las Vegas. He played an instrumental role in the transformation of Park MGM's brand and its array of new amenities. Zanella also helped lead the company's newly formed Slot Strategy team.

"I am excited for the opportunity to serve as a board member with LVGEA, and I look forward to working alongside its distinguished membership," said Zanella. "I am honored to bring to the table my experience with MGM Resorts and perspective as President of CityCenter, which remains one of the city's most forward-thinking resort concepts.As Nevada's largest employer, MGM Resorts is deeply committed to growing the economy, supporting community development and fostering innovation and diversity."

Debra March, mayor of the City of Henderson, is a strong advocate of economic development and is working to attract new business, create jobs and diversify the economy. She is focused on developing West Henderson, Union Village and the redevelopment of the historic downtown and Lake Mead/Boulder Highway areas. As a Nevada resident for more than 40 years, Mayor March has built a career on helping Henderson and Nevada become better places to live.

"Throughout my time on the Henderson City Council and as mayor, I have worked hard to promote economic development and to bring new jobs and industry to our community," said Mayor March. "I am excited to bring this same focus to my new role as a member of the LVGEA board and to partner with the extraordinary leaders who make up this dynamic alliance.  Southern Nevada has one of the best business climates in the nation and through the continued efforts of LVGEA, we are poised to help take our region's economy to the next level."                    

Kiernan McManus, mayor of Boulder City, is a native to the area. As mayor and member of the Boulder City Council, Mayor McManus has worked to bring transparency to Boulder City's government and to ensure the city's finances are sound. He recognizes the importance of preserving history and heritage for future generations and has worked diligently to implement workable solutions for preservation.

"I am pleased to join the board of LVGEA and look forward to participating in the economic growth and diversification of Boulder City and all of Southern Nevada," said Mayor McManus. "I also look forward to working with the other board members in continuing the work of the Alliance in strengthening the economic base and attracting new businesses."

Brian Knudsen, City of Las Vegas Councilman, has built programs and services for people and populations in Las Vegas. He is a founding member of Downtown Achieves, which became the City of Las Vegas' inspiration for the Department of cYouth Development and Social Innovation. He also is a founding member of Nevada's Big Give, a one-day, online giving event that has raised nearly three million dollars for Nevada charities.

"As a former city employee I was engaged in the early planning process of what became the Las Vegas Global Economic Alliance," said Councilman Knudsen. "Now, as a newly elected official, I am thrilled to have the opportunity to work with Jonas, the staff at LVGEA and the board. I look forward to leveraging my work with the city and LVGEA to bring even greater economic diversity to Southern Nevada."

To download additional high-res photos, click here. For more information,visit lvgea.org.

About Las Vegas Global Economic Alliance
The Las Vegas Global Economic Alliance (LVGEA) is a public-private partnership dedicated to growing the economy in Southern Nevada through connectivity, community development, and strong business recruitment, retention and outreach. As Southern Nevada's regional development authority, the LVGEA's vision is to help residents thrive in a global economy by fostering a more prosperous, diverse and connected regional economy. To learn more, visit lvgea.org.

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Attachments

Danielle Smith
Las Vegas Global Economic Alliance
7025226848
danielles@lvgea.org

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