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Showing posts from November, 2020

MGM Resorts gains $700M from deal with landlord - Las Vegas Review-Journal

MGM Resorts gains $700M from deal with landlord - Las Vegas Review-Journal MGM Resorts gains $700M from deal with landlord - Las Vegas Review-Journal Posted: 18 May 2020 12:00 AM PDT MGM Resorts International has cashed in on $700 million worth of operating partnership units with its affiliated real estate investment trust, MGM Growth Properties. The move gives MGM Resorts more liquidity amid the COVID-19 pandemic. Acting CEO and President Bill Hornbuckle said he's optimistic that future redemptions will occur at higher prices; MGM Resorts has until February 2022 cash out on another $700 million worth of units through its agreement with the REIT. "As we gear up to reopen and safely welcome our guests once again at our properties across the U.S., maintaining a strong balance sheet and preserving our financial flexibility remain critical pillars of long-term success," Hornbuckle said in a Monday news release. As of March 31,

6 Super Cheap Hotel Deals Under $50 This Week In Las Vegas - Narcity USA

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6 Super Cheap Hotel Deals Under $50 This Week In Las Vegas - Narcity USA 6 Super Cheap Hotel Deals Under $50 This Week In Las Vegas - Narcity USA Posted: 14 Jul 2020 12:00 AM PDT If you're looking for a little getaway or even a stay-cation, these bargains are sure to give you a run for your money. Some Las Vegas hotels are offering fantastic deals for a perfect budget-friendly trip. Grab those swimsuits and get ready for some fun under the blazing sun. Hey you! Subscribe to Las Vegas for all the latest and greatest stories. Now you don't have to worry about having enough money for those giant drinks . With rooms this cheap, you will be rolling in enough change for the slot machines and extra guac at Chipotle if you want it. Give your Vegas crew a call and have everyone meet you on the Strip for an epic adventure that won't even come close to breaking the bank well, hotel-wise, at least. You can get all of the luxuries for

MGM Resorts International Named the 2020 "Responsibility" HEROES By the Western Regional Minority Supplier Development Council - PRNewswire

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MGM Resorts International Named the 2020 "Responsibility" HEROES By the Western Regional Minority Supplier Development Council - PRNewswire MGM Resorts International Named the 2020 "Responsibility" HEROES By the Western Regional Minority Supplier Development Council - PRNewswire Posted: 17 Nov 2020 12:00 AM PST LAS VEGAS , Nov. 17, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM ) was the recipient of the "Responsibility" H.E.R.O.E.S award from the Western Regional Minority Supplier Development Council (WRMSDC) for the company's leadership in inclusion and sustainable programs that allow Minority Businesses (MBE) to thrive. The H.E.R.O.E.S. award, which stands for Heart. Excellence. Responsibility. Opportunity. Equality. Service., is bestowed upon an organization in recognition of their commitment to supplier diversity, advancing minority business success, and building economic wealth in Northern

London suffers worst fall in job vacancies among major European cities - The Guardian

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London suffers worst fall in job vacancies among major European cities - The Guardian London suffers worst fall in job vacancies among major European cities - The Guardian Posted: 29 Nov 2020 10:01 PM PST London has suffered the biggest fall in job opportunities among Europe's biggest cities, according to a report showing that national capitals across the region have been damaged most by Covid-19. Britain's capital is also among five of the biggest cities in western Europe – London , Berlin, Madrid, Paris and Rome – that have recorded a larger drop in new job adverts than elsewhere in their respective countries, according to Indeed. The world's largest jobs website said tougher restrictions applied by governments across the continent to contain the second Covid wave had extracted the heaviest price for the jobs markets of these usually dominant cities. Comparing posting trends on its platform for the year up to 6 November wi

Theme Hotel Market: Comprehensive study explores Huge Growth in Future - The Market Feed

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Theme Hotel Market: Comprehensive study explores Huge Growth in Future - The Market Feed Theme Hotel Market: Comprehensive study explores Huge Growth in Future - The Market Feed Posted: 30 Nov 2020 02:01 AM PST Latest Study on Industrial Growth of  COVID-19 Outbreak-Global Theme Hotel Market  2019-2025. A detailed study accumulated to offer  Latest insights about acute features of the COVID-19 Outbreak- Theme Hotel market . The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. The Major Players Covered in this Report:

MGM Resorts to close Mirage, Mandalay Bay hotels midweek due to visitor slump - Reno Gazette Journal

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MGM Resorts to close Mirage, Mandalay Bay hotels midweek due to visitor slump - Reno Gazette Journal MGM Resorts to close Mirage, Mandalay Bay hotels midweek due to visitor slump - Reno Gazette Journal Posted: 25 Nov 2020 08:38 AM PST CLOSE The coronavirus casino closure is ending, with cards to be dealt, dice to roll and slot jackpots to win starting Thursday in Las Vegas and throughout Nevada. (June 4) AP Domestic LAS VEGAS – Due to a lack of demand in the aftermath of COVID-19 travel fallout , MGM Resorts will shut down hotel operations during the midweek at the Mirage and Mandalay Bay resorts. Starting on Nov. 30, the hotel towers at Mirage and Mandalay Bay will open at noon on Thursdays and stay open until noon on Mondays. Casinos, restaurants and amenities inside The Strip resorts will remain open.  "We are constantly evaluating occupancy levels and adjusting operations accordingly,"

Tourism drop due to COVID-19 prompts some Las Vegas hotels to close midweek - Fox News

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Tourism drop due to COVID-19 prompts some Las Vegas hotels to close midweek - Fox News Tourism drop due to COVID-19 prompts some Las Vegas hotels to close midweek - Fox News Posted: 04 Nov 2020 12:00 AM PST The Park MGM's Las Vegas Strip hotel will temporarily close midweek as the COVID-19 pandemic has slowed tourism. The hotel has been dealing with low midweek occupancy rates and a dearth of events as the holidays approach, the Las Vegas Review-Journal reported. The hotel will close from noon Mondays to noon Thursdays, the Review-Journal reported, citing a letter to staff from MGM Resorts International's Las Vegas portfolio president and chief operating officer, Anton Nikodemus. The closures likely won't go past December, he wrote. "Know that all of us on MGM's leadership team are laser-focused on doing all that we can to bring business back," Nikodemus wrote, per the Review-Journal. "Progress is b

Wynn Las Vegas will be the first on the strip to reopen its buffet - but with restrictions - Daily Mail

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Wynn Las Vegas will be the first on the strip to reopen its buffet - but with restrictions - Daily Mail Wynn Las Vegas will be the first on the strip to reopen its buffet - but with restrictions - Daily Mail Posted: 16 Jun 2020 12:00 AM PDT Wynn Las Vegas announced Monday that it is to become the first resort along the strip to reopen its buffet post coronavirus shutdown. From Thursday, gamblers will be able to take advantage of the new-look buffet, which remains 'all you can eat' but has been restyled to take in new safety measures to combat the spread of coronavirus. While still classed as a buffet, dishes must be ordered and servers will bring them to tables.  Diners will still have the option to order as many times as they want within a two-hour period. As well as encouraging social distancing with spaced out tables, touchless technology is also being used through reservations, to place orders and to pay.