Hotel Development Shanghai
MGM Shanghai West Bund Hotel Announced
MGM Shanghai West Bund will feature 161 guest rooms and 58 suites
MGM Shanghai West Bund will feature 161 guest rooms and 58 suites
Rynkiewicz joined Borgata in 2001 on the resort's pre-opening team and will celebrate 21 years with the company in September 2022.
Las Vegas Strip Resorts and Regional Operations Adjusted Property EBITDAR increased 47% and 48%, respectively, compared to the first quarter of 2019 and maintained margin growth over 2019 in both the Las Vegas and Regional markets
Las Vegas Strip Resorts and Regional Operations Adjusted Property EBITDAR increased 84% and 36%, respectively, compared to the fourth quarter of 2019
Most recently, Lunn served as the MGM Resorts Southeast Group President & COO, where he led Beau Rivage Resort & Casino in Biloxi, Mississippi and Gold Strike Casino Resort in Tunica, Mississippi.
Las Vegas Strip Resorts and Regional Operations Adjusted Property EBITDAR increased 21% and 29%, respectively, compared to the third quarter of 2019
The purchase price represents a multiple of approximately eight times adjusted EBITDA, inclusive of expected operational synergies and identified revenue growth opportunities.
The agreement will make MGM Resorts the 100 percent owner of CityCenter on the Las Vegas Strip, which is comprised of Aria Resort & Casino and Vdara Hotel and Spa.
Ayesha Molino Elevated to Senior Vice President of Public Affairs
During the Year, MGM China saw revenue down by 78% to approximately HK$5.1 billion. The Group had a negative adjusted EBITDA of approximately HK$1.4 billion.