Pent-Up Leisure Demand Drives MGM Resorts' Domestic Performance
TR Number
Date
2021-04-29
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
CoStar
Abstract
MGM has seen an impressive re-bound due to the pent-up travel demand, vaccination rollout, and the increased lift in COVID-19 restrictions around the United States and throughout their international regions. MGM President & CEO, Bill Hornbuckle, noted that the COVID-19 pandemic has been an opportunity for MGM to focus their efforts on four categories ranging from the rehiring of U.S. employees, building up their solar power reach, providing new experiences for guests, and refining operations model increasing control over its organizational layers.
Description
Keywords
Hotel News Now, CoStar, Hotel Industry, MGM