Skift Take
Yet again, Steve Wynn keeps winning, as are his gaming counterparts. Marriott CEO Arne Sorenson, who managed to win an all-out battle for Starwood last year, was the top-ranked non-gaming CEO.
As he did in 2015 and in 2014, Wynn Resorts CEO Steve Wynn took home the largest total CEO compensation package worth a whopping $28.15 million, a $7.48 million bump from last year.
Following Wynn is his fellow gaming CEO, James Murren of MGM Resorts International, who took home $16.6 million in 2016, a $3.34 million increase from 2015.
Hotel CEO compensation totals remain a barometer of sorts for the strengths of their respective companies and the health of the hospitality industry as a whole and judging from last year’s totals, it’s clear the industry, overall, had a fairly successful year.
“Last year was a good year, and generally speaking it was a very profitable year for the hotel business,” said Keith Kefgen, managing director and CEO of AETHOS Consulting Group, a global advisory firm specializing in the hospitality industry. “Most of the publicly traded associations had a very solid year, so I wouldn’t be surprised if the overall compensations for executives went up marginally.”
Here’s a closer look at who made what, and why.
Gaming CEOs
As they historically have, gaming CEOs tende
