Articles tagged “mgm resorts”

In this video conversation from Skift Global Forum we hear from Jeanne Jones, Vice President, Head of Customer Community, Amperity and Prakash Ranjan, Vice President, Marketing Technology, MGM, about how to meet the changing needs of the modern traveler and MGM’s journey towards becoming a digital powerhouse. 

Las Vegas is tried and true. Or is it? Just like with everything else, the pandemic will upend what one of the U.S.'s leading destinations has to offer — and digitization and hybrid models will be at the core of the reinvention.

Both of Barry Diller's companies, IAC and Expedia, are now invested in a travel recovery, which he thinks will arrive in only a matter of time. Count Diller on the side of those who believe the new normal will resemble its former self more than many people imagine.

MGM laying off 18,000 workers is the latest testament that Las Vegas needs more than slot machines and poker tables to keep resorts running at pre-pandemic performance levels.

Can the show go on in Sin City while so many events and conventions can’t? Sure — if you have a few billion in the bank to tide your resorts over for a year.

Freed from the shackles of the office, the emerging "work from anywhere" trend is tempting for employees — and hotels. Some employers might have a different view.

Jackpot.

Vegas casino operators may care more about occupancy over daily rates in the initial recovery, but prolonged room discounts can alter guest rate expectations — and sink hotel revenue streams for the long-term.

Like any great speech, CEO videos about the coronavirus crisis need to be straightforward, authentic, and personal — and most important there needs to be substance to reinforce the message. Some brands have been able to deliver these crisis communications messages much better than others.

MGM Resorts has agreed to sell two of its most notable Las Vegas properties, MGM Grand and Mandalay Bay, to a joint venture including real estate giant Blackstone. The company is going asset-light following its sale of the Bellagio last year.