MGM will sell iconic Las Vegas Mirage Hotel in $1 billion …
https://www.usatoday.com/story/travel/experience/las-vegas/2021/12/13/mgm-selling-mirage-casino/8655834002/
Hard Rock to Expand to Strip with MirageA New Vision For The Las Vegas StripUshering in A New Era So why sell such an iconic property? Experts say it may have to do with location. The Mirage is an outlier among MGM Resorts' portfolio, surrounded by competitors on the north end of the Strip while its sister properties lie in the central and southern segments. MGM Resorts – which has focused on pivoting toward an "asset-light" business model in r... Occupation: Money Reporter Uploaded: Nov 1, 2021 Published: Dec 14, 2021
So why sell such an iconic property? Experts say it may have to do with location. The Mirage is an outlier among MGM Resorts' portfolio, surrounded by competitors on the north end of the Strip while its sister properties lie in the central and southern segments. MGM Resorts – which has focused on pivoting toward an "asset-light" business model in r...
Occupation: Money Reporter
Uploaded: Nov 1, 2021
Published: Dec 14, 2021
DA: 82 PA: 87 MOZ Rank: 87