• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

MGM, desperate for cash, launches “Work From Vegas” program

MGM CEO William Hornbuckle and the Bellagio resort
MGM CEO William Hornbuckle and the Bellagio resort

For decades, Las Vegas has attracted vacationers with its casinos, clubs and restaurants. Now, one desperate hotel operator wants to bring in the work-from-home crowd.

MGM resorts has launched “Work from Vegas” business packages at the Bellagio and ARIA resorts, according to the Reno Gazette Journal. There are three packages, the cheapest five-day stay starting at around $100 per night, going up to around $400 a night for the top-tier package.

The thinking behind the unorthodox campaign is to bring in visitors to work during the days in hotel rooms and spend the evenings at the resorts’ casinos, restaurants or otherwise just relaxing away from home.

It would give a much-needed boost to the hotel operator, which reported a second quarter operating loss of $1 billion, compared to $371 million in income in the second quarter of last year, according to the publication.

MGM reopened the Bellagio and ARIA properties early last month after closing them in mid-March in response to the coronavirus pandemic. Those resorts, along with others that have since opened in Vegas, are operating at half capacity.

Each “Work from Vegas” package includes food and beverage credits and discounted flights from Burbank, Orange County, Oakland, Dallas, and Seattle. Customers also get a dedicated concierge for handling reservations, scheduling, and otherwise help them during their stay.

“It’s a well-trained person who has taken care of thousands of guests and requests before, so they are hyper-experienced and ready to bring you some hospitality,” said Atif Rafiq, president of commercial and growth at MGM Resorts. “I’m not sure we’ll get you a unicorn request at two in the morning, but we’ll obviously try our best.”

Hotels, among the businesses hit hardest by the pandemic, are seeing fundamentals recover. U.S. hotel occupancy hit 48.9 percent for the week ending Aug. 1, according to hotel data provider STR. [Reno Gazette Journal] — Dennis Lynch 

The post MGM, desperate for cash, launches “Work From Vegas” program appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 09 August 2020
  • The Real Deal
  • Uncategorized
  •  Like
Vast Georgia quail hunting estate asks $26M →← Taubman’s $475M Mall of San Juan gets “knocked out” after reopening
  • Recent Posts

    • Is CEQA win first shot at a broader overhaul for resi market?   July 5, 2025
    • Hankey finances bargain-bin hotel buy near SF’s Union Square July 3, 2025
    • Industry group flails as CEQA adjustments hit California builders unevenly July 3, 2025
    • Orange County office tower sells for discounted $19M July 3, 2025
    • City to deploy $425M of “mansion tax” money in record spending plan July 3, 2025
  • Recent Comments

    • Archives

      • July 2025
      • June 2025
      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM