MGM CEO admits Las Vegas hotel prices are too high, saying “shame on us.” The executive called for more affordable rates to attract visitors amid rising travel costs, signaling potential changes ahead.
Browsing: CEO
Nvidia CEO Jensen Huang stated that Chinese approval of the H200 GPU will be indicated by purchase orders rather than a formal declaration, Reuters reports. This marks a shift in how regulatory consent may be recognized in China.
MGM CEO acknowledged that high pricing contributed to a negative perception of Las Vegas, stating, “Shame on us” for not addressing the issue sooner, according to KSNV. Efforts to improve visitor experience are underway.
MGM CEO admits the company bears responsibility for soaring hotel prices in Las Vegas, saying “Shame on us.” The statement highlights growing concerns over affordability in the city’s hospitality sector.
Stellantis is nearing a final agreement with the US administration on tariffs, CEO Carlos Tavares told Reuters, potentially easing trade tensions and impacting automotive costs. Talks remain ongoing.
Las Vegas Sands CEO Robert Goldstein joined top U.S. business leaders in a high-profile meeting with Chinese Premier Li Qiang, signaling ongoing efforts to strengthen economic ties amid evolving market dynamics.