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: hospitality industry
Las Vegas joins NYC, LA, Seattle, and SF in a tourism surge, with record hotel bookings and overnight stays driving unprecedented revenue growth. Experts reveal a game-changing twist reshaping the travel economy.
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.
Las Vegas has transformed from a desert railroad town into a global entertainment hub. Over the last century, it evolved with iconic casinos, luxury resorts, and world-class attractions, continuously redefining travel and nightlife.
Three tourists have filed lawsuits against Las Vegas Strip hotels, alleging their rooms were infested with bedbugs. The cases highlight growing concerns over pest control in the city’s hospitality industry.
Chinese tourists, key to Las Vegas’ tourism rebound, may hesitate to travel to the US amid ongoing concerns over policies and safety. Industry experts highlight the need for renewed confidence-building measures.
The iconic Tropicana Las Vegas resort is closing to make way for a new stadium, marking the end of an era on the Strip. The move aims to boost sports and entertainment offerings in the city.
Las Vegas has topped the nation-not for gambling, but for its booming convention and trade show industry. The city’s unmatched venue capacity and hospitality have made it the premier destination for business events.
Las Vegas resort fees are rising again, with Caesars Entertainment leading the increase. The additional daily charges impact visitor costs, prompting concerns over transparency and affordability for travelers.
Four Seasons Hotel Las Vegas has earned the prestigious Michelin Key distinction for the second consecutive year, reaffirming its status as a premier luxury destination in the city. The award highlights exceptional service and quality.
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.
Accor intensifies its US expansion with a focused push in Las Vegas, signaling a strategic drive to grow its portfolio in key American hotel markets, CoStar reports.
Vegas’ iconic Sahara Casino has been reborn, unveiling a major transformation that honors its storied past while embracing a modern, vibrant future. The revamped resort aims to captivate a new generation of visitors.
Las Vegas faces a ninth consecutive month of economic strain as the U.S. travel boycott continues. Visitor numbers remain low, impacting casinos, hotels, and local businesses, raising concerns over the city’s recovery timeline.
Eleven Las Vegas resorts earned top honors from U.S. News & World Report, highlighting the city’s premier hospitality options. The awards affirm Vegas as a leading destination for luxury and service.
MGM CEO addressed Las Vegas’ soaring prices, stating “Shame on us” for the high costs impacting visitors. The admission signals growing industry concern over affordability in the city’s tourism sector.
The Las Vegas City Council has revoked the license of a downtown motel, citing ongoing public nuisance concerns. The move aims to address safety and quality-of-life issues in the area.
Small Las Vegas businesses are facing challenges as a drop in international tourists impacts revenue. The decline highlights the city’s reliance on global visitors for local economic health. (FOX5 Vegas)
Las Vegas Strip hotels face financial strain as a government shutdown threatens tourism and federal worker travel. Industry experts warn of booking cancellations and revenue losses amid uncertainty.
Las Vegas faces another major tourism slump as visitor numbers sharply decline, raising concerns over the city’s economic recovery. The iconic gambling hub struggles to attract tourists amid rising costs and competition.



















