MGM Resorts International turned a second-quarter profit, benefiting from higher Las Vegas demand.

The company had net income $105.5 million, compared to a net loss of $93 million a year earlier. Revenue rose 4%, to $2.58 billion.

Revenue per available room (RevPAR) at Las Vegas hotels rose 6%, as both room rates and occupancy rose.

Additionally, the company’s loss on its CityCenter project narrowed 59% from a year earlier to $51.8 million. Aria’s RevPAR rose 6%, and Vdara’s jumped 10%.
___

Follow Danny King on Twitter @dktravelweekly.

Comments

From Our Partners


From Our Partners

2021 Summer Escapes 2
Summer Escapes: Plan Your Clients' Next Adventure
Register Now
We Love Travel Advisors 2021
We Love Travel Advisors 2021 Guide
Read More
2021 Alaska Webinar Series
Learn How You Can SELL Alaska This Summer
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI