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MGM acquires operations of The Cosmopolitan for $1.625B

Resort generated $1.1 billion of net revenue in the 12 months ended March 31
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HSMAI introduces new global distribution advisory board

Volunteer leaders from around the industry, representing each of HSMAI’s regions
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Hard Rock Int’l to purchase The Mirage Las Vegas for $1.075B

Hard Rock International (HRI) has signed an agreement to acquire the operations of The Mirage Las Vegas hotel and casino from MGM Resorts International,
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Report: Hotels reducing carbon footprint

Data from the latest Cornell Hotel Sustainability Benchmarking (CHSB) Index shows that the average carbon footprint of a hotel stay decreased by 3% between
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MGM Resorts in Vegas goes solar

MGM Resorts International has launched its 100-megawatt solar array, the hospitality industry’s largest directly sourced renewable electricity project worldwide, according to the company. The
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People on the move at Accor, HV Hospitality and more

Accor Luxury Brands has named a new regional VP, while HV Hospitality, Mumford and MGM Resorts have made personnel moves. Woltering appointed regional VP,
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A look at transactions here and abroad

Properties are completing transactions in the U.S. and across the globe. Here are the details: MGP to acquire MGM Springfield real estate for $400M
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USTA urges Senate to help restart widespread travel

In its first-ever hearing, U.S. Senate Subcommittee on Tourism, Trade, and Export Promotion, a representative of the U.S. Travel Association (USTA) urged that strategies
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