MGM Resorts to acquire CityCenter Holdings
MGM Resorts International has pulled off a double transaction which sees it become the full owner of CityCenter Holdings. CityCenter on the Las Vegas Strip includes the Aria Resort & Casino and Vdara Hotel and Spa.
MGM will purchase the 50% share it doesn’t already own in CityCenter Holdings. Following the completion of this deal, which is worth $2.1 billion, it will offload real estate assets Aria Resort & Casino and Vdara Hotel and Spa to Blackstone for $3.89 billion in cash.
Both transactions are expected to close in the third quarter of 2021.
Learn more about : MGM Resorts ( N. America ) MGM Resorts ( Asia Pecific ) MGM Resorts ( United Kingdom )
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt