MGM selling The Mirage operations for USD1 billion
MGM Resorts International is selling operations of The Mirage Hotel & Casino to Hard Rock International. The deal is worth $1.075 billion and is expected to provide about $815 million in net cash proceeds, MGM says.
It marks ‘the monetization of our entire real property portfolio’ Paul Salem, MGM’s chairman said. MGM has owned The Mirage for 21 years and put it up for sale last month.
Hard Rock says it plans to rebrand the property.
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