MGM Resorts International CEO Bill Hornbuckle already said that some of the company’s resorts may start closing mid-week as tourist demand remains low. Now comes word that the Park MGM will only be open from noon on Thursday to noon on Monday. While the hotel closes, the casino, restaurants, and other amenities remain open. The hotel closes for weekday stays starting November 9.
Park MGM reopened as a smoke-free resort on September 30, bringing back some restaurants inside Eataly, as well as Bavette’s Steakhouse & Bar, Primrose, and The Crack Shack, which reopened August 8 at the front of the resort. NoMad Hotel reopened inside the resort, along with NoMad Bar. Both will continue operating daily.
MGM Resorts officials say that the Park MGM is the only property that has not shown a profit since reopening, and it will take time for tourism to return to full strength. Most conventions, a lifeline for tourism traffic and hotel stays, have not returned to the city.
“While we do not currently expect the mid-week closures to remain in effect past December, we will continue evaluating business levels to determine how long Park MGM’s mid-week hotel closures remain in effect,” says Anton Nikodemus, president of casino marketing and chief operating officer of casino marketing at MGM Resorts, in a statement.
Mid-week hotel occupancy in September reached 39 percent, down 47 percent from the same month in 2019, according to the Las Vegas Convention and Visitors Authority. Weekend occupancy was at 66 percent, down 30 percent from September 2019.
Park MGM joins Encore Las Vegas, which decided to reduce its hours starting on Monday, October 19. The resort closes at 2 p.m. on Mondays and reopens at 2 p.m. on Thursdays. The reduced hours also affect the restaurants and bars at Encore, including Jardin, the Asian eatery Wazuzu, the new Mexican restaurant Elio, and the Italian restaurant Sinatra, which will now only be open Thursday through Sunday. Customers can check into the resort at 2 p.m. on Thursdays and must depart by noon on Mondays.