As travelers continue to emerge from hibernation, casinos are once again starting to pour money into properties and renovations. This year seems to be the year of Caesars Entertainment, which has just completed a new entrance at Caesars Palace Las Vegas, ahead of an upcoming rebranding from Bally’s to Horseshoe.
This week we will get to a new construction update as well as some current renovations. We mentioned that MGM Resorts planned on renovating a portion of the rooms at MGM Grand after the company’s recent earnings call. Some of the rooms in the newly named Studio Tower (former West Wing) will be available in late October. The rest should be completed before the end of the year.
It is very real that we are seeing MGM taking small steps at Cosmopolitan. Last week we mentioned Silk Sonic performing at the Barbershop inside the Cosmopolitan as the first marker that MGM Resorts is taking over operations at the property. Typically performers at Park MGM make aftershow appearances at the same property. This was a change of pace to have an aftershow at a different MGM Resorts property.