Company Special: MGM, Diaoyutai team to build 10 hotels in five years
By Yang Cheng and Zhang Shiyi | China Daily | Updated: 2013-03-07 07:40
Luxury hotel group MGM Resorts International is setting sights on China in its drive to expand the global reach of its brands, company leaders say.
"To date, 70 percent of MGM's revenue comes from the non-gaming sector, and we have awoken to the fact the US market has matured," said Bill Hornbuckle, president and chief marketing officer of MGM Resorts International.
He said the company has shifted its focus to leisure destinations and entertainment.
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