Las Vegas is well-known for its extravagant entertainment options. However, MGM Resorts International decided to undergo a massive renovation of it's 3,000-room resort in Mandalay Bay. This is the first makeover since 1999 and is set to be completed by summer of this year.
Mandalay Bay President Chuck Bowling recently spoke with Vegas Inc. to discuss the changes happening to his hotels and venues and why they're going to continue to keep the businesses competitive.
According to Bowling, the ambitious project started as wanting to redefine the resort experience. He said that Mandalay Bay officials understood that there were certain areas that the resort wasn't the best in, and they wanted to change that.
For example, a concert occurred at the House of Blues, but there wasn't an A-list show, he said. Customers would catch a cab to attend a better show across town. However, by creating a partnership with Cirque du Soleil and the Michael Jackson estate, the Las Vegas site is hoping to cement its entertainment line.
"As Las Vegas continues to recover, we want MGM and Mandalay Bay to be positioned to get their fair share of the business," Bowling told the news source. "We think these investments will make sure we attract people here for the first time and give us the best opportunity to bring back people who haven't seen us in a while."
While there is construction happening, Bowling explained that there is still lots to offer customers. Even though three restaurants might be shut down, he said there are still 17 others available.
Whether a company is breaking ground for the first time, or is attempting a facelift like Mandalay Bay, ensuring that the organization is properly insured throughout the process is crucial. Partnering with commercial insurance specialists can help organizations find Nevada contractor insurance and a comprehensive business policy.