MGM Resorts to build global nongaming hotel portfolio through joint venture

04/16/2014 | Forbes

MGM Resorts has entered into a joint venture with Hakkasan Group to expand the company's luxury nongaming hotels worldwide, with branding options including Bellagio, SKYLOFTS and MGM Grand. The MGM Hakkasan Hospitality joint venture will oversee all projects that the two firms are working on, including MGM's developments in Asia, the Middle East and the Americas, and Hakkasan's projects in Mexico, the United Arab Emirates, Mumbai and Doha, Qatar.

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