MGM Resorts announces re-opening dates
In the next few weeks, MGM Resorts will reopen more Vegas strip properties, including Mandalay Bay, Luxor and Aria, after seeing a “strong opening weekend” from its first round of resort re-openings earlier this month. MGM kicked off the return of its Las Vegas hotel-casino operations on June 4 with the reopening of the Bellagio, MGM Grand and New York-New York. The resorts were shut down in March as part of the Nevada state governor’s mandatory closure of non-essential state businesses. Earlier this week, the company announced a reopening date for the Excalibur, which will be back in business on June 11. The Luxor and The Shoppes at Mandalay Bay Place will reopen June 25; Aria Resort & Casino July 1; and Mandalay Bay and Four Seasons Las Vegas July 1.
Small rise in U.S. hotel performance: STR
STR data ended the week of June 6 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines remained significant although not as severe as the levels recorded previously.
May 31 through June 6 (percentage change from comparable week in 2019):
• Occupancy: 39.3% (-45.3%)
• ADR: US$85.01 (-35.9%)
• RevPAR: US$33.43 (-65.0%)
Previous weekly U.S. weekly occupancy levels:
• May 24-30: 36.4%
• May 17-23: 35.3%
• May 10-16: 32.3%
• May 3-9: 30.3%
• April 26-May 2: 28.8%
• April 19-25: 26.2%
• April 12-18: 24.4%
• April 5-11: 22.0%
Aggregate data for the top 25 markets showed lower occupancy (35.4%) than the national average, but slightly higher ADR (US$88.54). Seven of those markets saw occupancy levels above 40%: Norfolk/Virginia Beach, Virginia (48.4%); New York, New York (47.1%); Phoenix, Arizona (44.7%); Philadelphia, Pennsylvania-New Jersey (42.8%); Tampa/St. Petersburg, Florida (41.8%); Atlanta, Georgia (41.4%); and Detroit, Michigan (40.8%). Markets with the lowest occupancy levels for the week included Oahu Island, Hawaii (10.6%); Orlando, Florida (23.5%); and Boston, Massachusetts (24.0%). Of note, in Seattle, Washington, occupancy was 29.5%, up slightly from 28.1% the week prior.
Accor aims at Australian, New Zealand travelers
In an attempt to encourage Australian and New Zealand travelers to hit the road and take a driving vacation, Accor has launched a selection of “Time to Drive” deals at more than 340 hotels, resorts and apartments across the two countries. Guests can get flexible rates from as low as US$85 per night at multiple Accor brands, including SO/, Sofitel, MGallery, Art Series, Pullman, Swissôtel, Grand Mercure, Peppers, The Sebel, Mantra, Novotel, Mercure, Tribe, BreakFree, ibis, ibis Styles and ibis Budget. The deals are valid for new bookings made between now and June 30 for stays up until 13 months from the booking date.