Wednesday, January 6, 2010

MGM to launch non-gaming hotel brands in India.

MGM Mirage, Las Vegas Strip’s largest casino owner, is planning to enter India with non-gaming brands, Bellagio and MGM Grand.

Bellagio is positioned as a high-end luxury brand while MGM Grand is positioned slightly lower. The group has mentioned that it is looking at cities such as Delhi, Mumbai, Hyderabad and leisure destinations such as Goa, Rajasthan and Kerala to establish these brands.

The group is likely to keep its investments minimal by managing the proposed hotels instead of owning them