MGM China to help develop new cultural experiences, , MGM Hospitality Group president says
Fred Zhou Feng said the company could use MGM Resorts’ international network to explore new international visitor markets.
China.- The president of MGM Hospitality Group (Asia Pacific) has said that the group will work with parent company MGM China Holdings to develop new cultural tourism experiences in Macau and the Guangdong-Hong Kong-Macau Greater Bay Area. In an interview with Chinese-language newspaper Macao Daily News, Fred Zhou Feng said the company could use MGM Resorts’ international network to explore new international visitor markets.
MGM Hospitality Group, formerly known as Diaoyutai MGM Hospitality, began nearly two decades ago as a joint venture between China’s Diaoyutai State Guesthouse and MGM Resorts International. On June 30, MGM China completed the acquisition of the stake held by its US. parent, MGM Resorts, for US$20m, making it a wholly owned subsidiary.
The group operates Bellagio by MGM, MGM Reserve, MGM, Mirage by MGM, Mhub by MGM and mx by MGM. It currently has 1.6 million hotel members. Zhou said the membership base consists mainly of “young” consumers born in the 1980s and 1990s. The group’s latest property, MGM Shenzhen Prince Bay, held its opening ceremony on Thursday, attended by senior executives from MGM China.
