While analysts who cover MGM Resorts International are reluctant to talk about the company’s financial prospects two months after the 1 October massacre, they’re collectively saying MGM stock would be a good addition to a portfolio.
The Strip
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The operator of the hotel closest to the Route 91 Harvest Festival grounds not operated by MGM Resorts International said the Tropicana Las Vegas experienced a 35 percent cancellation rate on bookings in the days immediately following the Oct. 1 mass shooting.
Caesars Entertainment’s top executive said his company is seeing a slight downturn in casino play from Asian guests as a result of the Route 91 Harvest Festival shooting.
A return to normalcy for Las Vegas tourism may still be weeks away, but there should be no long-term effects on tourism to Southern Nevada because of the Oct. 1 shootings.
Here is the timeline of events for the LVCVA following the Oct. 1 Las Vegas shooting.
When a “Do Not Disturb” sign hangs outside a hotel room for a while, staff will usually call or knock at some point to make sure everything’s OK.
Strip resort and tourism leaders aren’t ready to talk about whether the mass shooting carried out by a gunman perched in a Mandalay Bay hotel room Sunday would affect plans for the “America’s Party” New Year’s Eve celebration.
Las Vegas visitors talk about the Strip shooting and how it will impact their view of Las Vegas.
The horror of the murderous attack in Las Vegas Sunday night was similar in many ways to the incident it supplanted as the worst mass shooting in history in the family tourism mecca of Orlando, Florida, on June 12, 2016.
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