Why Are We Bullish On MGM Resorts?

-0.06%
Downside
47.21
Market
47.18
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MGM Resorts

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RevPAR (Revenue Per Available Room) is a key operating metric in the hotel industry. Available rooms comprise of those rooms in a hotel that are available for guest occupancy, and not subject to renovation or temporary (for example, seasonal) closure. The revenue a room can generate is a function of the nightly rates it commands. RevPAR is thus the significant metric in gauging the productivity of a hotel or chain of hotels.

Notes:

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1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively.

For precise figures, please refer to our complete analysis for MGM Resorts

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