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Park MGM's hotel to close during the week due to low demand

Memo to employees: 'We will get through this'
Park MGM Exterior.jpg
Posted at 11:08 AM, Nov 03, 2020

LAS VEGAS (KTNV) — Park MGM sent out a memo to employees on Tuesday announcing its hotel will close during the week for the holiday season.

Citing low occupancy during weekdays, the memo says Park MGM’s hotel will close Mondays at noon and reopen Thursdays at noon. The casino, pool, restaurants and amenities will remain open throughout the week.

The NoMad hotel at Park MGM will also continue operating seven days a week.

The memo also says the changes are not expected to last past December, however, MGM Resorts will continue to evaluate business levels to determine how long the changes will remain in effect.

Read the full letter from Anton Nikodemus, president and COO of MGM Resort's Las Vegas Portfolio below:

INTER-OFFICE CORRESPONDENCE TO: Park MGM: All Employees
DATE: November 3, 2020
FROM: Anton Nikodemus, President & COO Las Vegas Portfolio

SUBJECT: Park MGM Hotel Operations

As many of you know, the November and December holiday season is traditionally a slow period for Las Vegas in terms of visitation and business levels. This year has proven to be especially challenging due to the ongoing impact of COVID-19 and the absence of the major meetings, conventions and events that typically fill Las Vegas’ calendars during the fall and winter months.

With occupancy remaining low during weekdays, we have decided to temporarily adjust hotel operations to account for the current state of business. Beginning November 9, Park MGM’s hotel will close Mondays at noon and reopen Thursdays at noon. Park MGM’s casino, pool, restaurants and amenities will remain open throughout the week. The NoMad hotel at Park MGM will also continue operating seven days a week. While we do not currently expect the mid-week closures to remain in effect past December, we will continue evaluating business levels to determine how long Park MGM’s mid-week hotel closures remain in effect.

As we’ve always done during slow periods, we will work to reduce the impact on employee schedules as much as possible. Your supervisor will be available as we finalize the new schedules to discuss changes and answer questions.

Know that all of us on MGM’s leadership team are laser-focused on doing all that we can to bring business back. Progress is being made, and we are optimistic that we are headed in the right direction. There are bright spots on the horizon.

Our recently announced Convene with Confidence plan for resuming meetings, conventions and entertainment events represents a major step forward for Las Vegas’ recovery. We are confident it will play a role in driving further visitation and business, getting us closer to pre-pandemic levels. This comes as the state of Nevada is signaling intentions to begin relaxing restrictions on public gathering sizes and occupancy – a development that will lead to further growth for our industry.

As Bill Hornbuckle has said, the fundamentals of our industry will not change. We will get through this and bounce back stronger than ever. Thank you, as always, for everything you do.

Anton Nikodemus
President & COO Las Vegas Portfolio