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MANDALAY BAY ANNOUNCES $100M REMODEL OF 2.1 MILLION-SQUARE-FOOT CONVENTION CENTER

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Mandalay Bay Resort & Casino in Las Vegas has announced a $100 million remodel of its 2.1 million-square-foot convention center, aimed at enhancing modern meeting experiences. The upgrades include new technology features such as Cat6A Ethernet cabling for faster data transmission and 11 dynamic digital walls. Redesigned spaces will feature brighter lighting and tropical-themed decor. The remodel will continue until the end of 2024, while the convention center remains operational. Additional amenities will also be upgraded across the resort.

Positive
  • Investment of $100 million in the remodel signals commitment to maintaining competitive advantage.
  • Upgrades include advanced technology, enhancing user experience and attracting more events.
  • Ongoing operational status of the convention center minimizes disruption to current bookings.
Negative
  • Long-term project completion by end of 2024 may pose risks if economic conditions change.

Enhancements Feature Upgraded Technology and Bright, Refreshing Spaces Designed for Next Generation of Meetings and Events

LAS VEGAS, Oct. 12, 2022 /PRNewswire/ -- Recognized as one of the country's preeminent meeting and trade show destinations, Mandalay Bay Resort & Casino unveiled details today around the $100 million remodel of its 2.1 million-square-foot convention center.

Reflecting the evolving needs and preferences of contemporary meetings, significant technology upgrades, dynamic digital signage and a fresh, new design complementing Mandalay Bay's tropical ambiance highlight the remodel.

"With Mandalay Bay home to many of the city's top events and trade shows year after year, we recognized the need to upgrade the space to reflect modern-day needs and create a timeless design complemented by our premier service experience," said Ernest Stovall, Vice President of Sales for Mandalay Bay. "We listened to feedback from meeting planners over recent years and are confident this refreshed and upgraded space will exceed their needs and expectations in every way."

Technology Enhancements
Understanding the increasing demand for consistent, robust communication, Mandalay Bay recently installed entirely new Cat6A Ethernet cabling throughout its convention center as part of the overall transformation. Cat6A doubles the frequency of data transmission and increases the speed up to 9,400% -- the equivalent of downloading a 4K movie in 30 seconds.

Planners will now have new ways to communicate with attendees through 11 new dynamic digital walls measuring up to 24' x 13', designed for brand placements, sponsorship opportunities and targeted event messaging throughout the day. Attendees will appreciate the addition of 20 double-sided 55" mobile flexible display units, enabling them to find their meeting rooms and events with ease and convenience.

Additional technology enhancements will include RFID locks on all meeting room doors as an added convenience for meeting planners as well as the installation of 200+ new motion detection cameras throughout all spaces.

Redesigned Space
As attendees enter the newly remodeled convention space, they will experience a refreshingly bright and vibrant environment complementing Mandalay Bay's tropical-inspired brand.

Envisioned by MGM Resorts International Design Group, in collaboration with Las Vegas-based Dezmotif Studios, the space will reflect contemporary design elements and also takes into consideration the importance of practical enhancements such as brighter lighting, streamlined signage and inviting seating nooks for on-the-go attendees.

White-washed walls and ceilings, and bold floral patterns featuring cerulean and coral tones will be accentuated by warm walnut accent walls, providing a refreshing, tropical landscape for a meetings experience only Mandalay Bay can offer.

In addition to the complete remodel of all pre-function spaces, meeting rooms and ballrooms, Mandalay Bay's 1 million square feet of exhibit space also was recently refreshed with new paint, covered pillars and relocated strobe lights.

Fine Art
As part of MGM Resorts' commitment to providing a platform for diverse and underrepresented artists, the remodeled convention space will feature breathtaking new works by Thandiwe Muriu and Sarah Anne Johnson, among others.

Mandalay Bay Convention Center will remain open and fully operational throughout the remodel, with upgrades executed in phases. The project is expected to be complete by the end of 2024.

In addition to the convention center, Mandalay Bay continues to upgrade and add amenities and experiences throughout the resort including the upcoming remodel of all 424 rooms and suites at Four Seasons Hotel Las Vegas set to take place next year; the addition of Flanker Kitchen + Sports Bar in summer 2023 and the complete redesign of STRIPSTEAK scheduled to debut in early 2023.

For high-res images and additional information, 
please visit the Mandalay Bay Newsroom.

About Mandalay Bay
Mandalay Bay Resort and Casino is set on 120 lush acres featuring Mandalay Bay Beach, a tropical pool paradise with real sand. The Michelob ULTRA Arena, award-winning restaurants, exhilarating entertainment, unique shopping, Shark Reef Aquarium and the 2.1-million-square-foot convention center combine to make Mandalay Bay a captivating Las Vegas resort destination. The resort offers three distinct hotel experiences: Mandalay Bay with 3,211 luxurious rooms and suites reflecting a modern tropical ambiance; Four Seasons Hotel, a AAA Five Diamond hotel offering 424 rooms and suites; and the luxury all-suite Delano Las Vegas. Mandalay Bay is operated by MGM Resorts International (NYSE: MGM). For more information and reservations, visit mandalaybay.com, call toll free at (877) 632-7800, or find us on Instagram, Facebook and Twitter.

Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in MGM Resorts' public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM Resorts has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, MGM Resorts' expectations regarding the anticipated technology enhancements and remodeling of the convention space. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks related to the design, timing and costs of enhancement and redesign projects, the continued impact of the COVID-19 pandemic on MGM Resorts' business, the effects of economic conditions and market conditions in the markets in which MGM Resorts operates and competition with other destination travel locations throughout the United States and the world, and additional risks and uncertainties described in MGM Resorts' Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM Resorts is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

MEDIA CONTACT
Stacy Hamilton
MGM Resorts Public Relations 
shamilton@mgmresorts.com 

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SOURCE MGM Resorts International

FAQ

What is the amount invested in the Mandalay Bay remodel?

Mandalay Bay Resort & Casino has invested $100 million in the remodel of its convention center.

When is the Mandalay Bay convention center remodel expected to be completed?

The remodel of the convention center is expected to be complete by the end of 2024.

What are the new technology features added in the Mandalay Bay convention center?

The remodel includes new Cat6A Ethernet cabling, dynamic digital walls, and RFID locks for meeting rooms.

How will the remodel impact the operational status of Mandalay Bay's convention center?

The convention center will remain open and fully operational throughout the remodel.

What aesthetic changes are being made in the Mandalay Bay convention center?

The remodel will feature brighter lighting and a tropical-themed design with white-washed walls and floral patterns.

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