Fri Nov 20 12:55:03 -0500 2009

MarketWatch (Las Vegas, NV)

- CityCenter, also known as, “The Thing That (Almost) Ate MGM Mirage”—is getting ready to open its first phase in just a few weeks. A big concern is whether it will mark another successful expansion of the Las Vegas Strip or merely dump lots of new capacity onto a city where hotels have been begging for guests in the economic downturn.

“There are going to be some challenges with all the incremental capacity coming online, said Christopher Jones, an analyst with the Telsey Advisory Group. “But they are spending an absolutely significant amount of money marketing it. It is going to make a lot of noise, get a lot of awareness. And that will help.”

To view the full article, download the PDF here: MarketWatch, November 20, 2009