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Seeking Alpha02:58

MGM CHINA (02282.HK) expects a hotel occupancy rate of up to 95% during the Spring Festival and is confident about the New Year Business.

According to the Macau Daily News, the president and executive director of MGM CHINA, Feng Xiaofeng, revealed that compared to previous years, this year's business slowdown before the Lunar New Year is minimal, which is a good sign. It is believed that the hotel's occupancy rate during the New Year could reach 95%, instilling confidence in the Lunar New Year holiday. The "One Week, One Trip" policy in Zhuhai and "One Visa, Multiple Entries" in Hengqin have been implemented for nearly a month, during which the number of hotel guests has increased compared to the same period last year, indicating that the new policy has shown some effects. Regarding the Consumer spending power, it currently remains in a healthy state, without significant fluctuations, with hopes of maintaining growth compared to last year. The new gaming license has been active for two years of its ten-year term.

AASTOCKSJan 27 08:56

Stifel Adjusts Price Target on MGM Resorts International to $47 From $56, Keeps Buy Rating

MT NewswiresJan 24 22:24 · Ratings

Barclays Initiates MGM Resorts International(MGM.US) With Buy Rating, Announces Target Price $45

Futu NewsJan 24 16:32 · Ratings

Barclays Keeps Their Buy Rating on MGM Resorts (MGM)

TipRanksJan 24 16:29 · Ratings

Express News | MGM Resorts International : BofA Global Research Raises Price Objective to $4645 From $4628

BreakingsJan 23 22:42