MGM Resorts and Hakkasan Group form new joint venture hotel company, MGM Hakkasan Hospitality
MGM Resorts International and Hakkasan Group announced that both entities will form a new joint venture hotel management company, to be named MGM Hakkasan Hospitality. This formation combines the strengths of MGM Resorts International and Hakkasan Group. MGM Resorts is a leader in experiential hospitality and is recognized for designing, operating, providing amenities, and service for destination hotels around the globe. Hakkasan Group is a global lifestyle company that focuses on restaurant, lounge, nightlife, and daylife experiences. MGM Hakkasan Hospitality will center their activity on developing and managing luxury non-gaming hotels, resorts, and residential offerings under the Bellagio, Hakkasan, MGM, and SkyLoft brands in key international cities around the globe. The hospitality group is currently working on ventures in the Americas, Middle East, and Asia. Hakkasan Group’s CEO Neil Moffitt will now become the new CEO of MGM Hakkasan Hospitality.