MGM Resorts International recently reported its third quarter financial results for the year 2023, and the news is good. The company reported total revenues of $4 billion, an increase of 7% from the same period last year. This marks the highest quarterly revenue in the company’s history.

The strong performance was driven by a combination of factors, including strong growth in both occupancy and average daily rate at MGM’s domestic resorts. The company also saw growth in its international operations, particularly in Macau and Singapore. In addition, MGM’s Las Vegas Strip properties saw a 5% increase in revenue compared to the same period last year.

MGM’s CEO, Jim Murren, attributed the strong performance to the company’s focus on customer service and innovation. “We are focused on creating an exceptional experience for our guests, and that focus is paying off,” he said. “We are also investing in technology to ensure that our guests have the best possible experience when they visit our resorts.”

The strong performance of MGM Resorts International is a positive sign for the hospitality industry as a whole. It shows that the industry is continuing to rebound from the pandemic-induced downturn and that customers are returning to resorts in droves.

MGM Resorts International is also investing heavily in its future. The company has announced plans to open several new resorts in the coming years, including a new resort in Las Vegas and a new casino in Macau.

Overall, MGM Resorts International’s strong third quarter performance is a positive sign for the hospitality industry as a whole. The company’s focus on customer service and innovation is paying off, and its investments in new resorts will help ensure that it remains a leader in the industry for years to come.