Boston, MA 10/08/2014 (wallstreetpr) – MGM Resorts International (NYSE:MGM)‘s Senior Vice President of sales, Michael Dominguez, is geared up to play it his way as the tourism industry recovers from recession.
International Expansion
As demand levels surge back to prerecession figures and the convention and meetings industry shape back in form, MGM Resorts International (NYSE:MGM) plans to boost up. The Resorts inventory currently has 10,000 rooms, far more than what it had in 2007, and the demand across Las Vegas is also rapidly surging up. The deciding factor for economic condition for MGM Resorts is convention business, which is back to heights. In view of this, the company had announced expansion of its Mandalay Bay Expo Center in April 2014. It had expanded as much as 350,000 square feet, investing around $66 million in the project. The aim of the program was to capture the increasing the convention space, and it had stepped up two levels to the being the fifth largest in the industry. In fact, MGM Resorts is currently working to expand its property across the world.
Relationships Matter
MGM Resorts International (NYSE:MGM), the second largest biggest gaming company of the world, was formed only recently in 2005, with the merger of MGM-Mirage and Mandalay Resort Group. Dominguez emphasizes that the newly formed company’s importance must be realized in the general markets and meetings. He calls for special attention in this respect after the company missed the middle tier of meeting and management planners during recession.
Dominguez emphasizes the importance of relationships and personal touch over luck to achieve success, and he is underlining his belief more than ever now. An article focuses on how he is maneuvering MGM’s business back to peak by training its sales team better. In sync with his principles, MGM Resorts International (NYSE:MGM) is boosting human interaction at a time when competitors’ preferences are changing according to the technological advancements of the era. He is providing training to his staff to increase the personal touch with clients more often.
