MGM Grand Hotel & Casino announced that the $300 million renovation of its main tower was completed on November 13, 2025. The overhaul refreshed 3,969 rooms and suites, including 111 brand‑new suites that bring the total suite count to 753. The redesign incorporates a disco‑era inspired aesthetic that blends contemporary style with the resort’s iconic legacy, positioning the property to attract higher‑spending guests and support its premium brand on the Las Vegas Strip.
The remodel is a key element of MGM Resorts’ disciplined capital allocation strategy. By expanding capacity and modernizing its inventory, the company aims to lift revenue per available room (RevPAR) and improve occupancy rates. The investment also aligns with MGM’s asset‑light approach, which generates liquidity through real‑estate sales and lease‑backs that can be redeployed into high‑return projects like this remodel.
In addition to the room upgrades, the remodel coincides with the launch of several new dining and entertainment concepts that opened earlier in 2025: Netflix Bites opened on February 10, Palm Tree Beach Club on May 3, and The FRIENDS Experience on July 23. These venues broaden the resort’s revenue mix and create a more comprehensive guest experience that complements the refreshed accommodations.
Mike Neubecker, President and COO of MGM Grand, said the project “marks an ambitious step forward in the resort’s evolution” and that the new rooms “deliver what both business and leisure travelers value most.” He added that the remodel “demonstrates our commitment to evolving the guest experience for both leisure and business travelers.”
The remodel fits into MGM Resorts’ broader strategy of reinvesting in domestic integrated resorts while expanding internationally and growing its digital gaming presence. The company’s asset‑light model, which has generated liquidity for capital expenditures, debt reduction, and share repurchases, underpins the ability to fund projects like this remodel. The investment also helps MGM keep pace with newer or recently renovated competitors on the Strip, ensuring the Grand remains a top‑tier destination.
The completion of the remodel is expected to increase occupancy and average daily rates, thereby boosting RevPAR and overall revenue. The refreshed rooms and suites, coupled with the new dining and entertainment venues, create a synergistic effect that should attract a broader mix of guests and enhance the resort’s competitive positioning in a crowded market.
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