MGM Now Powers All Its Las Vegas Strip Properties with Solar. Here’s How
Summary
MGM Resorts powers all Las Vegas Strip properties' daytime electricity with solar energy, covering 14 hotel casinos and roughly 40,000 rooms. MGM works with developers, commits to buying the produced power, and signs long-term deals. This model offers a sustainable energy approach without upfront costs for the company.
Key Insights
- •MGM now powers 100% of daytime electricity for its Las Vegas Strip properties with solar energy.
- •MGM's Strip footprint includes approximately 40,000 hotel rooms.
Action Items
- ✓Consider researching and understanding renewable energy options for your STR properties to potentially reduce operational costs and appeal to environmentally conscious guests.Effort: mediumImpact: medium
Tools & Resources
- →developer: MGM works with developers and signs long-term agreements for power purchase.
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