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TheStreet Open House

MGM Hospitality Promotes Development Executive

Stock quotes in this article: MGM

LAS VEGAS, Oct. 10, 2013 /PRNewswire/ -- MGM Hospitality this week announced the promotion of Rishi Kapoor to senior vice president of international development.

In this role, he will direct development activities in Asia, India, the Middle East and North Africa for the division of MGM Resorts International (NYSE: MGM) focused on developing non-gaming luxury hotels and resorts in key destinations around the world.

Mr. Kapoor, who is based in Dubai, brings to the position 20 years of experience in the luxury hospitality sector in areas including operations, marketing, strategy and development.  In his most recent position as vice president of development- India for the division, he led in the expansion of the Bellagio, MGM Grand and Skylofts brands.

Before joining the division, he worked as director of strategy and marketing for The Imperial, New Delhi. There, he led the rebranding, repositioning and management turnaround of this historic property in India to its current iconic luxury hotel brand. His experience also includes various marketing and operations positions with The Oberoi Group and ITC Hotels.

Mr. Kapoor received his degree in hotel management from the Institute of Hotel Management, Pusa, New Delhi, in India. He also completed post-graduate training in general management, operations and marketing.

MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company also owns 51% of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is in the process of developing a gaming resort in Cotai, and 50% of CityCenter in Las Vegas, which features ARIA resort and casino.  For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com

Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the Company's public filings with the Securities and Exchange Commission.

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