MGM Resorts International, Sydell Group Plan to ‘Reimagine’ Monte Carlo Resort on Vegas Strip

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Big change is coming to the Las Vegas Strip. And those behind the effort say that in this case, change is a very positive thing.

Over the weekend, MGM Resorts International and Sydell Group announced a partnership to “reimagine and rebrand” Monte Carlo Resort and Casino.

The approximately $450 million transformation, which will touch every element of the property, will include two distinct hotel experiences: a Las Vegas version of Sydell’s widely acclaimed NoMad Hotel, and the launch of a new luxury hotel named Park MGM.
High tech features will also be factored into the new offerings on deck, we’ve heard.

“We are thrilled to partner with Sydell Group as we enter the final phase of transforming the neighborhood that we believe represents Las Vegas’ true entertainment epicenter,” said Bill Hornbuckle, president of MGM Resorts International. “Coupling MGM’s rich legacy of hospitality and entertainment with Sydell Group’s expertise in creating hotels that cultivate a strong sense of place will result in a destination that both celebrates the history of Las Vegas and ushers in a new era.”

Construction at Park MGM and NoMad Las Vegas is expected to begin later this year and conclude in late 2018.

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