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MGM Resorts International is taking steps to implement a $90 million parking strategy to expand parking availability, implement technology upgrades and reduce the hassle and frustration resulting from outdated and inefficient facilities.
In order to fund those investments – and the ongoing maintenance and capital improvements of our parking facilities – we will be instituting fees for self and valet parking. Fees will begin to roll out at our Las Vegas hotels on June 6, 2016. These rates remain significantly below those of other highly popular tourism destinations.
The environment in Las Vegas has changed dramatically in the decades since amenities like low-quality dining, lodging and free parking were offered to attract customers. Growth in tourism and our local population – including many more cars on our local roadways – requires more parking availability, more efficient, modern parking systems and more frequent maintenance and upgrades to our aging facilities – all of which come at significant cost.
We have come to this decision with a great deal of care, particularly knowing we would be breaking with Las Vegas tradition. We are committed to continuing to develop the Las Vegas guest experience.