Venue News: Mirage Las Vegas Announces Closure for Hard Rock Resort Transformation

May 20, 2024

After more than three decades of operating on the Las Vegas Strip, the Mirage Las Vegas will be shutting its doors on July 17. The landmark 3,044-room resort will undergo a three-year renovation and construction project that will transform the tropical-themed property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas.

Expected to open in spring 2027, the new hotel-casino will feature a guitar-shaped, 660-foot hotel tower, similar to its sister property in Hollywood, Fla.

“We’d like to thank the Las Vegas community and team members for warmly welcoming Hard Rock after enjoying 34 years at The Mirage,” said Jim Allen, chairman of Hard Rock International (HRI), in a May 15 statement announcing the closure. 

Jim Allen, Hard Rock International
Jim Allen, Hard Rock International

Credited with ushering in a new era of ultra-luxury resorts, the Mirage opened in November 1989, the creation of casino mogul Steve Wynn. As the first resort to create a sidewalk attraction with its artificial volcano erupting nightly, it was home to other quintessential Las Vegas features including Siegfried and Roy’s white tigers magic show and the Beatles-themed Cirque du Soleil show, “LOVE,” the latter of which ends its 18-year run on July 7.

After purchasing the Mirage from Wynn in 2000, MGM Resorts sold it in December 2022 for more than $1 billion to HRI, which is owned by the Seminole Tribe of Florida. The property remained open while rebranding and renovation plans were finalized.

The resort has also been a popular destination for meetings and event groups, with plentiful spaces including a 90,000-square-foot Events Center, a 40,000-sq.-ft. Grand Ballroom, two smaller ballrooms measuring 5,280 and 10,500 sq. ft., a 4,680-sq.-ft. event room and 1,829-sq.-ft. boardroom.

According to HRI officials, more than 3,000 Mirage employees will be laid off beginning in July, and it will pay out $80 million in severance.

Mirage Las Vegas Event Center
Mirage Las Vegas Events Center

The Culinary Workers Union Local 226 and Bartenders Union Local 165, which represent about 1,700 Mirage employees, said that affected workers will get $2,000 for each year of service, plus six months of pension and health benefits or a lesser amount while maintaining seniority rights for the duration of the property’s closure and 36 months of recall rights.  

“Culinary Union members at The Mirage have a strong union contract, ensuring that workers are protected, even as the property closes its doors entirely for three years from July 2024-May 2027,” said the union’s Secretary-Treasurer Ted Pappageorge in a statement. “[We] will continue to ensure workers are protected and centered in the property’s future.” 

The Mirage’s closure marks the second time this year that a historic Strip hotel-casino has shuttered. On April 2, the Tropicana Las Vegas closed its doors after 67 years to clear the way for a $1.5 billion professional baseball stadium that is planned to be the future home of the Oakland Athletics.

“We look forward to the beginning of an exciting journey into a new era as Hard Rock Las Vegas will ignite the Strip with entertainment, innovation and world-class hospitality,” resort officials said on the Mirage’s Facebook page.

Have some trade show-related venue news to share? Reach out to lisa.savas@informa.com and danica.tormohlen@informa.com.

 

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.