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Fly News Breaks for October 15, 2015
MGM
Oct 15, 2015 | 07:36 EDT
Wells Fargo says its Q3 Las Vegas checks on MGM are "quite robust," in-line with the company's guidance for a 6% increase in RevPAR. The firm adds that the company's September room rates jumped 18%, while its Q4 rates are tracking up 12%, versus the consensus outlook of a 5% gain.
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