LAS VEGAS, Feb. 17, 2017 /PRNewswire/ -- MGM Resorts
International (NYSE: MGM) has once again been named to Fortune's
list of the "World's Most Admired Companies." Full results are
available online
at fortune.com/worlds-most-admired-companies.
MGM Resorts climbed to #4 this year in the Hotel, Casino and
Resort sector of the list, up from #6 last year. Twelve hospitality
companies in all contended for the top spots in the sector.
To determine the best-regarded companies in 51 industries, 3,800
executives, directors, and analysts were asked to rate enterprises
in their own industry. Rankings were based on nine criteria, among
them investment value, quality of management, social
responsibility, products and ability to attract talent.
"This prestigious recognition is a testimony to the hard work
and excellence of our 77,000 employees, and the strength of our
leadership team," said Jim Murren,
Chairman & CEO of MGM Resorts International. "Ultimately our
people and our leadership in innovation, social responsibility and
quality environments combine to deliver a world-class experience to
every guest," Murren added.
Survey Methodology
The "World's Most Admired Companies" list is a leading report
card on corporate reputations. Survey collaborator Korn Ferry Hay
Group started with approximately 1,500 companies: the Fortune
1,000—the 1,000 largest U.S. companies ranked by revenue—and
non-U.S. companies in Fortune's Global 500 database with revenues
of $10 billion or more. Korn Ferry Hay Group then
winnowed the assortment to the highest-revenue companies in each
industry, a total of 680 in 28 countries. The top-rated companies
were picked from that pool of 680 by executives who work at the
companies in that group. A company's score must rank in the top
half of its industry survey to be listed.
About MGM Resorts International
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 opened MGM National Harbor in Maryland on December 8,
2016, and is in the process of developing MGM Springfield in
Massachusetts. MGM Resorts
controls and holds a 76 percent economic interest in the operating
partnership of MGM Growth Properties LLC (NYSE: MGP), a premier
triple-net lease real estate investment trust engaged in the
acquisition, ownership and leasing of large-scale destination
entertainment and leisure resorts. The Company also owns 56 percent
of MGM China Holdings Limited (SEHK: 2282), which owns MGM
MACAU and is developing MGM COTAI,
and 50 percent of CityCenter in Las
Vegas, which features ARIA Resort & Casino. MGM Resorts
is named among FORTUNE® Magazine's 2017 list of World's Most
Admired Companies®. For more information about MGM Resorts
International, visit the Company's website at
www.mgmresorts.com.
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SOURCE MGM Resorts International