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Monte Carlo Hotel to Reopen Friday, February 15

Monte Carlo Hotel to Reopen Friday, February 15

Category: Europe
This is a press release selected by our editorial committee and published online for free on 2008-02-11


Round-the-Clock Effort Will Have Hotel Ready To Welcome Customers for Presidents' Day Weekend

MGM MIRAGE (NYSE: MGM)
announced today that the Monte Carlo Hotel will reopen its doors for
customers on Friday, February 15.

Monte Carlo President and COO Anton Nikodemus announced the news,
saying, "After what can only be described as an incredible effort by the
best team of employees and contractors in the business, the Monte Carlo
family will be in place February 15 to welcome guests for Presidents' Day
weekend."

Monte Carlo plans to open with no fewer than 1,200 guest rooms
available and management anticipates an additional 1,300 rooms will become
available by February 22. The remaining 500 rooms in Monte Carlo's normal
3,000-room inventory are located on the upper floors and will remain out of
service while undergoing more extensive redesign.

The majority of guest services will open on February 15, including the
Monte Carlo Casino, meeting and convention facilities, the wedding chapel
and the Spa & Salon Monte Carlo. All food and beverage outlets will open on
the 15th, with the exception of the buffet and the Monte Carlo Brew Pub,
which will open as business demands, but no later than the 22nd. Most
retail outlets will open February 15, with all opening no later than the
22nd.

Master Magician Lance Burton will resume his long-running show February
15, in the 1,200-seat Lance Burton Theater.

Remediation work continues both inside and outside the hotel, which was
evacuated and temporarily closed January 25, after a fire damaged portions
of the building's exterior facade. Clark County firefighters, supported by
emergency personnel from around the valley, quickly extinguished the blaze.
Fire suppression efforts caused water damage to a number of guest rooms and
suites.

Approximately 5,000 guests and 1,000 employees were safely evacuated
from the hotel with no serious injuries. Preliminary results of the Clark
County Fire Department's investigation have determined that welding
activity on the hotel roof started the fire. A total damage figure has not
yet been determined.

"Monte Carlo President Anton Nikodemus and the entire Monte Carlo team
are to be commended for their tireless efforts," said Bobby Baldwin,
President and CEO of CityCenter and Chief Design and Construction Officer
for MGM MIRAGE. "Without the leadership, dedication and perseverance of
these individuals, along with the professional support of the entire MGM
MIRAGE family, this rapid turnaround would not have been possible. This
accomplishment is no less than a testament to their commitment -- both to
our customers and to one another."



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