Aria Occupancy hits 90%

MGM Resorts International has reported their second quarter results, and Aria has scored all time high occupancy and room rates for the second straight quarter. Occupancy hit 90% in the second quarter of 2011 while ADR increased $1 to $202.

At the other MGM properties second quarter occupancy was 94% with an ADR of $126, compared to occupancy of 93% and ADR of $115 in the same quarter last year.

Aria Occupancy and Average Daily Rate:

1Q 2010 - 63% - $194
2Q 2010 - 80% - $178
3Q 2010 - 82% - $175
4Q 2010 - 80% - $190
1Q 2011 - 86% - $201
2Q 2011 - 90% - $202

Source: MGM Resorts International.