LAS VEGAS (June 3, 2016) — Eataly has announced plans to open a new store in a luxury resort under development on the famed Las Vegas Strip in collaboration with MGM Resorts International and Sydell Group. Creating a unique hospitality experience, the new resort, Park MGM, will allow guests to explore Eataly’s vibrant marketplace with cafes, to-go counters, and sit-down restaurants interspersed with high-quality products from sustainable Italian and local producers.
“We are thrilled to partner with MGM Resorts and Sydell Group for this exciting new venture,” said Nicola Farinetti, CEO of Eataly USA. “With each of their many distinctive properties, both organizations have demonstrated their dedication to quality – something that we value above all at Eataly.”
One of the world’s leading global hospitality companies, MGM Resorts operates a variety of iconic resort brands including Bellagio and MGM Grand. Sydell Group is known for its boutique, trend-setting hotels, including the acclaimed NoMad in New York, located only five blocks away from Eataly’s flagship store.
The two companies today announced a partnership to reimagine and rebrand Monte Carlo Resort and Casino on the Las Vegas Strip with two distinct hotel experiences; Park MGM, a nearly 2,700-room luxury resort; and The NoMad Las Vegas, an intimate hotel within Park MGM, featuring 292 guest rooms and suites.
“The union of these organizations’ expertise in hotels, luxury resorts, and entertainment with Eataly’s own legacy in the culinary industry promises to give guests a wholly unique hospitality experience,” Farinetti said. “On our end, we look forward to bringing our own brand – passion for quality, Italian food and drink, and maybe a generous splash or two of Italian humor – to the vibrant city of Las Vegas.”
Eataly Las Vegas promises to be different from other Eataly stores in concept and execution, while still bringing forward high quality ingredients and meals, and the same values of sustainability and respect for the producers. Eataly Las Vegas is anticipated to open in 2018.
“As Italians, Vegas is a completely new scene for us,” Farinetti admitted. “We can’t wait to share our country’s delicious food and culture – and discover what the American Southwest has to offer.”
Created by Oscar Farinetti, Eataly is the largest Italian marketplace in the world. From the opening of the first location in Turin in 2007, Eataly’s philosophy has spread to the rest of the world: “Eat, Shop, and Learn.” The marketplace offers a place where it is possible to discover high-quality food and drink at accessible prices. Consumers can experiment with new combinations of flavors at the various restaurants throughout the marketplace, shop for products, before learning more about the Mediterranean culture with educational courses on food, wine, and nutrition. Eataly already has nearly 30 locations in Italy, Japan, Dubai, Turkey, Brazil, and the United States. Located on the celebrated Fifth Avenue, the first Eataly in the U.S. opened in New York in 2010 in a space of more than 50,000 square feet; Eataly Chicago followed in 2013. Eataly USA is a product of the collaboration between Eataly Italia; B&B Hospitality Group: Mario Batali, Joe, and Lidia Bastianich; and Adam and Alex Saper, brothers and operating partners. The company looks forward to opening locations in Downtown New York, Boston, and Las Vegas. For more information about Eataly, visit www.eataly.com.
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 is in the process of developing MGM National Harbor in Maryland and MGM Springfield in Massachusetts. MGM Resorts controls, and holds a 73 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 51 percent of MGM China Holdings Limited (HK: 2282), which owns the MGM Macau resort and casino and is developing a gaming resort in Cotai, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. MGM Resorts is named among FORTUNE® Magazine's 2016 list of World's Most Admired Companies®. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
ABOUT SYDELL GROUP
A partnership between investor Ron Burkle and founder Andrew Zobler, the Sydell Group is the creator and manager of unique hotels deeply rooted in their location and architecture. Sydell’s core expertise is an ability to collaborate with original talent within the world of design, food & beverage, and retail, and bring them together in the creation of compelling new hotels that engage the communities around them. Sydell Group’s diverse portfolio of award-winning properties include The NoMad, New York; The Line Hotel, Los Angeles; Freehand Miami & Chicago; as well as upcoming openings in Los Angeles, Washington, DC; London; and New York.