water crisis
MGM Resorts Becomes First Gaming Company to Sign United Nations’ CEO Water Mandate
MGM Resorts International | February 22, 2023
LAS VEGAS, Feb. 22, 2023 -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it endorsed the United Nations' CEO Water Mandate – a global initiative and coalition of hundreds of major companies making bold commitments to address water crises and challenges. MGM Resorts is the first gaming company to endorse the mandate. "Given our environmental conditions, Las Vegas has long been innovative it its approach to water. We are fortunate to do business in a place that has a world class water management system and hope to help others learn from successes here," said MGM Resorts CEO and President Bill Ho...
Cape Town’s Water Crisis Not a Dampener to Tourism Prospects
HTI Consulting | April 2, 2018
Earlier this year, as news of Cape Town's water crisis reach the world and 'Day Zero' predictions loomed ever larger (on 17 January Cape Town Mayor Patricia de Lille announced the city had reached "a point of no return" in its water supplies, and that Day Zero was virtually guaranteed in a matter of weeks) so vital questions were raised as to the impact on visitor numbers to the Mother City and the potential dimming tourism, the country's economic bright spot. Says Wayne Troughton of hospitality, real estate and leisure consulting company, HTI Consulting, "According to Cape Town Tourism and WTCC, tourism accounted for an estimated 9% of...
