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MGM MIRAGE SuppData-May62008

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  • 1. MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - NET REVENUES BY RESORT - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended March 31, March 31, 2008 2007 Bellagio $ 333,932 $ 350,183 MGM Grand Las Vegas 286,990 292,577 Mandalay Bay 243,842 248,202 The Mirage 193,989 194,719 Luxor 108,207 114,452 Treasure Island 99,132 107,294 New York-New York 84,186 83,823 Excalibur 85,006 86,027 Monte Carlo 48,396 81,209 Circus Circus Las Vegas (1) 64,377 67,857 $ 1,548,057 $ 1,626,343 MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - HOTEL STATISTICS - LAS VEGAS STRIP (Unaudited) Three Months Ended March 31, March 31, 2008 2007 Bellagio Occupancy % 93.5% 95.7% Average daily rate (ADR) $279 $277 Revenue per available room (REVPAR) $261 $265 MGM Grand Las Vegas Occupancy % 97.1% 96.0% ADR $161 $175 REVPAR $156 $168 Mandalay Bay Occupancy % 89.6% 94.5% ADR $236 $245 REVPAR $211 $231 The Mirage Occupancy % 98.2% 97.7% ADR $189 $194 REVPAR $185 $190 Luxor Occupancy % 97.3% 98.2% ADR $132 $138 REVPAR $128 $135 Treasure Island Occupancy % 95.7% 97.6% ADR $153 $158 REVPAR $147 $154 New York-New York Occupancy % 97.5% 98.8% ADR $146 $153 REVPAR $142 $151 Excalibur Occupancy % 90.9% 94.1% ADR $106 $105 REVPAR $96 $99 Monte Carlo Occupancy % 93.0% 96.2% ADR $131 $142 REVPAR $122 $136 Circus Circus Las Vegas Occupancy % 83.9% 90.3% ADR $74 $74 REVPAR $62 $67 (1) Includes Slots-A-Fun. Page 1 of 3
  • 2. MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - PROPERTY EBITDA BY RESORT - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended March 31, March 31, 2008 2007 Bellagio $ 109,869 $ 131,614 MGM Grand Las Vegas 79,945 95,669 Mandalay Bay 74,366 83,655 The Mirage 51,499 53,811 Luxor 40,003 45,600 Treasure Island 29,589 33,687 New York-New York 34,294 34,904 Excalibur 31,372 31,560 Monte Carlo 13,628 33,567 Circus Circus Las Vegas (1) 14,931 18,749 CityCenter - (13,974) $ 479,496 $ 548,842 MGM MIRAGE AND SUBSIDIARIES DETAIL OF CERTAIN CHARGES AFFECTING PROPERTY EBITDA - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended March 31, 2008 Preopening and Property start-up Restructuring transactions, expenses costs net Total Bellagio $ - $ - $ 1,099 $ 1,099 MGM Grand Las Vegas 164 - 2 166 Mandalay Bay - - 1,138 1,138 The Mirage - - 395 395 Luxor - - 2 2 Treasure Island - - 73 73 New York-New York 62 - - 62 Excalibur - - (3) (3) Monte Carlo - 75 83 158 Circus Circus Las Vegas (1) - 254 - 254 CityCenter - - - - $ 226 $ 329 $ 2,789 $ 3,344 Three Months Ended March 31, 2007 Preopening and Property start-up Restructuring transactions, expenses costs net Total Bellagio $ - $ - $ (275) $ (275) MGM Grand Las Vegas 220 - - 220 Mandalay Bay - - 17 17 The Mirage - - - - Luxor - - (25) (25) Treasure Island - - (3) (3) New York-New York - - - - Excalibur - - 189 189 Monte Carlo 110 - 368 478 Circus Circus Las Vegas (1) - - 7 7 CityCenter 8,142 - - 8,142 $ 8,472 $ - $ 278 $ 8,750 (1) Includes Slots-A-Fun. Page 2 of 3
  • 3. MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - RECONCILIATION OF OPERATING INCOME TO PROPERTY EBITDA - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended March 31, 2008 Depreciation Operating and income (loss) amortization EBITDA Bellagio $ 75,822 $ 34,047 $ 109,869 MGM Grand Las Vegas 55,029 24,916 79,945 Mandalay Bay 49,142 25,224 74,366 The Mirage 36,672 14,827 51,499 Luxor 27,486 12,517 40,003 Treasure Island 21,259 8,330 29,589 New York-New York 25,912 8,382 34,294 Excalibur 24,651 6,721 31,372 Monte Carlo 7,609 6,019 13,628 Circus Circus Las Vegas (1) 9,715 5,216 14,931 CityCenter - - - $ 333,297 $ 146,199 $ 479,496 Three Months Ended March 31, 2007 Depreciation Operating and income (loss) amortization EBITDA Bellagio $ 100,643 $ 30,971 $ 131,614 MGM Grand Las Vegas 71,231 24,438 95,669 Mandalay Bay 62,297 21,358 83,655 The Mirage 38,260 15,551 53,811 Luxor 36,122 9,478 45,600 Treasure Island 25,849 7,838 33,687 New York-New York 27,295 7,609 34,904 Excalibur 26,023 5,537 31,560 Monte Carlo 28,176 5,391 33,567 Circus Circus Las Vegas (1) 13,604 5,145 18,749 CityCenter (14,555) 581 (13,974) $ 414,945 $ 133,897 $ 548,842 (1) Includes Slots-A-Fun. Page 3 of 3