MGM Resorts International announced the launch of its new luxury hotel brand, MGM Reserve, with the first property set to open in May this year. In the past two years, MGM has opened three hotels in Shanghai, Qingdao, and Shenzhen, while also signing agreements for new properties under its Mirage by MGM and Mhub by MGM brands in Shanghai and Hangzhou. MGM has also expanded its cultural initiatives in Asia, including the development of the Poly MGM Museum.