MGM Resorts bought the property in 2000 and reached an agreement to sell it to Hard Rock last year. The Mirage opened in 1989 under the direction of Steve Wynn.
The resort will now use Hard Rock's loyalty program, called 'Unity.' Daily operations will continue under The Mirage brand, and all room reservations and group bookings will be honored with no further action required. will retain the real estate, with Hard Rock entering into a long-term lease agreement.Įxecutives have said they plan to keep The Mirage open until the renovation and rebranding of the property are complete. Under the terms of the agreement, Hard Rock has paid $1.075 billion in cash for the operating assets of the Las Vegas Strip property to MGM Resorts.