Dubai World-tied MGM sees 30 China hotels by 2015

Michael Sagild has been appointed Managing Director-Asia for MGM Hospitality, based in Hong Kong. He was most recently the Chief Executive Officer of Stein Management International . Sagild, a Lausanne graduate, was previously the Chief Operating officer of Bangkok-based Minor Group , following five years as Managing Director, Asia-Pacific for Le Méridien Hotels and Resorts . Find the perfect Orient Mgm International Hotel stock photos and editorial news pictures from Getty Images. Select from premium Orient Mgm International Hotel of the highest quality. Michael Sagild, MGM Hospitality Sagild, who was appointed to his job a year ago, is one of the company’s relatively new arrivals from the non-gambling world. He is charged with leveraging its world-famous brands—the company’s most “cherished treasure”—while increasing MGM’s footprint by operating hotels and branded residences in emerging markets. The first MGM Grand Sanya will open in Hainan Island, China at the end of 2011. "We have nine management agreements signed in China out of 20 agreements signed around the world with another 30 in the planning stage," said Michael Sagild, MGM Hospitality’s Managing Director—Asia Pacific Development. Michael Sagild, MGM Hospitality Sagild, who was appointed to his job a year ago, is one of the company’s relatively new arrivals from the non-gambling world. He is charged with leveraging its world-famous brands—the company’s most “cherished treasure”—while increasing MGM’s footprint by operating hotels and branded residences in emerging markets. MGM Hospitality, a unit of the company that focuses on luxury hotels, is currently building 20 hotels in the Asia- Pacific region, with nine of those in Chinese cities including Shanghai and Ningbo, said Michael Sagild, managing director for Asia-Pacific development at the unit.

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