text: **BELLAGIO**underwent a significant expansion during 2004 result- 
  ing in the opening of the Spa Tower and several important new 
  amenities at this AAA Five Diamond property. Bellagio remains 
  Las Vegas’ first and only hotel-casino to receive this prestigious 
  recognition. These new additions add dimension and depth to the 
  world-famous experience awaiting guests at Bellagio. 
  
  **MGM GRAND LAS VEGAS**completed a transformation, begun 
  in 2003, of its food and beverage and entertainment offerings. 
  MGM Grand is one of the must-see attractions of 
  
  Las Vegas, with Cirque du Soleil’s newest pro- 
  duction, KA`TM, and several of the Strip’s 
  finest restaurants and hottest nightspots. 
  **1**
  **8**
  **.0**
  **%**
  
  **TI**’s transformation was no less extensive, 
  as the property’s management team 
  
  **47.6%**
  **9 . 5 %**
  **14.9 %**
  
  **1**
  conceived and implemented a program to 
  enliven the property with new restaurants 
  and nightlife.  **%**
  **0**
  
  **THE MIRAGE**was the site of a revolution in 
  Las Vegas’ history as the venerable buffet was given 
  new life as a top dining establishment, Cravings. 
  2004 Revenue Mix 
  Others may follow this lead, but The Mirage was 
  the first property to breathe new life into what 
  remained of the last bastion of “old” Las Vegas. 