Planning Process & Joining Ventures

Why would you want to initiate the “management and operation phase” of the resort-planning process described in Chapter 6 of your text prior to opening the resort? What are the advantages and disadvantages to such a timetable?

After reading the article, "MGM Resorts Joins Venture with Hakkasan Group to Build Non-Gaming Hotels Worldwide," discuss why two giants, MGM Resorts and Hakkasan Group, joined venture. What will the partnership focus on? How do they plan to brand the new entity?