|The Signature at MGM Grand
is a condo hotel built by a partnership of MGM Mirage and Turnberry
Associates on the location of MGM Grand's closed theme park. These
three identical towers consist of 576 fully furnished units each.
Owners are able to collect rental income when they're away by listing
their condo with the MGM Grand Hotel. This places their unit into the
hotel's room inventory to be used as luxury suites by The Signature
when they are not occupied by the owner. The owner, minus fees for
hotel maintenance, marketing, and upkeep, receives a split of the
rental rate of the owner's unit.