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Analysis

Hard Rock's $1B Vegas Hotel Buy Prompted By Inflation Fears

By Andrew McIntyre (December 14, 2021, 5:04 PM EST) -- Hard Rock International Inc.'s recent $1.075 billion purchase of the Mirage Hotel and Casino in Las Vegas is the latest in a growing trend of investing in hotels amid fears of inflation, and experts expect hotel mergers and acquisitions activity to remain strong over the coming months....

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