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MGM Resorts CEO Bill Hornbuckle acknowledged that the company's high prices over the summer contributed to a negative perception of Las Vegas during a tourism slump. Speaking during a quarterly earnings call, Hornbuckle admitted, "When we think about pricing and things that got everyone's attention, whether it was the infamous bottle of water or a Starbucks coffee at Excalibur that cost $12, shame on us." He emphasized the need for sensitivity to customer experiences at budget-conscious properties like Excalibur and Luxor. Visitors to Las Vegas have expressed frustration over the high costs. MORE: https://news3lv.com/news/local/touris... _______________ Never miss an upload from News 3 Las Vegas! Subscribe on YouTube: https://www.youtube.com/user/News3Las... Follow News 3 on social media: News 3 Las Vegas on Facebook: / news3lasvegas News 3 Las Vegas on X: / news3lv News 3 Las Vegas on Instagram: / news3lv For all of the day’s top local and national news, visit http://www.news3lv.com Watch our live newscasts and other live video at https://news3lv.com/watch Have a news tip? Send it directly to us: Email us: [email protected] Call the Newsroom: 702-657-3150 #ksnv #News3LasVegas #localnews #lasvegas #nevada #video #news #tourism #tourists #pricing #pricing #customers #casinos #hotels #food #drinks #fees KSNV NBC News 3 Las Vegas covers news, sports, weather and traffic for the Las Vegas, Nevada area including Paradise, Spring Valley, Henderson, North Las Vegas, Indian Springs, Sloan, Searchlight, Laughlin and Nellis.