MGM Announces New Partnership with Marriott Bonvoy MGM Announces New Partnership with Marriott Bonvoy
Introducing the MGM Collection with Marriott Bonvoy

MGM Announces New Partnership with Marriott Bonvoy

In a shakeup to the Las Vegas Strip’s hotel scene, MGM and Marriott Bonvoy have announced a new pact that will go into effect this fall.

About the partnership:

Last week, MGM and Hyatt announced that their long-held partnership would be coming to an end after September 30th. Today, MGM and Marriott Bonvoy revealed a new partnership that will begin this October. Under this exclusive, long-term agreement, several MGM properties — to be known as the MGM Collection with Marriott Bonvoy — will be available to book via Marriott platforms. This collection includes eight Las Vegas properties as well as five MGM properties elsewhere in the United States. Meanwhile, four MGM locations will be added to existing Marriott collections, such as the Bellagio joining the Luxury Collection.

The new partnership also promises benefits for MGM and Marriott Bonvoy loyalty members. This will include reciprocal perks for MGM Rewards members staying at Marriott Bonvoy properties and for Bonvoy elites visiting MGM locations.  Additionally, members will be able to exchange MGM Rewards points for Marriott Bonvoy points and vice versa. However, the companies stated that more information about linking accounts and other loyalty program benefits will be announced at a later date.

MGM’s relationship with Marriott Bonvoy actually began with the former company’s acquisition of The Cosmopolitan last year. At the time of the purchase, the hotel was affiliated with Marriott Bonvoy as part of their Autograph Collection where it has remained (and will remain) despite the MGM ownership and conflict with the previous Hyatt partnership.

What they’re saying:

Announcing the impacts of this new partnership, MGM Resorts president and CEO Bill Hornbuckle said, “This historic, long-term agreement brings together two of the most trusted and iconic brands in hospitality and entertainment. We’ve seen first-hand the strong demand from Marriott International customers through our existing relationship at The Cosmopolitan of Las Vegas, and this new agreement will enable us to further optimize our overall profitability.” Hornbuckle added, “We’re thrilled to now scale the relationship and offer Marriott Bonvoy members greater distribution access to our award-winning resorts – as well as exclusive event and entertainment opportunities – in Las Vegas and across the U.S.”

Meanwhile, Marriott International president and CEO Anthony Capuano said of working with MGM, “We are excited to make MGM Resorts’ incredible properties available on Marriott channels, allowing our members to enjoy Marriott Bonvoy benefits when they stay at MGM Collection with Marriott Bonvoy resorts. We look forward to increasing our global rooms distribution by 2.4% as we grow our presence on the Las Vegas Strip and in other compelling destinations across the U.S.”

My thoughts:

While I was sad to see MGM break off its partnership with Hyatt due to the status match merry-go-round that the deal offered, this new partnership could provide an even better opportunity for some credit card customers. Although the specifics aren’t quite clear yet, it appears as though Marriott Bonvoy and MGM Rewards customers will be able to status match to some degree — which is key since the American Express Platinum card includes complimentary Bonvoy Gold status. Of course, we’ll need to wait and see what (if anything) will match in terms of the MGM Rewards tier as there’s no guarantee that Gold will mean Gold. Should that be the case, suddenly the Bonvoy Brilliant card looks more interesting thanks to its automatic Platinum status and a bevy of other perks. If nothing else, though, this should mean that Amex customers will be able to turn their Membership Rewards points into Bonvoy points that can then be redeemed for MGM points, which is also an interesting prospect.

Overall, for travelers, MGM, and Marriott Bonvoy alike, this is an interesting partnership that will hopefully prove fruitful.

Author

Kyle Burbank

Head Writer ~ Fioney
Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan. In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Money@30's YouTube channel, which has garnered more than 2 million views. Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.

Other Articles by Kyle Burbank

2023 Small Business Credit Card Satisfaction Tops 2019 Highs

The latest small business credit card study from J.D. Power shows satisfaction continuing to rise. About the study and results: This week, J.D Power released its 2023 U.S. Small Business Credit Card Satisfaction Study, which includes responses from more than 3,400 small business credit card customers. In this case, the study looked at businesses with annual revenues between $10,000 and $10 million. First, it was discovered that overall satisfaction among...

Discover Announces 5% Bonus Categories for First Quarter of 2024

With 2024 sneaking up on us, Discover has announced its rotating 5% bonus categories for the first quarter of next year. About the Q1 2024 bonus categories: From January through March 2024, Discover It customers will be able to earn up to 5% back in two categories: restaurants and drugstores. According to the company, the Restaurants category includes full-service establishments, cafes, cafeterias, fast-food locations, and dining delivery services. For the...

Public App Adds Corporate and Treasury Bonds Feature

The FinTech trading app Public has announced new investment options for its members. About the features: Public is now rolling out the ability for customers to invest fractionally in corporate and Treasury bonds. This capability will be introduced on both the mobile and desktop interfaces for the service. According to Public, the addition comes as demand for fixed-income products increases. In addition to these bond types, the app will also...
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
Summer app

Student Loan Benefit FinTech Summer Raises $6 Million

For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...
Melissa Urban holding a Ness card

Health and Wellness Rewards Card Ness Partners with Whole30

In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...
Choice Privileges Select Card

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....