Marriott International and MGM Resorts International have unveiled a new, long-term partnership under which 17 MGM properties will join the pair's soon-to-launch MGM Collection with Marriott Bonvoy platform.
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MGM-Marriott partnership recappedBeginning in 2024, Marriott Bonvoy and MGM Resorts will start a new partnership. Most notably, the change will allow Marriott Bonvoy members to book stays and tap into loyalty benefits at a dozen Las Vegas resorts and casinos, plus five properties elsewhere in the U.S.
In Las Vegas, eight resorts will comprise the core of the new MGM Resorts with Marriott Bonvoy collection: Vdara Hotel & Spa, MGM Grand Hotel & Casino, NoMad Las Vegas, The Signature at MGM Grand, Mandalay Bay Resort and Casino, New York-New York Hotel & Casino, Luxor Hotel and Casino, and Excalibur Hotel & Casino.
In 2018, Marriott Vacations Worldwide purchased ILG for a reported $4.7 billion and since the Hyatt timeshare operation was part of ILG, it was acquired by Marriott. Fast forward to 2021 and Marriott bought Welk Resorts for $485 million, which meant that Welk and Hyatt were now both part of the Marriott empire.
Is MGM Resorts acquiring Marriott International and/or Marriott International acquiring MGM Resorts? No. This is an exclusive long-term license agreement whereby accommodations at specific MGM Resorts destinations will be available through Marriott's booking channels beginning later this fall.