Press release
MARRIOTT INTERNATIONAL AND MGM RESORTS INTERNATIONAL ANNOUNCE LONG-TERM LICENSE AGREEMENT AND CREATION OF "MGM COLLECTION WITH MARRIOTT BONVOY"
Additionally, Marriott International and BetMGM sign loyalty marketing agreement to make Marriott Bonvoy the exclusive hospitality loyalty program partner of
About this update from Marriott International
[{"type":"text","content":"Additionally, Marriott International and BetMGM sign loyalty marketing agreement to make Marriott Bonvoy the exclusive hospitality loyalty program partner of BetMGM\nBETHESDA, Md. and LAS VEGAS, July 17, 2023 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) and MGM Resorts International (NYSE: MGM) announced today an exclusive long-term strategic licensing agreement and the creation of MGM Collection with Marriott Bonvoy, which will launch in October 2023, and encompass 17 of MGM's unrivaled resorts, representing more than 40,000 rooms in Las Vegas and other cities across the U.S.\nExperience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9178653-marriott-mgm-license-agreement-creates-mgm-collection-with-marriott-bonvoy/\nBeginning in October, several MGM Collection with Marriott Bonvoy resorts will be available for booking on Marriott's robust digital platforms, including Marriott.com and the Marriott Bonvoy mobile app, with all properties expected to be available by the end of the year. These resorts will continue to be available on MGM Resorts' channels, including MGMRewards.com and the MGM Resorts mobile app.\n\"This historic, long-term agreement brings together two of the most trusted and iconic brands in hospitality and entertainment,\" said Bill Hornbuckle, President and Chief Executive Officer, MGM Resorts. \"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. 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.\"\n\"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,\" said Anthony Capuano, President and Chief Executive Officer, Marriott International. \"We look forward to increasing our global rooms distribution by 2.4 percent as we grow our presence on the Las Vegas Strip and in other compelling destinations across the U.S.\"\nThe agreement between MGM Resort...