MARRIOTT INTERNATIONAL AND MGM RESORTS INTERNATIONAL ANNOUNCE LONG-TERM LICENSE AGREEMENT AND CREATION OF "MGM COLLECTION WITH MARRIOTT BONVOY"
BETHESDA, 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.
- These resorts will continue to be available on MGM Resorts' channels, including MGMRewards.com and the MGM Resorts mobile app.
- "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.
- Members of MGM Rewards, MGM Resorts' acclaimed loyalty platform with more than 40 million members globally, will be eligible to link accounts with Marriott Bonvoy and receive select member benefits.
- Five MGM Resorts in other U.S. locations will also join MGM Collection with Marriott Bonvoy: Borgata (Atlantic City, New Jersey), Beau Rivage (Biloxi, Mississippi), MGM Grand Detroit (Michigan), MGM National Harbor (Maryland), and MGM Springfield (Massachusetts).