Marriott and MGM link loyalty programs in a bid on business travelers
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Marriott and MGM Resorts International announced a partnership Monday to link their loyalty programs and give customers more options for cashing in. Under the deal, MGM guests in the United States can earn Marriott Bonvoy rewards points and Bonvoy members will in turn have access to 17 MGM properties when they spend their points. related investing news MGM's 40,000 rooms will increase Marriott's global portfolio offerings 2.4%. The partnership seeks to capitalize on frequent or business travelers, who can be fiercely loyal to certain hotel brands in effort to rack up rewards. Those loyalty programs drive business and help differentiate competitors at a time when travel is continuing to rebound from a pandemic pause. "The value is in the quantity and the quality of the customer," MGM CEO Bill Hornbuckle told CNBC in an interview Monday. Bonvoy has more than 180 million members. If members want to use their reward points for a stay on the Las Vegas Strip, ...