Hyatt, MGM Ending Points Partnership
Posted on: July 11, 2023, 05:33h.
Last updated on: July 11, 2023, 05:33h.
Hyatt Hotels Corp. and MGM Resorts International announced they are ending a rewards club reciprocal agreement that dates back a decade.
The World of Hyatt and MGM Rewards partnership will be scrapped effective Sept. 30. Existing reservations made by World of Hyatt members for MGM Las Vegas properties prior to September 30, 2023 will be honored. Tier matching ends on July 14.
Eligible stays with checkout dates prior to or on September 30, 2023 can earn World of Hyatt points and World of Hyatt Tier-Qualifying Night credits. However, for stays with checkouts after September 30, 2023, World of Hyatt members will no longer be eligible to earn World of Hyatt points or World of Hyatt Tier Qualifying Night,” according to MGM.
The gaming company, which is the largest operator on the Las Vegas Strip, added that members of the MGM Rewards program can still earn points and tier credits in connection with stays at its properties that were booked through Hyatt.
Hyatt, MGM Mum on Reasons for Ending Agreement
MGM noted the decision was made “under careful consideration,” but beyond that, the company and Hyatt aren’t commenting on why their lengthy partnership will end on Sept. 30.
Such agreements are common in the gaming industry for multiple reasons. First, there’s obvious enthusiasm for travel and leisure rewards programs, including casino loyalty plans. Second, some hoteliers lack significant footprints in large gaming markets. Hyatt’s exposure in Las Vegas is a prime example.
Choice Hotels International and Penn Entertainment represent an example of a traditional hotel company partnering with a casino operator on reciprocal points program accord. Caesars Entertainment’s Caesars Rewards has a similar agreement with Wyndham Rewards.
Specific to World of Hyatt, the rewards program may not be without a well-known Las Vegas partner for long. There’s unconfirmed speculation that when Dreamscape Companies assumes operational control of the Rio Hotel & Casino later this year, Hyatt will be its new hotel partner.
Important Details on End of Hyatt, MGM Accord
For points enthusiasts, there are important details to observe regarding the end of the Hyatt/MGM partnership.
“Effective September 30, 2023, World of Hyatt members will no longer be eligible to earn World of Hyatt points or World of Hyatt Tier Qualifying Nights for such stays at MGM Resorts destinations in Las Vegas where checkout is after September 30, 2023,” added MGM. “Therefore, stays at MGM Resorts destinations in Las Vegas that check-out after September 30, 2023, will no longer be eligible to earn World of Hyatt points or World of Hyatt Tier Qualifying Nights for any portion of your stay.”
World of Hyatt members that tier matched into MGM Rewards from Feb. 1, 2023 through July 14, 2023 will have that matched status honored through Jan. 31, 2024.
For stays completed at MGM Las Vegas properties by Sept. 30, World of Hyatt members have up to year from the end of the stay to request retroactive tier credits.
Related News Articles
Source: casino.org
