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.
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.