It was a bit surprising that MGM made a comment during the meeting. When they take over the hotel and casino in Vegas, they plan to keep the Marriott/Cosmo partnership going.
MGM has a partnership with World of Hyatt for all of their other Vegas hotels, so that wouldn't be a surprise. When MGM completed the sale of Cosmo, it was assumed that the hotel would become part of the Hyatt partnership. It would be in line with the other MGM hotels on the strip.
Some will be happy and some will be upset by this news. If you are a Marriott Bonvoy loyalist, you are pretty happy with this turn of events. If you rock World of Hyatt as your hotel brand, you are not very happy about it.
The Hyatt program's award prices would have been more accessible. I think redemptions would have been in the 25K range. Marriott award prices will only get worse with them going fully dynamic next year.
Points are not a great option in Vegas, so it probably isn't a big deal on the redemption side. Unless there is a major event driving up the cash price at hotels award redemptions are usually below average. If you spend a lot of money on property, you could be upset that you don't earn Hyatt points during your stay. Anyone that values the Marriott program will be happy that they still have that option.
There are winners and sinners in Vegas. It depends on which program you prefer.
Hat tip: Meltzer.
Big news for the miles/points people – During NGCB meeting MGM says it plans to keep the Marriott partnership w/Cosmopolitan.
— Marc (@MeltzVegas) May 12, 2022
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