MGM Resorts tips

Even though the big MGM-Marriott loyalty & booking partnership that was announced earlier this year with much fanfare has been delayed until early 2024 — ostensibly due to MGM’s cybersecurity threat which derailed much of its business over weeks — MGM CEO Bill Hornbuckle is very bullish about it.

 MGM Resorts executives enthused Wednesday about the likely impact of their newly minted licensing deal with the Marriott Bonvoy loyalty program.

MGM Resorts CEO and president William Hornbuckle made around $38 million in pay in 2023, more than the CEOs of rival casino resort operators Wynn Resorts and Las Vegas Sands, as detailed in recent SEC filings.

Last July, Marriott International and MGM Resorts announced a licensing tie-up where members of the Marriott Bonvoy loyalty program could earn and redeem points for activity at MGM Resorts’ properties. On Wednesday, travelers became able to take advantage of this partnership at 16 MGM Resort locations.

MGM Resort’s upcoming three-hotels-in-one mega-resort in Dubai will not have a casino, CEO and president Bill Hornbuckle has said. Still, he has high hopes for the project, now with a new budget in excess of $2.5 billion.

The Super Bowl helped MGM Resorts post three of the top five days in revenue it has ever recorded at hotels on the Las Vegas Strip, executives said Tuesday.

Some 35,000 Las Vegas hospitality workers are ready to walk off the job on Friday, November 10 in a strike against casino and resort operators MGM Resorts International, Caesars Entertainment and Wynn Resorts if they do not have a labor contract by then, their unions said on Thursday.

The CEO of MGM Resorts has shared his expectation that the UAE could greenlight up to four casinos, including one in his own development: The MGM in Dubai. Bill Hornbuckle said at the Global Gaming Conference in Las Vegas this week that MGM is building a “podium and pedestal” that “could house a casino,” on the island in Dubai.

Good morning from Skift. It’s Wednesday, August 30. Here’s what you need to know about the business of travel today.

Hyatt, Marriott, and MGM Resorts have been hit with lawsuits since 2019 over how they disclose mandatory resort fees. The companies have since changed how they disclose resort fees on their websites and apps.

Many of the major hotels and online travel agencies have reported financial results for the first half of the year. The common message: Demand for travel remains robust, even as there is worry about an uncertain global economy and recession fears.

Six casino companies have agreed to invest a total of $15 billion in Macau over ten years, with more than 90 percent of the money pledged to non-gaming activities.

The Nevada Division of Tourism is launching a 10-year plan to entice convention and conference visitors away from Las Vegas to other regions in the state.

MGM Resorts International reported earnings for the fourth quarter of 2022 on Wednesday. Here are key points about the operator of 32 hotels and casinos in the U.S. and Macau.

Booking.com, which has marketing relationships with the International Cricket Council and the Union of European Football Associations, is playing ball with Major League Baseball.

Executives at MGM Resorts International are hopeful that gaming may be approved by the United Arab Emirates, possibly as soon as this year.

The U.S. has kick-started a multi-year infrastructure boom, but too much of it is focused on airports, reckons Bill Hornbuckle, CEO and President of MGM Resorts International.

Marriott International has signed a licensing deal with MGM Resorts to let Marriott Bonvoy loyalty members earn points when staying at 17 MGM resorts, starting in October. Bookings at 40,000 of MGM’s rooms mainly in Las Vegas will be available through Marriott’s site and app by year-end.