MARRIOTT INTERNATIONAL AND MGM RESORTS INTERNATIONAL SIGN AGREEMENT TO LAUNCH W LAS VEGAS (United States)
W Las Vegas marks the latest step in the long-term strategic licensing agreement between MGM Resorts International and Marriott International. |
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MARRIOTT INTERNATIONAL AND MGM RESORTS INTERNATIONAL SIGN AGREEMENT TO LAUNCH W LAS VEGAS (United States)
W Las Vegas marks the latest step in the long-term strategic licensing agreement between MGM Resorts International and Marriott International. |
Category: North America & West Indies / Carribean islands - United States - Industry economy
- Hotel projects
This is a press release selected by our editorial committee and published online for free on 2024-10-31
Marriott International, Inc. (Nasdaq: MAR) and MGM Resorts International (NYSE: MGM) announced plans to convert an iconic property on the Las Vegas Strip to the W Hotels brand within the Marriott Bonvoy portfolio, continuing the brand’s storied evolution. Anticipated to complete its conversion later this year, W Las Vegas marks the latest step in the companies’ long-term strategic licensing agreement announced in July 2023.
“Our relationship with Marriott has far exceeded our expectations, demonstrating the power of its brand portfolio and the strength of their distribution channels,” said Steve Zanella, President of MGM Resorts Operations.
“W Las Vegas, the latest hotel to come to life as part of our collaboration, will allow our guests to access a new luxury lifestyle experience recognized worldwide for its distinct personality, dynamic programming and elevated service culture.”
“We’re thrilled to continue working with MGM to bring W Las Vegas to the legendary Las Vegas Strip,” said Leeny Oberg, Marriott International Chief Financial Officer and EVP, Development.
“This agreement is a pivotal moment in our collaboration, which continues to expand hospitality and entertainment offerings for guests. As a luxury brand rooted in bold design and nightlife, W Hotels is well-positioned to elevate experiences for travelers in this destination."
Since MGM Collection with Marriott Bonvoy officially launched in March 2024, bookings are significantly outpacing anticipated projections with hundreds of thousands of room nights booked.
This collaboration between two trusted hospitality brands means more than 200 million Marriott Bonvoy members can enjoy unique benefits and redeem points at MGM Resorts’ destinations while MGM Rewards members can status match and receive member benefits at Marriott’s global portfolio of approximately 9,000 properties.
Located on the Mandalay Bay Campus, the hotel is slated to officially join the W Hotels portfolio later this year, with additional plans for the property to be announced in the future.
With the addition of W Las Vegas, MGM Collection with Marriott Bonvoy will encompass 12 destinations on the Las Vegas Strip, including Bellagio, a Luxury Collection Resort & Casino, ARIA Resort & Casino, Autograph Collection, The Cosmopolitan of Las Vegas, Autograph Collection, and Mandalay Bay Resort & Casino, MGM Collection, among others.
To learn more about MGM Collection with Marriott Bonvoy, visit here for more information..
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500 global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker, and the Company’s subsidiary LeoVegas AB offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its “Focused on What Matters: Embracing Humanity and Protecting the Planet” philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE Magazine's World's Most Admired Companies.
About Marriott International, Inc.
Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of approximately 9,000 properties across more than 30 leading brands in 141 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy, its highly awarded travel program.
Comment from Journal des Palaces: Goodbye Delano, hello W! Will Chef Alain Ducasse's excellent Rivea restaurant and the Skyfall bar with their incredible views of the Strip remain after the hotel rebrand?
 Photo credit © Marriott International
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