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THE COSMOPOLITAN OF LAS VEGAS NOW INTEGRATED INTO MGM REWARDS LOYALTY PROGRAM

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The Cosmopolitan of Las Vegas has been officially integrated into MGM Rewards, allowing members to earn and redeem rewards at this luxury resort. This integration marks a significant milestone, introducing The Cosmopolitan's amenities to a broader audience while offering its loyal guests access to over 20 MGM Resorts properties nationwide.

Former Identity members of The Cosmopolitan can now enjoy perks across MGM Resorts' portfolio, including access to over 40,000 hotel rooms, 400+ restaurants and bars, and world-class entertainment. MGM Rewards members with select Tier Status will benefit from enhanced perks at The Cosmopolitan, such as priority access, waived resort fees, and various credits.

The integration process involved transferring Identity Points to MGM Rewards Points and SLOT DOLLARS®. The Cosmopolitan will maintain its affiliation with Marriott Bonvoy's Autograph Collection brand and participate in MGM Collection with Marriott Bonvoy.

Il Cosmopolitan di Las Vegas è stato ufficialmente integrato in MGM Rewards, permettendo ai membri di guadagnare e riscattare premi presso questo resort di lusso. Questa integrazione rappresenta un traguardo significativo, introducendo i servizi del Cosmopolitan a un pubblico più ampio, offrendo ai suoi ospiti fedeli accesso a oltre 20 proprietà MGM Resorts in tutto il paese.

I membri precedenti di Identity del Cosmopolitan possono ora godere di vantaggi nel portafoglio di MGM Resorts, inclusi l'accesso a oltre 40.000 camere d'hotel, 400+ ristoranti e bar, e intrattenimento di livello mondiale. I membri di MGM Rewards con determinate status di categoria beneficeranno di vantaggi migliorati al Cosmopolitan, come accesso prioritario, esenzione dalle tasse di soggiorno e vari crediti.

Il processo di integrazione ha comportato il trasferimento dei Punti Identity in Punti MGM Rewards e SLOT DOLLARS®. Il Cosmopolitan manterrà la sua affiliazione con il marchio Autograph Collection di Marriott Bonvoy e parteciperà alla MGM Collection con Marriott Bonvoy.

El Cosmopolitan de Las Vegas ha sido oficialmente integrado en MGM Rewards, permitiendo a los miembros ganar y canjear recompensas en este resort de lujo. Esta integración marca un hito significativo, presentando las comodidades del Cosmopolitan a un público más amplio mientras ofrece a sus huéspedes leales acceso a más de 20 propiedades de MGM Resorts en todo el país.

Los antiguos miembros de Identity del Cosmopolitan ahora pueden disfrutar de beneficios en el portafolio de MGM Resorts, que incluye acceso a más de 40,000 habitaciones de hotel, 400+ restaurantes y bares, y entretenimiento de clase mundial. Los miembros de MGM Rewards con estatus de tier selecto se beneficiarán de ventajas mejoradas en el Cosmopolitan, como acceso prioritario, exención de tarifas de resort y varios créditos.

El proceso de integración implicó la transferencia de Puntos Identity a Puntos MGM Rewards y SLOT DOLLARS®. El Cosmopolitan mantendrá su afiliación con la marca Autograph Collection de Marriott Bonvoy y participará en la MGM Collection con Marriott Bonvoy.

라스베가스의 코스모폴리탄이 MGM Rewards에 공식적으로 통합되었습니다, 이를 통해 회원들은 이 럭셔리 리조트에서 리워드를 적립하고 사용할 수 있습니다. 이 통합은 코스모폴리탄의 편의 시설을 더 많은 대중에게 소개하며, 충성 고객들에게는 전국에 있는 20개 이상의 MGM 리조트 속성에 접근할 수 있는 기회를 제공합니다.

코스모폴리탄의 이전 Identity 회원들은 이제 MGM 리조트 포트폴리오 전역에서 혜택을 누릴 수 있으며, 40,000개 이상의 호텔 객실, 400개 이상의 레스토랑과 바, 세계적 수준의 엔터테인먼트를 이용할 수 있습니다. 선택된 티어 상태의 MGM Rewards 회원은 코스모폴리탄에서 우선 접근, 리조트 요금 면제 및 다양한 크레딧과 같은 향상된 혜택을 누릴 수 있습니다.

통합 과정에는 Identity 포인트를 MGM Rewards 포인트 및 SLOT DOLLARS®로 전환하는 작업이 포함되었습니다. 코스모폴리탄은 Marriott Bonvoy의 Autograph Collection 브랜드와의 제휴를 유지하고 Marriott Bonvoy와 함께 MGM Collection에 참여할 것입니다.

Le Cosmopolitan de Las Vegas a été officiellement intégré au MGM Rewards, permettant aux membres de gagner et d'échanger des récompenses dans ce complexe de luxe. Cette intégration marque une étape significative, présentant les commodités du Cosmopolitan à un public plus large tout en offrant à ses clients fidèles l'accès à plus de 20 propriétés des MGM Resorts à travers le pays.

Les anciens membres Identity du Cosmopolitan peuvent désormais bénéficier d'avantages dans le portefeuille des MGM Resorts, y compris l'accès à plus de 40 000 chambres d'hôtel, 400+ restaurants et bars, et des divertissements de classe mondiale. Les membres de MGM Rewards ayant un statut de niveau sélectionné bénéficieront d'avantages améliorés au Cosmopolitan, tels qu'un accès prioritaire, une exemption des frais de séjour, et divers crédits.

Le processus d'intégration implique le transfert des points Identity en points MGM Rewards et en SLOT DOLLARS®. Le Cosmopolitan conservera son affiliation avec la marque Autograph Collection de Marriott Bonvoy et participera à la MGM Collection avec Marriott Bonvoy.

Das Cosmopolitan in Las Vegas wurde offiziell in MGM Rewards integriert, wodurch Mitglieder Belohnungen in diesem Luxushotel verdienen und einlösen können. Diese Integration stellt einen bedeutenden Meilenstein dar, da sie die Annehmlichkeiten des Cosmopolitan einem breiteren Publikum zugänglich macht und treuen Gästen Zugang zu über 20 MGM Resorts-Standorten im ganzen Land bietet.

Ehemalige Identity-Mitglieder des Cosmopolitan können nun von Vorteilen im Portfolio von MGM Resorts profitieren, darunter Zugang zu über 40.000 Hotelzimmern, 400+ Restaurants und Bars sowie erstklassige Unterhaltung. MGM Rewards-Mitglieder mit ausgewähltem Tier-Status werden von verbesserten Vorteilen im Cosmopolitan profitieren, wie z.B. bevorzugtem Zugang, Befreiung von Resortgebühren und verschiedenen Guthaben.

Der Integrationsprozess umfasste die Übertragung von Identity-Punkten in MGM Rewards-Punkte und SLOT DOLLARS®. Das Cosmopolitan wird seine Zugehörigkeit zur Autograph Collection-Marke von Marriott Bonvoy beibehalten und an der MGM Collection mit Marriott Bonvoy teilnehmen.

Positive
  • Integration of The Cosmopolitan into MGM Rewards, expanding earning and redemption options
  • Access to over 20 MGM Resorts properties for former Cosmopolitan Identity members
  • Enhanced tier benefits for select MGM Rewards members at The Cosmopolitan
  • Seamless transfer of Identity Points to MGM Rewards Points and SLOT DOLLARS®
  • Continued affiliation with Marriott Bonvoy's Autograph Collection brand
Negative
  • None.

Insights

The integration of The Cosmopolitan into MGM Rewards marks a significant shift in Las Vegas' loyalty program landscape. This move strengthens MGM's position in the luxury segment and expands its reach to a new demographic of high-end travelers. The Cosmopolitan, known for its distinctive brand and clientele, brings over 3,000 guestrooms and a 100,000-square-foot casino into the MGM portfolio.

From a competitive standpoint, this integration poses a challenge to other major players like Caesars Rewards. MGM now offers a more comprehensive luxury experience across its properties, potentially drawing customers away from competitors. The addition of The Cosmopolitan's unique amenities and dining options enhances MGM's value proposition, particularly for high-tier loyalty members.

However, there are potential risks to consider. The Cosmopolitan's brand identity, which has been a key differentiator, may be diluted as it becomes part of the larger MGM ecosystem. MGM will need to carefully balance maintaining The Cosmopolitan's unique character while integrating it into the broader rewards program.

Financially, this move should drive increased cross-property visitation and spending. The ability for MGM Rewards members to earn and redeem points at The Cosmopolitan could lead to higher overall engagement and loyalty across the MGM portfolio. This integration also provides MGM with valuable data on The Cosmopolitan's customer base, enabling more targeted marketing and personalized experiences.

The integration of The Cosmopolitan into MGM Rewards represents a significant enhancement to MGM's loyalty program. This move expands the program's reach, offering members access to one of Las Vegas' most prestigious properties. The integration aligns with current trends in the hospitality industry, where loyalty programs are increasingly focusing on providing diverse, high-value experiences to members.

A key strength of this integration is the seamless transfer of Identity Points to MGM Rewards Points and SLOT DOLLARS®. This approach minimizes friction for existing Cosmopolitan customers, encouraging continued engagement. The immediate qualification for FREEPLAY offers, promotions and discounted rooms across all MGM properties is a strong incentive for former Identity members to activate their new MGM Rewards accounts.

The expanded benefits for higher-tier members, including priority access lines, waived resort fees and air travel credits, add substantial value to the program. These perks are likely to drive increased loyalty and potentially encourage members to strive for higher tier status.

However, MGM must navigate the challenge of maintaining the exclusivity associated with The Cosmopolitan while integrating it into a broader rewards program. There's a risk of diluting The Cosmopolitan's brand if not managed carefully. Additionally, the continued affiliation with Marriott Bonvoy's Autograph Collection adds complexity to the loyalty landscape, which could potentially confuse some customers.

Overall, this integration significantly enhances MGM Rewards' value proposition, potentially driving increased customer retention and acquisition across MGM's entire portfolio.

Resort's addition to MGM Rewards portfolio allows members to earn and redeem at one of Las Vegas' preeminent luxury destinations

LAS VEGAS, July 31, 2024 /PRNewswire/ -- The Cosmopolitan of Las Vegas is now officially integrated into MGM Rewards, allowing members to earn and redeem MGM Rewards at one of the world's most distinctive luxury resorts while also creating a seamless loyalty experience throughout all MGM Resorts' destinations, in Las Vegas and nationwide.

"This marks an important milestone for The Cosmopolitan as we become fully integrated into MGM Rewards, introducing our resort amenities to a broad new audience while offering our loyal guests unparalleled access to iconic destinations across Las Vegas," said Sean Lanni, President and COO of The Cosmopolitan. "We're looking forward to welcoming MGM Rewards members from our Las Vegas and regional markets who now have the ability to earn and redeem at The Cosmopolitan as they enjoy the resort's exceptional accommodations, dining, entertainment, slots and table games."

Former Identity members of The Cosmopolitan can now unlock perks at over 20 MGM Resorts' properties nationwide including access to more than 40,000 hotel rooms and luxury suites, over 400 restaurants and bars and world-class entertainment offerings. With the integration, MGM Rewards members with select Tier Status are invited to enjoy their enhanced tier benefits at The Cosmopolitan, including priority access lines, waived resort fees, air travel credits, dining credits and cruise offers.

Anil Mansukhani, VP of Loyalty for MGM Resorts, said, "Integrating this beloved resort into MGM Rewards enhances our ability to deliver unforgettable moments and unprecedented access for our members at one of the most celebrated resorts in the city. This is an exciting step in the program's continued evolution as we deliver a truly seamless loyalty experience throughout all of our resorts nationwide."

Identity Points accumulated in The Cosmopolitan's former Identity rewards program through July 29 have been transferred to those members' MGM Rewards accounts as MGM Rewards Points and SLOT DOLLARS® and members immediately qualify for FREEPLAY offers, promotions and discounted rooms at all MGM Resorts' destinations, consistent with program rules. Former Identity members who were not MGM Rewards members at the time of the integration simply need to activate their newly created MGM Rewards account, while those former Identity members who were existing MGM Rewards members at the time of the integration will see their balances updated in their existing MGM Rewards account.

To view the full tier-by-tier benefits for MGM Rewards, visit MGM Rewards Tier Benefits

To view additional details about the program integration, visit the MGM Rewards FAQs.

The Cosmopolitan will continue its affiliation with Marriott Bonvoy's Autograph Collection brand and participate as part of MGM Collection with Marriott Bonvoy, which was created as a result of a long-term licensing agreement between MGM Resorts and Marriott International announced in 2023.

All members can now visit the MGM Resorts website or download the MGM Rewards app to make hotel and dining reservations at The Cosmopolitan and track their MGM Rewards balances and Tier Status. 

To sign up for MGM Rewards, visit https://bit.ly/MGMRewardsSignUp

About MGM Rewards
MGM Rewards is MGM Resorts International's premier lifestyle loyalty program that allows its 44 million members to earn benefits and rewards for virtually every dollar they spend throughout the company's domestic destinations in Las Vegas, Detroit, Atlantic City, Mississippi, Maryland, Massachusetts, New York and Ohio. MGM Rewards members have the benefit of earning MGM Rewards Points based on eligible non-gaming and gaming spend and redeemable for complimentary food and beverage, entertainment, hotel stays, and more. Additionally, seamless integration between MGM Rewards and BetMGM, a leading sports betting and iGaming operator, unlocks even more benefits, including the ability to earn rewards for online BetMGM play, Tier Credits toward MGM Rewards tier advancement and access to tailored offers and real-world experiences across MGM Resorts and BetMGM. For more information, visit mgmrewards.com

About The Cosmopolitan of Las Vegas
The Cosmopolitan of Las Vegas is a unique luxury resort and casino that offers a decidedly different perspective. Located in the heart of the Las Vegas Strip, The Cosmopolitan's distinct vertical multi-tower design features more than 3,000 guestrooms with residential living spaces, private terraces and breathtaking views of the city skyline. Luxury amenities include a premier lineup of world-class culinary experiences; an intriguing mix of bars, nightclubs and entertainment venues; 100,000-square-foot-casino; award-winning spa, salon and fitness center; unrivaled pool district and an eclectic line-up of hand-selected boutiques. For more information visit: cosmopolitanlasvegas.com and follow us on InstagramTwitter and Facebook.

Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in MGM Resorts' public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM Resorts has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, MGM Resorts' expectations regarding the transition and integration of The Cosmopolitan of Las Vegas loyalty program to the MGM Rewards loyalty program and its anticipated benefits to MGM Rewards members. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks related to MGM Resorts' ability to transition and integrate the loyalty program on the terms described herein or at all, the effects of economic conditions and market conditions in the markets in which MGM Resorts operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts' Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM Resorts is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

CONTACT: Robert Flicker, RFlicker@kirvindoak.com 

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SOURCE MGM Resorts International

FAQ

When did The Cosmopolitan of Las Vegas integrate into MGM Rewards?

The Cosmopolitan of Las Vegas officially integrated into MGM Rewards on July 31, 2024, as announced in the press release.

What benefits do MGM Rewards members now have at The Cosmopolitan?

MGM Rewards members can now earn and redeem rewards at The Cosmopolitan. Select Tier Status members enjoy enhanced benefits such as priority access lines, waived resort fees, air travel credits, dining credits, and cruise offers.

How were The Cosmopolitan's Identity Points transferred to MGM Rewards?

Identity Points accumulated through July 29 were transferred to members' MGM Rewards accounts as MGM Rewards Points and SLOT DOLLARS®.

Will The Cosmopolitan maintain its affiliation with Marriott Bonvoy?

Yes, The Cosmopolitan will continue its affiliation with Marriott Bonvoy's Autograph Collection brand and participate in MGM Collection with Marriott Bonvoy.

How many properties can MGM Rewards members now access with the addition of The Cosmopolitan (MGM)?

With the integration of The Cosmopolitan, MGM Rewards members now have access to over 20 MGM Resorts properties nationwide.

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