I’m not sure why people were surprised or hoping for anything more. Think about it from the hotel owners standpoint - which is MGM (or technically not given they lease the property now, but for this purpose, the same difference). MGM generates a lot of revenues from parking fees, resort fee, dining and the like. A bunch of Hyatt elites were likely staying and not paying fees, not gambling much, etc. With this program, many more Marriott elites will be staying at MGM (because there are many more Marriott elites), but they will be paying resort fees, so MGM gets more money (regardless of whether they gamble). Those Marriott elites also get points when they were not getting them before. All the stuff about breakfast, loyalty benefits, etc is irrelevant. From a MGM perspective, they are swapping out fewer, less profitable customers (Hyatt) for a greater number of more profitable customers (Marriott). From an Marriott elite perspective, elites can now earn points on stays they may have been making already. From a Marriott perspective, they get a kickback from MGM. The partnership is built for those that travel to Vegas for work and who want to earn and redeem points - nothing else matters. If you travel for Vegas a lot for play (an MGM elite for example), you are already likely set up via a casino program. If you want perks while visiting Vegas, book via Amex FHR, Virtuoso, whatever. The only people that lose out on this are Hyatt elites (and I guess Hyatt corporate), but we knew that already