In the following video, Fool contributor Matt Thalman discusses why he believes MGM Resorts' (NYSE:MGM) recent move to partner with both Southwest Airlines (NYSE:LUV) and Hyatt Hotels (NYSE:H) will greatly benefit not only MGM but also its two new partners.
The companies will now all have larger loyalty customer bases, and with few to no additional costs associated with acquiring these new customers, their loyalty rewards will be more appealing and rewarding -- as they should be -- and help Las Vegas attract more tourists with more money burning holes in their pockets.
Fool contributor Matt Thalman owns shares of MGM Resorts International. The Motley Fool recommends Southwest Airlines. Check back Monday through Friday as Matt explains what caused the Dow's winners and losers of the day, and every Saturday for a weekly recap. Follow Matt on Twitter: @mthalman5513. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.