MGM Just Shut the Door on Barry Diller: “We’re Done”

MGM Resorts ends merger talks with Barry Diller’s People Inc. and limits his stake with a new voting pact, Marriott quietly cuts corporate jobs days before earnings, and nearly half a million travelers in Asia Pacific are paying Accor for the privilege of loyalty. On today’s Skift Daily Briefing, Tasmin Lockwood, Skift’s Climate and Experiences Reporter, breaks down why MGM now has to fix a sliding Las Vegas business on its own, what Marriott’s back-office cuts signal about cost discipline heading into Monday’s earnings, and why paid hotel loyalty works where subscriptions are already second nature. This episode is brought to you by ZS Articles Referenced:Connect with Tasmin LockwoodWe’re Done: MGM Resorts Ends Merger Talks With Barry Diller’s People Inc.Marriott Confirms Corporate Job CutsWould You Pay for Hotel Loyalty? 485,000 Accor Members in Asia Pacific Already Do Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.