LAS VEGAS – Hyatt Hotels Corporation (NYSE: H) and The Venetian Resort Las Vegas today announced a long-term licensing agreement to make the iconic luxury property on the Las Vegas Strip bookable through Hyatt channels, including Hyatt.com and the World of Hyatt mobile app, in the near future. Soon, World of Hyatt members and eligible meeting and event planners will be able to earn and redeem loyalty points on qualifying stays, earn credit toward the Brand Explorer Award and, for World of Hyatt elite members, enjoy additional on-property benefits. With this long-term licensing agreement, Hyatt will offer more choice for rewarding travel experiences and stays in the all-suite resort at the heart of the Las Vegas Strip.
“Las Vegas is a perennial favorite for World of Hyatt members and our group business customers are requesting rooms at a higher volume than pre-pandemic due to the world-class entertainment and unique experiences offered by this dynamic destination,” said Mark Vondrasek, Chief Commercial Officer, Hyatt. “The licensing agreement with The Venetian Resort Las Vegas adds 7,000 rooms and 2.25 million square feet of meeting space, inviting Hyatt’s loyalty members and valued customers to have even more options to earn and redeem loyalty points when visiting Las Vegas.”
The Venetian Resort Las Vegas, home to two luxury hotels – The Venetian and The Palazzo – is the only all-suite resort on the Las Vegas Strip. Combining the romance of Venice with the vibrant energy of Las Vegas, this iconic destination offers an experience that delights all the senses. Whether strolling along picturesque canals, enjoying a gondola ride, savoring culinary masterpieces crafted by some of the most celebrated chefs and restaurants on the Strip or experiencing world-class entertainment, including the revolutionary Sphere at The Venetian, World of Hyatt members will soon be able to earn and redeem points at this extraordinary resort.
“Our legendary resort continues to lead the way on the Strip, setting the benchmark for innovation, luxury, and unforgettable guest experiences,” said Patrick Nichols, President and Chief Executive Officer of The Venetian Resort Las Vegas. “From unveiling reimagined suites and collaborating with world-renowned chefs to delivering unparalleled entertainment, we have consistently stayed at the forefront of this ever-evolving destination. As we embrace a new era for The Venetian Resort, this relationship enables us to expand our reach and connect with new audiences.”
Following a transformative $1.5 billion reinvestment, The Venetian’s suites – the largest on the Las Vegas Strip – have been reimagined with designs inspired by the ornate costumes of the Venetian Carnival. Guests can drift along the Grand Canal aboard an iconic gondola, immersing themselves in the romance of Venice, Italy’s “Floating City.” At The Venetian, the charm of Venice meets the excitement of Las Vegas, while The Palazzo offers a contemporary take on luxury with sleek and modern sophistication. Together, these iconic properties offer an extraordinary getaway, complemented by award-winning dining from culinary legends like Wolfgang Puck, Thomas Keller, and Tetsuya Wakuda. A stay at The Venetian isn’t just a visit – it’s a feast for the senses.
As part of this long-term licensing agreement, World of Hyatt will, in the future, offer elite Venetian Rewards members benefits within World of Hyatt. Additionally, in the near future, these two hospitality powerhouses will work together in the MICE (meetings, incentives, conferences, and exhibitions) and convention space to also complement each other’s strengths in group business.
Stay tuned for additional information on when and how The Venetian Resort will participate in World of Hyatt.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
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About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of September 30, 2024, the Company’s portfolio included more than 1,350 hotels and all-inclusive properties in 79 countries across six continents. The Company’s offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and me and all hotels; the Inclusive Portfolio, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Sunscape® Resorts & Spas, and Alua Hotels & Resorts®; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.
About The Venetian Resort Las Vegas
The Venetian Resort Las Vegas features all-suite accommodations across The Venetian and The Palazzo. The iconic resort’s experience is marked by a commitment to sophisticated play and light-hearted luxury, with world-class restaurants from celebrated chefs including Cote by Simon Kim, Bazaar Meat by José Andrés, and Southern California favorite Gjelina; the rejuvenating Canyon Ranch spa + fitness; a five-acre pool and garden deck inspired by the Italian Riviera including TAO Beach Dayclub, a Balinese-inspired tropical oasis; two landmark casinos and a poker room; Voltaire, a destination nightlife venue that blurs the lines between and intimate club and is home to the Queen of burlesque, Dita Von Teese; concert and non-stop entertainment including master illusionist Shin Lim; TAO Nightclub, and unparalleled retail experiences at Grand Canal Shoppes.
A premier events and conference center, the resort is home to more than 2.25 million square feet of meeting, exposition, and convention space. The Venetian Resort’s brand-new loyalty program, Venetian Rewards, offers resort-wide earning and redemption for gaming play, including slots and tables, as well as experiential spend, such as dining, entertainment, hotel reservations, and more.
The Venetian Resort Las Vegas is the only place fans can get the full experience of Sphere at The Venetian with concert and hotel packages including preferred seating. Sphere is a next-generation venue that will redefine the future of live entertainment.
The Venetian® and other trademarks are used under license. The names and brands mentioned above are trademarks and/or registered trademarks of their respective owners.
MEDIA CONTACTS:
Hyatt
Kaitlyn Sheehy
The Venetian Resort Las Vegas
Anna Schmid
Anna.Schmid@VenetianLasVegas.com
INVESTOR CONTACT:
Adam Rohman
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