Hyatt Hotels and The Venetian Resort Las Vegas have formed a long-term licensing agreement to make the luxury property on the Las Vegas Strip bookable through Hyatt channels in the near future. 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, have additional on-property benefits.
The move is a return to the Strip for Hyatt after the company and MGM Resorts ended their loyalty partnership last year amid MGM's new ties with Marriott. Hyatt's biggest Las Vegas presence since has been at the off-Strip Rio Hotel & Casino, which is part of the Destination by Hyatt brand.
“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,” Hyatt Chief Commercial Officer Mark Vondrasek said in a statement. “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.
"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 CEO 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.”
IHG Hotels & Resorts has had a partnership with The Venetian, but that deal is expected to end at the end of this year.