Hyatt Signs Agreement with Venetian Resort

Hyatt Hotels Corporation has entered a long-term licensing agreement with The Venetian Resort Las Vegas, allowing bookings through Hyatt platforms, including its website and mobile app. This partnership adds 7,000 rooms and 2.25 million square feet of meeting space to Hyatt’s offerings, enhancing options for World of Hyatt members who can earn and redeem loyalty points on qualifying stays. The Venetian Resort is the only all-suite resort on the Las Vegas Strip, known for its unique blend of Venetian charm and Las Vegas energy. This agreement comes after Hyatt lost its partnership with MGM Resorts to Marriott in 2023, marking a strategic move for Hyatt to regain a foothold in Las Vegas. The reciprocal benefits for Venetian Rewards members will be announced shortly. Mark Vondrasek, Hyatt's Chief Commercial Officer, emphasized the increased demand for accommodations in Las Vegas as a key factor in this collaboration.