$1.5 billion makeover of Venetian detailed

May 2, 2024 1:23 PM
Photo: Shutterstock
  • David McKee, CDC Gaming Reports
May 2, 2024 1:23 PM
  • David McKee, CDC Gaming Reports

After a quarter of a century, the suites at the Venetian Resort will be redone. The massive remodel is just part of a $1.5 billion renovation project, announced just before the megaresort’s 25th anniversary, which occurs on May 4.

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All 4,000 Venetian suites will be refreshed and back in service by September of this year. In a formal statement, Venetian execs elaborated, “The new suites are inspired by the traditional ornate costumes of the Venetian Carnival, infusing energy, spirit, and warmth in a contemporary fresh design.”

The multi-million-dollar makeover will also encompass several new restaurants, as yet unannounced. Nor are the redesigns confined to the Venetian. The sportsbook at Palazzo will be revamped and rebranded in a multi-year naming-rights partnership with Yahoo. Also coming this summer is a new poker room.

“The Venetian Resort’s innovative spirit has had a massive impact on Las Vegas over the last 25 years and paved the way for our visionary $1.5 billion reinvestment today,” said CEO Patrick Nichols. The renovation, he continued, “signifies a deep understanding of our guests and a profound reimagining of an iconic resort unlike any other in history. The beauty of this project lies within the balance of the beloved familiar and the never-before-seen.”

Out of the total investment, $188 million will go toward the property’s convention center. According to the statement, “Inspired by the needs of the property’s long-standing group guests, key design elements will include an elegant new color palette which presents an upscale departure from the traditional convention spaces, luxury lounge spaces for meetings and innovative new technology that will continue to lead the market for years to come.”