IHG Hotels & Resorts will conclude its long-standing partnership with The Venetian Resort Las Vegas and The Palazzo at The Venetian Resort by the end of 2024. This decision ends a nearly 15-year affiliation between these properties and IHG's InterContinental Hotels & Resorts brand. Despite the termination, IHG One Rewards members can still earn points on existing bookings for stays until March 31, 2025.
An IHG spokesperson clarified that this change only affects the Las Vegas properties. Guests can continue to book other alliance properties at gaming resorts like The Venetian Macao, The Parisian Macao, and The Londoner Macao in China.
During an earnings call, IHG leaders mentioned that the end of this partnership will result in a reduction of 7,092 hotel rooms from their total network. However, they noted that the financial impact is minimal due to the nature of the agreement.