Quantcast

IHG ends long-term partnership with The Venetian Resort Las Vegas

IHG ends long-term partnership with The Venetian Resort Las Vegas
Research
Webp 7r8ejehlu4na0v96zw2q0ylrewdv
Christina Ly Credit cards writer | The Points Guy

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.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Speculation arises about potential new partnerships as competitors like Hyatt might consider stepping in. This follows Marriott's recent announcement of a new W Hotels property with MGM Resorts on the Strip.

IHG CEO Elie Maalouf commented on the development during an earnings call: "The legacy agreement is from 15 years ago, and we (are) a very different company from 15 years ago."

In contrast to this ending partnership, IHG has seen growth elsewhere. In the third quarter, they opened double the number of new hotel rooms compared to last year and reported a 12% increase in their global development pipeline.

Organizations Included in this History
More News

London Heathrow, recognized as Europe's busiest airport, will soon experience an increase in its flight offerings by Oman Air.

Sep 2, 2025

Minneapolis–St. Paul International Airport will commence safety and airfield improvement projects on Runway 12R-30L in two distinct phases throughout 2025.

Aug 22, 2025

Delta Air Lines is adjusting its service between Atlanta and Anchorage, extending flights beyond the summer travel season to a year-round offering.

May 15, 2025

In December 2022, Southwest Airlines faced a major crisis as operational challenges led to the cancellation of 16,900 flights, affecting nearly two million passengers during a peak travel period.

Apr 19, 2025

Harrison Ford, an acclaimed actor known for roles such as Han Solo in "Star Wars" and Indiana Jones, is also a noted aviation enthusiast.

Apr 19, 2025

Iberia Airlines has confirmed a notable shift in its flight schedule connecting Madrid and Dallas/Fort Worth, introducing its first overnight service from Europe to the US.

Apr 19, 2025