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Hyatt Hotels Corporation and The Venetian Resort Las Vegas have announced a long-term licensing agreement that will integrate The Venetian and The Palazzo into Hyatt's booking channels and the World of Hyatt loyalty program. This partnership will allow World of Hyatt members to earn and redeem points at both properties, as well as earn credit toward the Brand Explorer Award. Elite members of World of Hyatt will also enjoy on-property benefits.
The collaboration marks a return to the Las Vegas Strip for Hyatt after its previous partnership with MGM Resorts ended last year. Since then, Hyatt's presence in Las Vegas has been primarily through the off-Strip Rio Hotel & Casino, part of the Destination by Hyatt brand.
The new agreement is expected to replace an existing partnership between IHG Hotels & Resorts and The Venetian, which is set to conclude at the end of this year. Earlier speculation suggested that this breakup could pave the way for Hyatt's significant return to the Strip.
