The Venetian Resort Unveils Massive $1.5 Billion Reinvestment Plans

The Venetian Resort in Las Vegas announced yesterday that the iconic property is getting a $1.5 billion reinvestment to coincide with its 25-year anniversary.

The ambitious hotel renovation promises to completely overhaul the Venetian. All 4,000 suites in The Venetian towers, including the signature suites, will be updated with new designs inspired by the traditional ornate costumes of the Venetian Carnival. The updates are expected to be completed by September 2024.

“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 Patrick Nichols, president and chief executive officer of The Venetian Resort Las Vegas. 

In addition to the updated accommodations, the reinvestment will launch new dining concepts, to be announced later this year, and new gaming offerings. This fresh entertainment includes the Palazzo High Limit Lounge, the redesigned Yahoo Sportsbook, and a brand-new poker room. 

The reinvestment plan includes previously announced $188 million to renovate the resort’s convention center. The redesign will update the design throughout, as well as innovative new technology. 

“This redevelopment marks more than just a surface-level renovation, it signifies a deep understanding of our guests and a profound reimagining of an iconic resort unlike any other in history,” said Nichols. “The beauty of this project lies within the balance of the beloved familiar and the never-before-seen.”