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Hyatt already has a foothold in Las Vegas through its partnership with MGM but following a major refurbishment of the Rio Las Vegas, World of Hyatt fans visiting Las Vegas will soon have the option of enjoying multiple Hyatt full-service properties too.
The Renovation Of The Rio Las Vegas
The 2,510+ room Rio Las Vegas is about to undergo a major refurbishment project that will see its rooms and all of the current public spaces, including gaming, retail, food and beverage, spa and fitness, and pool recreation deck get a top-to-bottom makeover as the property is dragged into the 21st century.
Upon completion, one of the Rio’s fully refurbished towers is expected to become a 1,501-room Hyatt Regency hotel with standard guestrooms averaging 580 square feet, while the remainder of the Rio’s guestrooms are expected to be branded or affiliated with one or more other Hyatt full-service brands once their renovations are completed.
The Rio was once a Caesars Entertainment property but was purchased for $516.3m in 2019 by Dreamscape Companies LLC which will be leading the property’s renovations.
When asked about the impending partnership with Dreamscape, Kimo Bertram, Hyatt’s vice president of real estate and development had this to say:
“We are thrilled that Dreamscape will help us bring multiple Hyatt full-service brands to Las Vegas, starting with a Hyatt Regency hotel, which we believe will deliver on the Hyatt Regency brand promise of creating meaningful connections in modern spaces designed for sharing, socializing, and collaborating”
“We know Las Vegas is an important destination for our guests, World of Hyatt members, and customers, and this project is a significant step for Hyatt as we continue to grow our brands in markets that matter most to our loyal travelers.”
No timeline has been provided for the renovations so we’re still probably a few years away from seeing the finished article, but the end product should be worth waiting for. The Rio’s location isn’t particularly convenient if you’re hoping to spend a lot of your time on the Strip, but the Hyatt Regency brand usually delivers a good product, the fact that the property isn’t on the strip should help keep prices reasonable and the size of the rooms will continue to make the property attractive.
Bottom Line
When the renovations of the property currently known as the Rio Las Vegas are complete, one of the towers will be rebranded as a Hyatt Regency Property, and the remaining rooms will come under one or more other Hyatt full-service brands.
Featured image courtesy of Dreamscape Companies LLC
