Hyatt Brings Full-Service Brand Offerings to Las Vegas
Hyatt today announced that a Hyatt affiliate has entered into franchise agreements with an affiliate of Dreamscape Companies LLC, which will lead the renovation of the Rio Las Vegas. The multi-phase project will bring multiple Hyatt full-service offerings to Las Vegas, in the renovated Rio hotel.
“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,” said Kimo Bertram, Hyatt’s vice president of real estate and development in the press release. “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.”
The more than 2,510-room Rio will be renovated and rebranded into multiple Hyatt full-service brand flags, and will undergo a redevelopment of the current public spaces, including gaming, retail, food and beverage, spa and fitness, and pool recreation deck. In addition, the Rio Las Vegas will undergo a renovation of one of the hotel’s existing towers, and upon completion, the tower is expected to become a 1,501-room Hyatt Regency, a brand known for meeting the needs of both business and leisure travelers.
This development project does not impact World of Hyatt’s existing strategic loyalty alliance with MGM. World of Hyatt members can continue to earn and redeem points at participating MGM properties in Las Vegas in addition to other M life loyalty program benefits. Once we have more information on the World of Hyatt Award Chart category for the Hyatt Regency hotel or the other Hyatt-branded or affiliated hotels, we will be sure to share.
