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The Palazzo / p ə ˈ l ɑː t s oʊ / (also called The Palazzo at The Venetian [1]) is a luxury hotel and casino resort located on the Las Vegas Strip in Paradise, Nevada.The Palazzo is part of a larger complex (operated as one hotel) comprising the adjoining Venetian resort and Venetian Expo, all of which are owned by Vici Properties and operated by Apollo Global Management.
The 50-story Palazzo, directly north of the Venetian, includes more than 3,000 rooms. When considered as a single property, the Venetian-Palazzo complex ranked as the world's largest hotel, [146] [147] with approximately 7,100 rooms. [147] [148] [149] It lost this title to the First World Hotel in 2015. [150]
Thousands of hospitality union workers on the Las Vegas Strip have reached a tentative deal with the Venetian and Palazzo resorts, a first for employees at the sprawling Italian-inspired complex ...
In 2004, Las Vegas Sands, Inc. went public, [3] and its name was changed to the Las Vegas Sands Corp. Construction on The Palazzo began in 2005. The Palazzo and The Venetian make up the world's largest hotel under one roof, at 7,000 all-suite rooms and 17 million square feet. [6]
The city of Las Vegas, Nevada and its surrounding unincorporated communities in the Las Vegas Valley are the sites of more than 160 high-rises, [1] 42 of which stand taller than 400 feet (122 m). The tallest structure in the city is the Strat tower, which rises 1,149 feet (350 m) just north of the Las Vegas Strip . [ 2 ]
Vici more than doubled its size in 2022 by acquiring MGM Growth Properties and the Venetian complex on the Las Vegas Strip. Vici purchased the real estate of the Venetian complex from Las Vegas Sands in February 2022 for $4 billion. [37] [38] The acquisition included the Venetian and Palazzo casino hotels and the Sands Expo convention center. [38]