Rio Las Vegas is now offering loyalty point earning and redemption to World of Hyatt Rewards members.
Rio Casino & Hotel A $340 million building restoration is currently underway in Las Vegas, which was last known as the Rio All-Suite Hotel & Casino. The owner of the off-Strip casino declared in 2021 that Hyatt Hotels Corporation would take over as its hotel operator, replacing Caesars Entertainment.
In December 2019, Dreamscape, a division of the New York-based Imperial Companies, paid $516.3 million to Caesars for the Rio. For the buyer, the timing couldn't have been worse: a few months later, the COVID-19 outbreak forced Las Vegas to go into lockdown.
Dreamscape managed to survive the COVID-19 pandemic by extending its operating lease with Caesars until the previous fall. The Caesars deal expired on October 31.
Dreamscape officials told Casino.org today that the first phase of the Rio's two-phase makeover, which started in August of last year, is anticipated to be completed and open for guests this fall.
Rio and Hyatt Collaborate
This autumn will see the opening of the first phase of the new Rio. When it opens, visitors will discover that the 1,501-room Ipanema Tower has been entirely renovated.
According to a Dreamscape announcement, every accommodation has undergone significant renovations and improvements, along with the lobby, gaming floor, sportsbook, restaurants, conference spaces, welcome area, and outdoor pool complex. World of Hyatt members will be able to accrue points for their stays at the Rio's Ipanema bedrooms as they transform into Destination by Hyatt hotels.
"We’re proud to collaborate with Rio Hotel & Casino on this transformational project to revitalize the iconic hotel as a Destination by Hyatt hotel in a key market like Las Vegas,” said David Tarr, senior vice president of development of Hyatt Americas. “Destination by Hyatt hotels are individual at heart and embody the true spirit of the destination, and Rio Hotel & Casino will be no exception.”
Members of Hyatt Rewards will start earning points for every stay at the Rio immediately. Additionally, through June 30th, the casino is giving out 500 points for each qualifying night spent at the resort.
The addition of Hyatt, according to Dreamscape Founder Eric Birnbaum, "opens the door" for the resort to accept "an entirely new group of travelers."
The 1,012 guestrooms in the Masquerade Tower and the public spaces that surround them will be completely renovated as part of the second phase of the Rio renovation. Additionally, the skyscraper will feature a Destination by Hyatt establishment.
Collaboration May Benefit Rio
The Rio was in dire need of a significant renovation, and the Caesars battled for years before finding a buyer.
Many players complained about the outdated facility during the last two World Series of Poker events Caesars hosted at the casino. Concern was increased by a spate of crimes in the resort's parking lot.
The new Rio's partnership with Hyatt might prove to be profitable.
Last July, MGM Resorts broke its connection with World of Hyatt. Hyatt members could no longer use their points for redemption at a significant Las Vegas casino hotel following the termination of the more than ten-year alliance.
The Rio will be the only hotel option with a casino for World of Hyatt members staying overnight in Las Vegas, despite not being on the Strip and being located roughly one mile west of the main strip. In Southern Nevada, Hyatt Place Las Vegas next to the airport and Hyatt Place at Silverton Village accept Hyatt rewards points as well.