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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.
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] The complex has a total of 225,000 sq ft (20,900 m 2) in gaming space. [151] In 2010, the Venetian and Palazzo partnered ...
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] Apollo Global Management bought the operating business and leased the property from Vici for $250 million per year. [37]
The Venetian was owned by the Pica family for 90 years, first opening on Cape Cod in 1929. The restaurant moved to North Weymouth and a few locations in East Weymouth before landing in 1940 at its ...
The Venetian Expo (also known as the Venetian Convention and Expo Center) [1] is a convention center located in Paradise, Nevada, near the Las Vegas Strip. [2] It is part of the Venetian and Palazzo resort complex, owned by Vici Properties and operated by Apollo Global Management .
As of 2008, the Grand Canal Shoppes at the Venetian averaged 20 million visitors a year. [15] In 2013, GGP sold half of its interest in the Grand Canal Shoppes, including the Shoppes at the Palazzo, for net proceeds of $410 million as part of a new joint venture with TIAA-CREF. [16] GGP was acquired by Brookfield Properties in 2018. [17]
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The Great Hall. The Venetian Macao (Chinese: 澳門威尼斯人) is a hotel and casino resort in Macau, China owned by the American Las Vegas Sands company. The 39-story [1] structure on Macau's Cotai Strip has 10,500,000-square-foot (980,000 m 2) of floor space, and is modeled on its sister casino resort The Venetian Las Vegas.