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November 28, 2009

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Venetian looks at adding 1,000 rooms, confirms art deal

Tuesday, Sept. 19, 2000 | 12:02 p.m.

The Venetian hotel-casino today said it's studying the possibility of adding another 1,000 guest rooms on top of its existing parking garage. The property already has 3,036 suites.

The study was launched because of strong room demand at the Venetian, Sheldon Adelson's resort on the Las Vegas Strip.

Venetian executives also confirmed a partnership with the Solomon Guggenheim Foundation, the Guggenheim and Hermitage museums to build two projects -- museum and exhibition space -- at the Venetian for the display of fine and popular art at the Venetian.

"The partnership between the prestigious Guggenheim and Hermitage Museums further solidifies our effort to create an upscale positioning in the marketplace and enhances our business strategy to build a distinctive resort within a destination city," said William Weidner, president of Las Vegas Sands Inc., parent of the Venetian.

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