Venetian reports better-than-expected convention bookings

LAS VEGAS -- Meeting and convention business at the Venetian Resort Hotel Casino is better than was anticipated at its May 3 limited opening, according to Chris Meyer, director of sales and marketing. "We imagined it would have been around 30%, but it's been even stronger," he said.

The conventions and meetings market has constituted about 40% of bookings, Meyer said, and eventually could surpass the leisure category by a 60-to-40 ratio.

The $1.5 billion property targeted the business market by providing all-suite rooms, extended business services and convention facilities. Each suite has 700 square feet and contains a large safe and three telephone lines.

With the nearby Sands Expo Center, which is owned by the Venetian's parent company, Las Vegas Sands Inc., the Venetian offers 1.7 million square feet of meeting space.

Meyers said the Venetian was designed as a multiuse resort with 14 restaurants and such amenities as the Canyon Ranch Health Spa. Although some components of the property were not ready for its opening, all of the Venetian's rooms and 11 restaurants were opened in July. The delay apparently has not hampered the hotel's meeting business.

Starting in October, a number of conventions have booked up the entire 3,036 suites available at the Venetian, said Meyer. "We're going to see more and more meeting business here and a lot more travel agent-related bookings," Meyer said.

During June and July, the resort had an agent special with rates of $49 during the week and $89 on weekends. In those two months, Meyer said, more than 3,000 rooms were booked by travel agents.

The Venetian itself has attracted conventions that in the past would not have considered Las Vegas, said Meyer. "The Venetian does not revolve around the casino, unlike every other property," he said.

Venetian Resort Hotel Casino
Phone: (888) 2-VENICE

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