The 2,510-room Rio Las Vegas will be repositioned into multiple Hyatt full-service brand offerings. Credit: PRNewsfoto/Aimbridge Hospitality.

Global hotel management company Aimbridge Hospitality has been appointed by Dreamscape Companies to manage the Rio Las Vegas multi-brand project.

Under the partnership, Aimbridge Hospitality will manage the repositioning of the 2,510-room Rio Las Vegas into multiple Hyatt full-service brand offerings.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The property will undergo renovation, including the existing public spaces such as gaming, retail, food and beverage, spa and fitness, and pool recreation deck.

Additionally, one of the hotel’s towers will be redeveloped into a new 1,501-room Hyatt Regency hotel. Upon completion, it will feature standard guestrooms averaging 580ft2.

The remaining guestrooms of the Rio Las Vegas will be rebranded or affiliated with other Hyatt full-service brands after renovation.

The Hyatt Regency hotel and other Hyatt-affiliated hotels will have more than 220,000ft2 of function space and advanced meeting facilities.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Dreamscape Companies founder and CEO Eric Birnbaum said: “Aimbridge Hospitality’s capabilities, depth of expertise, and resource-rich support is unrivalled; I couldn’t think of a better team as our hotel operations partner for this venture.

“By pairing their operational expertise with our investment team, we have created a differentiated platform and opportunity to unlock value for our investors. We believe there will be significant opportunity in the near term, and we plan on being active buyers in the hotel sector.”

In November last year, Aimbridge Hospitality announced plans to add another 120 hotels to its portfolio.