LAS VEGAS (Dec. 12, 2024) – The Venetian Resort is sharing the success of the Resort’s performance in 2024 with all its Team Members through the Venetian Appreciation Award, a unique employee recognition program that continues to demonstrate the Resort’s commitment to its Team Members and overall organizational success.
After a third record breaking year, The Venetian Resort will distribute $1,250 pre-taxed dollars, to all full-time flex Team Members. Part-time and on-call will also receive an award prorate based on hours worked in the past year. This distribution marks a milestone achievement, bringing the cumulative program payout to $3,500 per full-time flex Team Member since the program’s inception in 2022.
“We are thrilled that we have been able to provide a distribution to our Team Members annually since 2022 based upon the resorts financial and service performance goals. We know it helps bring joy to the holiday season and is a reflection of the contributions of our Team Members throughout the year. The program is designed so that all Team Members understand and benefit from the impact of their contribution to this amazing resort. This helps contribute to the sense of pride and service we deliver every day,” said Patrick Nichols, president and chief executive offer of The Venetian Resort.
The program, pioneered by The Venetian Resort with the support of Apollo Funds, aims to align Team Members with the Resort’s strategic objectives, creating a motivating culture of ownership and shared success. This initiative also is consistent with the Apollo Empower program mission to provide pathways to long-term financial security to workers across Apollo fund investments.
The Venetian Resort is preparing for an exciting year ahead in 2025, with ambitious plans that include world-class restaurant openings, continuation of its suite renovations and a comprehensive convention center refresh. These initiatives are part of a broader $1.5 billion reinvestment, with a continued emphasis on valuing its most critical asset, its Team Members.
The Venetian Resort continues to be a leading Las Vegas destination, committed to providing exceptional guest experiences and creating a supportive, innovative work environment. The Venetian Appreciation Award distribution represents more than just a financial reward, it is a testament to the Resort’s strong belief in recognizing and empowering its Team Members.
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Media Contact
The Venetian Resort Las Vegas
Kirvin Doak Communications
About The Venetian Resort Las Vegas
The Venetian Resort Las Vegas features all-suite accommodations across The Venetian and The Palazzo. The iconic resort’s experience is marked by a commitment to sophisticated play and light-hearted luxury, with world-class restaurants from celebrated chefs including Cote by Simon Kim, Bazaar Meat by José Andrés, and Southern California favorite Gjelina; the rejuvenating Canyon Ranch spa + fitness; a five-acre pool and garden deck inspired by the Italian Riviera including TAO Beach Dayclub, a Balinese-inspired tropical oasis; two landmark casinos and a poker room; Voltaire, a destination nightlife venue that blurs the lines between and intimate club and is home to the Queen of burlesque, Dita Von Teese; concert and non-stop entertainment including master illusionist Shin Lim; TAO Nightclub, and unparalleled retail experiences at Grand Canal Shoppes.
A premier events and conference center, the resort is home to more than 2.25 million square feet of meeting, exposition, and convention space. The Venetian Resort’s brand-new loyalty program, Venetian Rewards, offers resort-wide earning and redemption for gaming play, including slots and tables, as well as experiential spend, such as dining, entertainment, hotel reservations, and more.
The Venetian Resort Las Vegas is the only place fans can get the full experience of Sphere at The Venetian with concert and hotel packages including preferred seating. Sphere is a next-generation venue that will redefine the future of live entertainment.
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