Hotel and resort operator InterContinental Hotels Group Plc (IHG) announced on Tuesday that some properties of Macau casino operator Sands China Ltd will be part of IHG’s InterContinental Alliance Resorts network.
The Venetian Macao (pictured) and the Parisian Macao will become partners of the InterContinental Alliance Resorts with immediate effect, until 2027. In addition, the Londoner Hotel will join the network when that accommodation project is completed in 2020, according to Tuesday’s press release.
The 600 all-suite Londoner Hotel is replacing the existing Holiday Inn Macao Cotai Central, as part of the US$1.35-billion project to turn the Sands Cotai Central casino complex into a themed resort called the Londoner Macao.
The so-called InterContinental Alliance Resorts is a network of partnerships with hotels and resorts in locations where currently there is no InterContinental property. Such partnerships allow customers to enjoy “all the rewards of being an InterContinental guest,” according to the release.
Two properties of United States-based Las Vegas Sands Corp – the parent of Sands China – are already part of the InterContinental Alliance Resorts, added the statement. Those are the Venetian and the Palazzo, two properties in Las Vegas, Nevada.
The release quoted Wilfred Wong Ying Wai, president of Sands China, as saying: “We are delighted to be expanding our strategic alliance with our long-term partner, IHG … This valuable partnership further reinforces our commitment to Macau, and to providing outstanding customer experiences across our properties.”
Jolyon Bulley, IHG’s chief executive for Greater China, said in a prepared statement that the partnership with Sands China would enable IHG to offer its Rewards Club members “more than 5,000 luxury suites” in Macau.
To celebrate the partnership, IHG said on Tuesday that it would launch a series of “exclusive accommodation, dining and entertainment packages” with the Venetian Macao and the Parisian Macao.
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Vitaly Umansky, Kelsey Zhu and Tianjiao Yu
Analysts at brokerage Sanford C. Bernstein