by Michael J. Shapiro | October 27, 2010

At its annual conference in Las Vegas on Monday, InterContinental Hotels Group announced that a 10-year license agreement had been signed with Las Vegas Sands Corp. to add the Venetian and Palazzo hotels to IHG's global portfolio. The 4,027-room Venetian and 3,066-room Palazzo will maintain their independent identities while becoming InterContinental Alliance Resorts, which means the Las Vegas properties will have access to IHG's global operating system, including the hotel company's call centers, sales force and loyalty program. For its part, IHG will have a presence at two luxury resorts on the Las Vegas Strip, where loyalty program members can enjoy benefits. Planners will be able to book meeting space at the two properties through IHG when the program goes live sometime in the first quarter of 2011.